Have we seen the bottom?
This past week has been interesting. The Canadian dollar soared 7 cents to over 91 cents US. Gas prices went up almost 7 cents per litre since Wednesday. I just read an article talking about a very active bond market. Now mortgage rates are on the rise to 3.79% from 3.55%. Is this the end of low rates? I would think by July we will be above 4% and steady. I can not see our ...
Posted by Ken Devoe
on May 30, 2009
Open Houses for Saturday May 30, 2009
229, 54 Bell Street
Hosted by:
Patrick Galesloot
2:00-4:00pm
29 Excell Street
Hosted by:
De Galesloot
2:00-4:00pm
522 Wishart Street
Hosted by:
Dave Haley
2:00-4:00pm
82 Nichols Crescent
Hosted by:
The Walper Team
2:00-4:00pm
5308 43 Avenue
Hosted by:
The Walper Team
2:00-4:00pm
126 Jaspar Crescent
Hosted by:
The ...
Posted by Sandra Miller
on May 26, 2009
Last week in real estate was a busy week. Sales increased, pending sales increased, and new listings slowed down just a bit. It ads up to a good week.
Overall sales numbers continue the April trend that saw us mirror the sales results of 2006. With interest rates continued to be fore-casted at record lows, and oil prices steadily climbing, the so called spring fling market blip is turning out ...
Posted by Patrick Galesloot
on May 26, 2009
Open Houses for Saturday May 23, 2009
149 Reichley Street
Hosted by:
Dave Haley
2:00-4:00pm
249, 56 Holmes Street
Hosted by:
Cody Davies
2:00-4:00pm
26 Campbell Crescent
Hosted by:
Mel Klassen
1:00-3:00pm
6216 Galbraith Street
Hosted by:
Tim McRae
11:00am-1:00pm
4220 37 Street
Hosted by:
Tim McRae
2:00-4:00pm
479 Wishart Street
Hosted by:
Hilary ...
Posted by Sandra Miller
on May 22, 2009
Days on Market is a measure of sales typically an average number. A better measure may be the "median" rather than an "average". The average DOM for April sales was 44 days while the median DOM for April was 40 days. An indicator that buyer's are looking and buying at those listings that are "fresh" on the market. On the Red Deer MLS® system we have our housing data sorted ...
Posted by Patrick Galesloot
on May 17, 2009
One of the more frequently asked questions I and my peers receive is "How long has it been on the market?", and another is "how long will it take to sell my home?". Both questions essentially centered around "days on market" (DOM). Days on Market (DOM) is reported on sold properties, and not often calculated on active properties. The days on market for active properties can be influenced ...
Posted by Patrick Galesloot
on May 16, 2009
Open Houses for Saturday May 16, 2009
4220 37 Street
Hosted by:
Tim McRae
2:00-4:00pm
34 Inglis Crescent
Hosted by:
Brenda Bowness
2:00-4:00pm
141 Dempsey Street
Hosted by:
Milena Toncheva
2:00-4:00pm
149 Reichley Street
Hosted by:
Dave Haley
2:00-4:00pm
Out of Town Open Houses for Saturday May 16, 2009
Open Houses for Sunday May 17, 2009
115 ...
Posted by Sandra Miller
on May 15, 2009
Just in time for the long weekend, Stats.
As you can see, the market is looking up. All in all there has been lots of activity. Busy open houses, and lots of buyers taking advantage of the record low interest rates. The spring like conditions are also bringing more would be sellers to market. New listings increased by 31% form the week before, while sales increased 16%. ...
Posted by Patrick Galesloot
on May 13, 2009
Our most active price range for April was the $250,000-$300,000 range. There were 43 sales for the month. The $200,000-$250,000 and the $300,000-$350,000 range were the next two most active price ranges with 30-31 sales each for the month of April. Our higher end $600,000 plus had an increase in sales from 1 sale in January, February and March to 3 sales in April alone. The average days on market ...
Posted by Tara Devereaux
on May 13, 2009
Moving from one house to another is always a challenge, but it doesn't have to be a nightmare. Here are some simple tips on how to get it done with minimal stress and strain.
Look at all the alternatives: hiring a moving company, for example, versus renting a truck and doing it yourself. Whichever alternative makes most sense for you, get bids from more than one vendor.
A few days before ...
Posted by Patrick Galesloot
on May 9, 2009