Patrick Galesloot

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4747 67 Street, Unit 905
Parkland Mall

Red Deer, ABT4N 6H3

Main: 403-346-0021 Fax: 403-342-1028
Cell: 403-357-9142 Toll Free: 888-346-5521
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Weekly Real Estate Update

Changing market over the past 7 weeks, and the change is not over.  With the financial markets in turmoil from the US credit crisis, an election called here in Canada, there is a lot of dynamics going on. For a detailed look at the market click here. This week marks one of the lowest inventory levels we have seen in a while with total properties for sale in Red Deer now totalling 597.  ...

Penhold Alberta, the place to invest in

Looking for a small town loaded with potential?  Penhold may just have what you are looking for. Penhold although small in stature is the only "bedroom" or "commuting city" with in 15 - 20 minutes of Red Deer that has experienced an increase in MLS sales volume.  The average sale price for real estate in Penhold has also experienced growth over 2007, not matched by Blackfalds or Sylvan ...

Red Deer Weekly Market Update

The bank of Canada decided to hold interest rates steady on September 3rd.  The department of Finance set a date with imposed restrictions on 40 year amortizations and the use of zero down.  The kids went back to school, and families settled into to back to school mode etc... So where are we now? The number of new listings began to cool off during the first two weeks of August, and this ...

August market in Red Deer

Back to school may be the most wonderful time of the year for those of us with kids.  The question is will it be the same for the real estate market? August turned out to be a mixed bag yet again.  The single family home sales were strong if you were priced right and not in a higher price point.  Town houses and duplexes are settling out into a good groove.  Apartment condos on the other hand not ...
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