Number of Active Residential MLS® Listings in Red Deer?
402 compared to 570 same time last year.
Red Deer residential MLS® Sales for March 2012 so far compared to March 2011?
84 March to date versus 76 in March 2011. Year to date sales volume numbers are 15% higher than last year
Searching for a home then make sure you try us out at:
http://www.century21.ca/advantage/Search/advantage
Posted by Patrick Galesloot
on March 16, 2012
Real Estate Sales reporting by agents is often based on their personal experiences, and "feelings". It's quite common that you'll talk to a real estate agent and they will say things like "It feels like it;s getting busier out there".
I'm sure I can fine anecdotal evidence and quotes from several real estate agents to support "busier market" statements. The question is are these factual ...
Posted by Patrick Galesloot
on March 8, 2012
2011 has been a transition year for sure. Coming off of string buyer market conditions we are beginning to see signs of balanced market conditions. However we're not fully there yet. Not all price ranges are displaying the same market conditions and regionally the hyper local real estate markets are vastly different. For now ...
Posted by Patrick Galesloot
on December 6, 2011
November 2011 is seasonally a slower month. Typically residential MLS sales volume for Red Deer declines as we get closer to Christmas. Majority of people seem to be content with being settled for Christmas. However sales occur daily and monthly through out the year and November is no exception.
November 2011 Red Deer residential MLS sales sales volume was 11.5% higher than the ...
Posted by Patrick Galesloot
on December 4, 2011
It should be no secret that the busiest season in Red Deer real estate is April, May and June. The answer to the question then would be the second quarter of any given year, or is that merely the popular time and not necessarily the best time to move? 2011 closely resembles a typical Red Deer real estate sales trend: What makes the best time to move the best time? A number of ...
Posted by Patrick Galesloot
on November 14, 2011
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
One of the most common questions we get asked is "how's the market?".
That question always should be answered with a "it depends", because it truly does depend ion what market you're referring to. Red Deer is the largest Central Alberta Community but is surrounded by several other communities withing 30 km, such as Sylvan Lake.
Sylvan Lake is a great community and has a different market ...
Posted by Patrick Galesloot
on July 25, 2011
A steady start to 2011 and a stronger March to lead Red Deer real estate into the spring market.
Despite all of the cold weather, tons of snow Red Deer real estate MLS® statistics are pointing more and more towards a stronger 2011 and a balance stable market.
.
Red Deer Residential MLS®
March 2011
March 2010
% Change
.
Listings
232
321
-27.73%
. ...
Posted by Patrick Galesloot
on April 4, 2011
At the risk of being brutally blunt, the short answer to this question is "NO!"
With all the hype from the United States economy, the flipping house phenom isn't quite as lustrious as one may think. Watching a TV show on A&E about how a "house flipper" buys this amazing foreclosure deal, at an absolute song, fixes it up, makes a cool 20% (on the low end) on the house after expenses and ...
Posted by Wes Giesbrecht
on March 24, 2011