Friday, March 27, 2009 - New Listing - E3179284
Just added this listing: "Amazing. A perfect package with all the upgrades. Family friendly design, starting with a large livingroom with a feature brick mantle, wood burning fireplace, Berber carpeting and double pocket french doors for privacy. Custom built hickory kitchen cabinets are every cooks dream, open to spacious dining nook with matching side china cabinet and wine rack. Renovated main bath with new vanity, Jacuzzi tub and surround. Master bedroom has a private 2 pce ensuite, bedroom ...
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posted in Listings
at Fri, 27 Mar 2009 06:00:00 -0600
Thursday, March 19, 2009 - Optimism in Edmonton market
Optimism in Edmonton market The Calgary Herald – Saturday, March 7, 2009 It's the sweet smell of optimism. At a time when single-family home builders in the Edmonton area are fighting a lack of consumer interest--along with competition from resale housing--CMHC expects a slight increase in construction starts later this year. "Provided new home inventories decline in the months ahead, we remain optimistic that a modest uptick in single-detached starts should occur during the second half ...
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posted in News
at Thu, 19 Mar 2009 17:26:40 -0600
Thursday, March 19, 2009 - Banks begin to decline federal aid in first sign of recovery - Globe and Mail, March 17, 2009
Banks begin to decline federal aid in first sign of recovery - Globe and Mail, March 17, 2009 Credit conditions easing, banks no longer struggling to raise funds to make loans. Canadian banks are turning down some of the funding that the government is making available to them, a sign that they are recuperating from the financial crisis. The banks have stopped selling the government the full amount of mortgages they could under Ottawa's $125-billion mortgage purchase program, the centre piece ...
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posted in News
at Thu, 19 Mar 2009 09:55:18 -0600
Friday, March 13, 2009 - Edmonton Stats from March 1 to March 13, 2009
MLS® Daily MTD Activity for March 2009 Value of Solds Sold Units Average Sold Price New Listings Active Listings RESIDENTIAL Single Family(House) 122,974,988 353 348,371 753 4,376 Single Family(Condo) 36,084,237 153 235,844 371 2,575 Residential(Other) 8,793,400 34 258,629 ...
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posted in General
at Fri, 13 Mar 2009 18:27:58 -0600
Friday, March 13, 2009 - Increase in home sales brings hope
Increase in home sales brings hope The Calgary Sun – Tuesday, March 3, 2009 A bright ray of optimism has pierced the leaden clouds that were hanging over Calgary's real estate market early this year. Sales of single-family homes increased 50% to 825 units in February compared to January, show figures released by the Calgary Real Estate Board. Condominium sales rose 52% to 334 units during the same period. But despite the more brisk pace, activity and prices in Calgary's real estate marke ...
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posted in News
at Fri, 13 Mar 2009 18:20:52 -0600
Friday, March 13, 2009 - Just Sold #313, 10770-Winterburn Road
Conditions have been satisfied, the property located at #313, 10770-Winterburn Road has been SOLD. This mobiole was nicelly renivated and had a very private backyard. Mobile homes offer an affordable option to those buyers who have limited funds, with specific needs and requirements. Where alse can you buy a 3 bedroom home with a private, fenced backyard all within city limits and under $ 100,000 This maybe a great option for many who don't want to rent, but financing maybe a challange as bank ...
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posted in Listings
at Fri, 13 Mar 2009 18:12:01 -0600
Friday, March 13, 2009 - Another Leaky Basement
Another Leaky Basement Cases regarding leaky basements are quite common. In this case, the new owner was not successful in claiming damages against the former owner. A summary of the law in this area: Where there is a hidden or latent defect, the new owner may have a claim against the previous owner. However, it is up to the new owner to prove the previous owner knew about the defect or problem. The seller has a duty to disclose known defects that are hidden or latent. Failure to do so consti ...
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posted in General
at Fri, 13 Mar 2009 18:06:29 -0600
Friday, March 13, 2009 - You can outsell a FSBO (Part 2)
Realtors outsell a FSBO (Part 2) Who offers the most choice? There are over 7,000 homes listed for sale in Edmonton on the MLS®. With over 1,000 sales a month that is a six month supply. And over 2,400 more homes are listed each month. The REALTOR® can keep up because MLXchange is updated every three minutes and lists all homes currently available for sale through the Edmonton and Calgary MLS®. The average home is on the MLS® for less than 70 days and many properties sell in less than a month ...
