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Red Deer getting Greener

Red Deer is divided by the Red Deer River which creates a lush attractive parkland community. Not to sit by and let this precious resource by squandered. The City of Red Deer recently approved measures to conserve water. Council moved the following bylaws this week. "That Bylaw 3215/B-2008 be read a first time. (Proposed amendment to the Utility Bylaw. Requirement for Low Flow Plumbing Fixtures for ...

More drops in the Interest rates, benefits who??

Today the Bank of Canada announced yet another decrease in interest rates. A significant cut from 3.5% to 3.0%. The last time the Bank of Canada dropped rates by 1% in the same short time frame (6 weeks) was back in 2001. The Bank of Canada indicates that they are doing so in response to economic indicators primarily from the US economy. From the Bank of Canada Press Release: "The Bank is now projecting ...

Credit Cards, the free gift effect

We walk by those "Enroll now and get a free gift" credit card tables all the time. Have you given any thought to...  If I have all those department store cards, how does that affect me? Does this "potential" debt capacity matter? What if I never use them? I just signed up to get the free Hockey Jersey or other "Free Gift".The question back to you or I is, are you using them? Are you carrying ...

April is Open House Month

Spring has sprung and it's time to look at houses.  Stop into one of our Open Houses and you could win 1,000 Air Miles. Every week we'll be updating our web site with dates, times and locations for our weekly hosted Open Houses.  You can also see them displayed in our ad in the weekly "Your House Your Home" real estate magazine. Stop in and have a look at these ...
Tags: Air Miles

Market review first quarter 2008

Welcome to April! The beginning of spring for most of us March still feels like winter despite the first day of spring. How are we doing real estate wise? Is the market up or down? What can I expect? You can expect more of the same for Red Deer. For the most part sale prices have levelled off. The median sale price has been static at $325,000 with the exception of the last few weeks which saw ...