Two comments or questions asked of us that we hear most often today:
"Is the market going down more?"
"I'm waiting for the prices to come down further"
Quite often people are surprised when I mention that houses are selling. I think too many people are listening to CNN or Canada Am, and getting national news or news from other regions mixed up with local news. The reality is yes ...
Posted by Patrick Galesloot
on March 20, 2009
March continues to roll along following the increase in volume that occurred in February.
Weekly Numbers:
We noticed a slow down in the number of listings coming on. This is a positive sign for sellers already on the market, they enjoy the decrease in competition. This is not a trend yet we shall continue to monitor the weekly movement as well as monthly.
March at a glance:
...
Posted by Patrick Galesloot
on March 18, 2009
Century 21 Advantage just sold last week:
6834 59 AVE unit 308
56 CARROLL CRES
5243 37 STREET
88 KEITH CLOSE
90 KEITH CLOSE
4102 44 STREET
243 LYONS CLOSE
40 IRON WOLF BLVD
64 MCKINLAY CRES
3524 44A AVE
11 WILEY CRESCENT
The market is moving, if you would like to get moving give us call we're now taking listings for the spring.
Century 21 Advantage
(403) 346-0021
Posted by Patrick Galesloot
on March 16, 2009
Normal Market may be an applicable descriptor for the month of February.
February 2009 recorded the 4th highest sales volume for single family homes when comparing to previous February sales volumes.
Recent years February Sales Volume:
Single Family Sales
February
2009
87
2008
115
2007
96
2006
122
2005
82
2004
84
2003
49
2002
64
2001
63 ...
Posted by Patrick Galesloot
on March 11, 2009
What a crazy weather week in Red Deer. On the Real Estate front not so crazy but steady.
The weather was terrible with a storm blowing in on the weekend, and we had highs and lows and bitter low temperatures. Despite that, listings were on the rise, and sales remain steady.
Click on the image to view larger and more clear. The number of listings increased from 67 new ...
Posted by Patrick Galesloot
on March 10, 2009
A busy few days kept me from updating on how February ended in Red Deer. It ended on a positive note. After experiencing a few months of sluggish sales we experienced an increase over January.
The bulk of the activity is occurring in the $250 - $350,000 range. The activity that occurred in January in that range probably pushed the wave up into higher ranges for February. ...
Posted by Patrick Galesloot
on March 8, 2009
February is over and March is coming in like a Lion today allowing time to catch up on stats and planning.
Sales increased as did the volume of listings from the previous week as indicated above. Sales activity increased by 28% from the week before. Expectations are that March will have more positive sales growth with the reduction in interest rates. Now lets hope mother nature ...
Posted by Patrick Galesloot
on March 5, 2009
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
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
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