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Tuesday, March 12, 2013 - Recognizing potential major expenses in a new home

***Recognizing potential major expenses in a new home***When you see a new home you like on the market, it's easy to get distractedby all the features you love ? the wrap-around backyard deck or thespacious rec room with plenty of space for entertaining. You just need tomake sure that in all that excitement you don?t overlook any expensivemaintenance issues that could be just around the corner.Nothing lasts forever. The major components of every home ? from thefurnace to the roof shingles ? ... Full Article...
posted in General at Tue, 12 Mar 2013 18:42:05 +0000

Thursday, December 2, 2010 - Housing prices soften as sales bump up

Edmonton, December 2, 2010: The average price of a single family detached property in the Edmonton area continued to soften in November. According to the REALTORS® Association of Edmonton, at $362,657, the average* SFD price was half a percent lower in November than it was in October. Compared to a year ago the price was down significantly by 2.5%. November condo prices also took one of the biggest drops this year with the average price down 2% to $229,603 month-over-month and just under 3% ... Full Article...
posted in News at Thu, 02 Dec 2010 22:44:35 +0000

Thursday, August 5, 2010 - Cooler prices in July are still up 1.5% from last year

Cooler prices in July are still up 1.5% from last year While the summer temperatures rose in July, housing prices cooled and prices for all types of residential properties dipped slightly according to figures released by the REALTORS® Association. Single family dwelling prices slid 3.1% while condo prices were down 1.5% and duplex/rowhouse prices dipped just less than one percent. The all-residential average price dropped just 1.7%. "The number of homes in the inventory is giving buyers' ...
posted in General at Thu, 05 Aug 2010 19:34:24 +0000

Monday, April 12, 2010 - How to avoid the most common buyer errors

Shopping for a new home is an emotional experience. It's also time consuming and comes with a myriad of details. Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. Their home purchase turns into an expensive process. These errors generally fall into three areas:Paying too muchLosing a dream home to another buyerBuying the wrong homeWhen you have a systematic plan before you shop, you will be sure to avoid these costly errors. Here are some tips ... Full Article...
posted in General at Mon, 12 Apr 2010 21:19:39 +0000

Monday, February 22, 2010 - **New mortgage rules to take effect April 19**

On February 16, Finance Minister Jim Flaherty announced new mortgage rules intended to help ensure homebuyers can handle their debt load when interest rates rise, as well as to slow down real estate speculation.  "There's no clear evidence of a housing bubble, but we're taking proactive, prudent and cautious steps today to help prevent one.  Our government is acting to help prevent Canadian households from getting overextended, and acting to help prevent some lenders from facilitating it," ...
posted in News at Mon, 22 Feb 2010 18:25:51 +0000

Thursday, February 4, 2010 - Housing prices remain stable in January: listing activity doubles

Housing prices remain stable in January: listing activity doubles Monthly StatisticsPlease note, we are currently reformatting our statistics package and will release the document later this week. Quarterly Statistics Edmonton, February 2, 2010: Single family homes sold through the Edmonton Multiple Listing Service® System sold on average for the same amount in January as at year-end while condominium prices dipped 2%. Month-to-month sales slowed by 6.8% as compared to December but the number ... Full Article...
posted in News at Thu, 04 Feb 2010 18:29:34 +0000

Wednesday, January 27, 2010 - MLS�® System activity for December 2009

MLS System activity for December 2009     Unit Sales Average Price   2009 2008 Change 2009 2008 Change Edmonton Residential 948 608 55.92% $319,200 $311,000 2.64% Total 1,066 693 53.82% $576,800 $313,700 83.87%   Calgary Residential 1,374 777 76.83% $394,300 $362,600 8.74% Total 1,454 824 76.46% $408,600 $393,100 3.94%   Fort McMurray Single ...
posted in News at Wed, 27 Jan 2010 21:01:24 +0000

Tuesday, January 19, 2010 - REALTORS�® predict stable housing market in 2010

REALTORS® predict stable housing market in 2010 Larry Westergard, President of the REALTORS® Association predicted a stable year ahead for the local housing market. REALTORS® expect sales figures, which have drooped in the last two years, will follow the trend established in the last half of 2009 and continue to climb. ?Edmonton has a robust economy and consumer confidence is high,? said Westergard. ?We anticipate sales of about 21,000 units in 2010 which is up 10.5% from the 19,000 residential ... Full Article...
posted in News at Tue, 19 Jan 2010 19:35:20 +0000

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