Patrick Galesloot

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4747 67 Street, Unit 905
Parkland Mall

Red Deer, ABT4N 6H3

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New Mortgage Rules For Home Buyers

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

This Week in Real Estate

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
Tags: Patrick Galesloot Real Estate Real Estate market Red Deer Red Deer Real Estate Market

Congratulations to our Century 21 Advantage Award Winners!

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

January 2010, The Beginning Of A Real Estate Odyssey In Red Deer?

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
Tags: Real Estate Real Estate market Red Deer Red Deer Real Estate Market

Red Deer Real Estate Last Week Ending January 31, 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
Tags: Real Estate Real Estate market Red Deer Red Deer Real Estate Market
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