As of yesterday there have been 2425 residential sales reported by REALTORS® in the greater Edmonton area. That's a new record June for sales! With 1 day left in the month, how high will the new record be? Full report tomorrow! [...]
Archive | June, 2009
Edmonton Real Estate Sales Watch
As of yesterday there have been 2304 residential sales reported by REALTORS® in the greater Edmonton area. That's a record June for sales beating the previous record (June 2007) of 2203. With 2 days left in the month, how high will the new record be? [...]
Edmonton Real Estate Market Weekly Update
Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 448 (483, 536, 516)# Sales: 421 (441, 359, 377)Ratio: 94% (91%, 68%, 73%)# Price changes: 203 (233, 246, 207)# Expired Listings: 69 (102, 112, 204)# Withdrawn/terminated/etc. listings: 34 (46, 102, 29, 21)Net loss/gain in listings this week: -76 [...]
The Real Property Report: What is it and why do I need one?
Guest author Stan Galbraith of Galbraith Law is back! Earlier this year, Stan did a great series of articles for the Edmonton Real Estate Blog on foreclosures. He is back with a series on Real Property Reports and Title Insurance. This is the first of three articles in the series:What is a Real Property Report (RPR)? And what purpose does it serve in a [...]
What Not to Do Before Taking Possession of Your New Home
Gord McCallum at First Foundation Mortgages sent us this list of What NOT to do before taking possession of your new home:Don't quit your current job.Don't do anything that will reduce your income (ie switch from full time to part time).Don't apply for new loans or credit (including credit cards)Don't close accounts with zero balanceDon't co-sign a loan or mortgage [...]
Edmonton Real Estate Market Weekly Update
Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 483 (536, 516, 469)# Sales: 441 (359, 377, 437)Ratio: 91% (68%, 73%, 93%)# Price changes: 233 (246, 207, 239)# Expired Listings: 102 (112, 204, 85)# Withdrawn/terminated/etc. listings: 46 (29, 21, 27)Net loss/gain in listings this week: -60 (36, -86, [...]
Wide Angle HD Video Home Tours
We try not to talk too much about our specific services or listings on the blog, but I'm so excited about this I just had to share it. Canon recently released a new DSLR camera that shoots HD video. Now, I'll be the first to admit shooting in HD isn't all that new or exciting, we've been using our little flip video [...]
Edmonton Brings up the National Average
All the Canadian newspapers are aflutter because the Canadian Real Estate Association released their monthly report today, with positive news. I think people tend to get over excited about these releases whether positive or negative, but, here is the gist of it.Resales of existing Canadian homes showed continuing improvements in in May, with both the number of transactions and the [...]
Edmonton Real Estate Market Weekly Update
Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 536 (516, 469, 406)# Sales: 359 (377, 437, 316)Ratio: 68% (73%, 93%, 78%)# Price changes: 246 (207, 239, 216)# Expired Listings: 112 (204, 85, 129)# Withdrawn/terminated/etc. listings: 29 (21, 27, 19)Net loss/gain in listings this week: 36 (-86, [...]
Edmonton Vacancy Rate on the Rise
Canada Mortgage and Housing released its Spring Rental Market Report today. Highlights:The average apartment vacancy rate in Alberta's urban centres increased from 2.9 per cent in April 2008 to 4.6 per cent in April 2009. All centres except Grande Prairie reported a higher vacancy rate in 2009.The 2009 vacancy rates ranged from a low of 1.2 per cent in Cold [...]
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Edmonton Real Estate Market Weekly Update – Jan. 6/12
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Edmonton Real Estate Market Weekly Update – Jan. 20/11
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Edmonton Real Estate Market Weekly Update – Jan. 13/12
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About Us
The Edmonton Real Estate Blog is written by Sheldon Johnston and Sara MacLennan of Coldwell Banker Johnston real estate; both are licensed real estate associates in the Province of Alberta.
Aside from blogging, Sheldon manages the brokerage and assists clients buying and selling real estate in the Edmonton area, while Sara focuses on marketing and business development. If you're thinking of buying or selling real estate, or if you're interested in a career with one of Edmonton's most successful teams, contact them at blog@teamjohnston.com.
The opinions contained herein are those of the authors and are just that - their opinions. For legal information, consult a lawyer. For mortgage information consult a mortgage professional. For tax information consult an accountant. This information is not intended to solicit clients already under contract.
For more information about us visit our website.
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