Last week in Red Deer real estate was a bit slower than the previous week but still a solid performer.
Weekly Stats
# Listings
# Sales
# Pending Sales
Jan. 25-Feb. 01
67
21
19
Feb. 2-Feb. 8
90
27
22
Feb. 9-Feb. 15
70
35
29
Feb. 16-Feb. 22
52
23
24
Pending ...
Posted by Patrick Galesloot
on February 25, 2009
Now there's a question I hear everyday! Surprisingly lately the answer has been yes. First half of Feb (according to the Red Deer Real Estate Board stats) show that sales for the month are already equal to sales for the entire month of January, (62 properties in Jan - 62 in first half of Feb.)
This doesn't mean prices are going up, but it does mean that people have confidence enough in the future ...
Posted by Richard Pochylko
on February 23, 2009
Today is a prime market for buyers to buy a home in Red Deer.
- We have roughly 553 homes on the market. What does this mean to buyers? It means that you have a large selection of homes that you can choose from, and possibly more bargaining power.
- Interest Rates are Low. Regional Mortgage Corporation had a posted 5 year term rate of 4.19% I believe that rates will eventually raise. Buy now ...
Posted by Tara Devereaux
on February 23, 2009
Weekly Sales numbers in Red Deer, AB. jump 30% from the previous week.
Weekly Stats
# Listings
# Sales
Dec.29/08-Jan. 4/09
14
7
Jan. 5-Jan. 11
47
11
Jan. 12-Jan. 18
69
7
Jan. 19-Jan. 25
63
23
Jan. 25-Feb. 01
67
21
Feb. 2-Feb. 8
90
27
Feb. ...
Posted by Patrick Galesloot
on February 18, 2009
Why is it in a buyers market, buyers are reluctant to buy? And in a sellers market when it was the most difficult time to buy value in Real Estate they were buying like crazy! No one can predict when the market has hit the bottom, but people who buy during a buyers market are smart! They make a decision by asking themselves "has the market dropped enough to make this a good purchase?" The answer to ...
Posted by Janice Resch
on February 18, 2009
Recently we have seen a few more bank owned and court ordered sales on the market. I went through all of the listings in Red Deer and today there were 9 actives that would fall into this category. Many people that I have talked to lately are under the impression that we have many foreclosures on the market and this simply is not the case. It is not very likely that we will see foreclosure ...
Posted by The Walper Team
on February 16, 2009
Is now the right time to buy with the market the way it is ? The answer is yes , house prices are down from a couple of years ago, so if you are not planing on selling soon its a great time to buy. Mortgage rates are the lowest they have been in years , banks are giving incentives and there is a large number of homes to chose from.
Posted by Gabor Horvath
on February 13, 2009
Century 21 Advantage is the only real estate company in Red Der that offers Air Miles when you buy or sell.
In addition to our regular promotion of giving away 10,000 Air Miles after every 100 sales you can also get Air Miles Bonus Miles.
Earn 121 Bonus AIR MILES reward miles when you buy or sell a property through CENTURY 21!
Click here to view coupon.Exclusive for AIR MILES GOLD® Collectors
Exclusive ...
Posted by Patrick Galesloot
on February 12, 2009
So, there has been a lot of conflicting information in the media recently from recession talk, financial markets and strength of banks, and the housing market. This has made it very difficult to come up with any kind of game plan in order to prosper in these changing times. I think it is very important that we take a step back and look at the broader picture so that we can position ...
Posted by The Walper Team
on February 12, 2009
It has been brought to my attention that someone thought I was questioning people's Patriotism by stating "so be a good Canadian and buy a Home"... in my last blog. Well if you're thinking of patriotism in the manner of our soldiers abroad...you are stretching things a bit far, but if you mean "what can I do to help my country"...then maybe you're right.
No doubt these are scary economic times. ...
Posted by Richard Pochylko
on February 10, 2009