Tuesday the Alberta government released latest budget information for the province. Finance and Enterprise Minister Iris Evans released the province's First Quarter Update, showing a forecast surplus of $8.5 billion for 2008-09, $7 billion higher than predicted in Budget 2008.Higher-than-budgeted resource revenues will enable government to increase its savings this year and cover the full cost of ...
Posted by Patrick Galesloot
on August 27, 2008
Joffre is located 23 km northeast of Red Deer, Alberta. For most residents of the area, the petrochemical site and the bridge over the river are more synonymous to Joffre than the actual village. A few name changes over the years with the exception of the large NOVA Chemicals.
NOVA Chemicals' Joffre manufacturing facility lies just east of Red Deer, Alberta, and is the largest ethylene ...
Posted by Patrick Galesloot
on August 17, 2008
Morrisroe is a great family neighborhood in Red Deer, not just because it is close to schools, and parks but the character really shows. The house styles have a great variety, look and feel to them. Some of that may have been influenced by St. Mary's Catholic Church.
The church is an early work by Canadian architect Douglas Cardinal. The inspiration or centre focal point is the altar. ...
Posted by Patrick Galesloot
on August 13, 2008
With a resurgence in sales I asked the question "Why?".
Is this a result of the changes in 40 year mortgages and zero down purchases looming and people quickly using these while these options remain available?
Talking to a few mortgage associates the answer is "No". Scott at Regional Mortgage states that "It has been about the same for the 0 downs, but the use of the 40 year amortization has ...
Posted by Patrick Galesloot
on August 11, 2008
What area do you live in or want to buy in?
As you can see each area has their own characteristics. The above table shows the values for all housing types. The areas with higher number of townhouses, apartments etc... tend to have a lower average list price than say Oriole Park that is currently being developed so a lot of new homes are being built, listed and sold there pushing ...
Posted by Patrick Galesloot
on August 11, 2008
Looking for a home today has plenty of choices. Small towns or bedroom communities have lots of charm, character, and varied services and amenities. Central Alberta has much to offer.
Enjoy:
The tracks going north from Penhold to Red Deer.Small town charm within 10 - 15 minutes to the much larger Red Deer.
Your Friend in Real Estate,Patrick Galesloot
Posted by Patrick Galesloot
on August 9, 2008
July housing sales increased over last year by 22%. A dramatic change in the sales pattern for 2008 so far. Not enough to pull a reversal on what has transpired so far but an optimistic outlook for the fall perhaps. Total single-family home MLS sales for the month of July 2008 totaled 139. That was 22% more than the 114 sales reported in 2007 for single-family homes. House prices have remained ...
Posted by Patrick Galesloot
on August 6, 2008
Sylvan Lake is of the place to be for sunshine, and water fun.
I've been going there for years and witnessed the growth and development in the Town. Sylvan Lake in the summer is always fun with boating on the lake, playing in the water and beach, zooming down the slides at Wild Rapids, and of course walking in your bare feet ever so carefully to grab an ice cream at the Big Moo. Fortunately ...
Posted by Patrick Galesloot
on August 1, 2008