Canadian Finance Minster, Flaherty, announced three changes to the rules for government-backed insured mortgages, designed to prevent the kind of problems that caused the U.S. housing market to collapse, triggering the global financial crisis.
The changes are:
When applying for a mortgage you must qualify for a 5-year fixed rate mortgage, even if you are going to take a different rate or term.
When ...
Posted by Patrick Galesloot
on February 17, 2010
How's the market? Prices going up?
I hear those questions and many like them quite often. The real estate market in Red Deer is reportedly different than Calgary or Edmonton. Last week the numbers were:
Weekly Stats
# Listings
# Sales
# Pending Sales
# Price Changes
# Off Market
Net loss/gain
Active Single Family Listings
Total Active
Dec.28/09-Jan. ...
Posted by Patrick Galesloot
on February 11, 2010
Through a challenging economic and real estate year our Century 21 Advantage team performed exceptionally well. We are very proud and please to announce that Century 21 Advantage earned a place at this years retreat for the top 30 Century 21 Canada Offices' Chairman's Circle.
Our Office Earned the Following Awards:
Office Award
#21 Office by Production
Office Award
#15 ...
Posted by Patrick Galesloot
on February 5, 2010
When I think of 2010, I think of the movie "2010: The Year We Make Contact". Which prompted me to look up "odyssey" as I don't often use that term, perhaps you do.
According to Wikipedia "the word odyssey has come to refer to an epic voyage". So will real estate in Red Deer 2010 be an "epic voyage"? Was January the beginning of our epic voyage of real estate?
Red Deer MLS® Sales ...
Posted by Patrick Galesloot
on February 3, 2010
Last week marked the end of January 2010 and the end of another solid week in real estate for Red Deer in 2010.
Listing inventory climbed with more new listings coming on during that last week than the previous weeks however some of that was off set by sales and those that either expired or were cancelled. The data from the Central Alberta REALTORS® Association for the Red Deer MLS® ...
Posted by Patrick Galesloot
on February 2, 2010
Common questions we get as REALTORS often surround the deposit. The deposit that accompanies an offer to purchase can be one of the most crucial pieces of the contract, as well as one of the most confusing for some buyers and sellers.
How much do I need for a deposit?
When it comes to an offer there are two competing sides, one that wants as big of a deposit as possible, and the other wants ...
Posted by Patrick Galesloot
on January 29, 2010
Recently reported to you Red Deer Real Estate 2009 Market Update and Beyond
As mentioned we captured more data and presented to our associates recently so that they could better meet your real estate needs. If you have any questions on the real estate market and how your home is affected please feel free to contact one of our Century 21 Advantage associates.
Enjoy The Slideshare Below,
Red ...
Posted by Patrick Galesloot
on January 27, 2010
January weekly numbers so far for Red Deer MLS® real estate:
.
Week Ending
1/3/2010
1/10/2010
1/17/2010
1/24/2010
Change From Last Week
.
New Listings
18
68
49
60
11
.
New Sales
15
20
19
16
-3
.
Off Market
48
20
30
23
-7
.
Total ...
Posted by Patrick Galesloot
on January 25, 2010
We finished 2009, the end of the first decade of the "New Millennium". This month we've been busy returning to work focusing on new goals for the new Year. At Century 21 Advantage we have also been preparing for our kick off meeting. This is the meeting where we present tips, tools and information to our associates so that they can better serve your real estate needs. This year ...
Posted by Patrick Galesloot
on January 23, 2010
Here is my link:
http://onlineoffice.century21.ca/PublicStorage.c?ID=6cc84e08-93ec-438e-bd3e-45473d6a9811
Posted by Patrick Galesloot
on January 19, 2010