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posted in General
at Fri, 13 Mar 2009 18:04:24 -0600
Friday, March 13, 2009 - Local housing prices continue to slide while sales rise
Local housing prices continue to slide while sales rise The average price of most types of residential property slipped down a notch in February after a short rally in January. Sales numbers climbed across the 1,000-unit threshold for the first time since October but are still below the same month sales for last year. “It is a typical pattern that sales activity picks up as we move into spring,” said Charlie Ponde, president of the REALTORS® Association. “Listing activity al ...
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posted in News
at Fri, 13 Mar 2009 18:02:04 -0600
Friday, March 13, 2009 - Just Sold - E3173601
Just sold this listing: "Looking for affordable living with all the amenities and security of a mature family neighborhood.Open design livingroom painted in modern colors,overhead display shelves and bay window.Upgraded bright kitchen is loaded with white cabinets,central prep island,and plenty of space for a full size family dinner table.Total of 3 generous bedrooms plus 1 den,provide plenty of space for a growing family.Master bedroom has french glass door and mirror closet doors. Spacious ba ...
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posted in Listings
at Fri, 13 Mar 2009 06:00:00 -0600
Thursday, March 12, 2009 - First-time buyers driving real estate market
MISSISSAUGA First-time homebuyers are being lured into the real estate market by falling prices, lower interest rates, more selection and new government incentives, a new report says. Preliminary figures show house sales were up in February, after a terrible January, driven by more first-time buyers entering the market, the ReMax real estate company said yesterday. ReMax said lower prices and record low lending rates are prompting many first-time buyers to "get off the fence, out of rental, a ...
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posted in News
at Thu, 12 Mar 2009 23:27:40 -0600
Monday, March 9, 2009 - Two Strongest Provinces
Hot Topics in Economics
Regular short commentaries from our economics team. Canada’s New Economic Powerhouse Mario Lefebvre Director Centre for Municipal Studies Let me tell you one of the most incredible Canadian economic success stories of the past decade. I like to think that the economists of The Conference Board of Canada have an enviable reputation. Yet, if any one of us had predicted what could potentially unfold in 2009, I strongly believe that our credibility would have been ...
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posted in General
at Mon, 09 Mar 2009 16:52:02 -0600
Thursday, March 5, 2009 - Homebuyers winners in council tax fight; Land Transfer Tax Defeated The Calgary Herald ? Saturday, F
Homebuyers winners in council tax fight; Land Transfer Tax Defeated
The Calgary Herald – Saturday, February 28, 2009 Calgary city council has narrowly defeated a proposal that would have seen a land transfer tax imposed on everyone selling their home. In a letter to the mayor and aldermen prior to the recent vote by council, the Calgary Real Estate Board and the Alberta Real Estate Association called the tax unfair. "It is essentially a home buyers’ tax and singles out a select grou ...
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posted in News
at Thu, 05 Mar 2009 23:42:32 -0700
Thursday, March 5, 2009 - Increase in home sales brings hope The Calgary Sun ? Tuesday, March 3, 2009 A bright ray of optimis
Increase in home sales brings hope
The Calgary Sun – Tuesday, March 3, 2009 A bright ray of optimism has pierced the leaden clouds that were hanging over Calgary's real estate market early this year. Sales of single-family homes increased 50% to 825 units in February compared to January, show figures released by the Calgary Real Estate Board. Condominium sales rose 52% to 334 units during the same period. But despite the more brisk pace, activity and prices in Calgary's real estate marke ...
Full Article...
posted in News
at Thu, 05 Mar 2009 23:40:33 -0700
Thursday, March 5, 2009 - New Risk Based Score Breaks the Trust of Consumers Equifax, Experian and Transunion have begun li
New Risk Based Score Breaks the Trust of Consumers
Equifax, Experian and Transunion have begun limited marketing of a new consumer credit scoring algorithm to Risk Based Lenders. According to David Rubinger of Equifax, the planned nationwide rollout to Risk Based Lenders is scheduled for July, and will be followed, approximately 9 months later, with the public disclosure of these scores to consumers. An algorithm is a mathematical formula that is written to assign value to specific data in or ...
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posted in News
at Thu, 05 Mar 2009 23:21:57 -0700
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