What are absorption rates and why would you want to know about them?
Quite simply the absorption rate is a number shows the rate at which the inventory of homes for sale are being sold. A declining figure indicates people the inventory is decreasing as more homes are being sold than are coming onto the market. A rising absorption rate implies that there are more homes coming onto the market than ...
Posted by Patrick Galesloot
on October 7, 2011
End of September heralds in the fall market, and the closing of the third quarter for MLS® statistics. Here in Red Deer residential sales have been positive for year over year growth and the supply side, namely listings, has decreased year over year. When we started 2011 our expectations were for modest growth and a trend to a balanced market. With the economic conditions in Alberta ...
Posted by Patrick Galesloot
on October 6, 2011
Why Red Deer? Why not Red Deer!
Perfect location and delivers on that warm feeling of community despite its size. Sitting between Calgary and Edmonton, Red Deer is a quick trip to either city. And the mountains? Hop in the car and you can be hitting the slopes in a few hours.
Beautiful…did we mention beautiful? Red Deer has an AMAZING park system, bike paths, walking trails and green ...
Posted by Patrick Galesloot
on October 3, 2011