How often have you heard that saying about real estate? Location, Location, Location.
The last few days I have been attending the Banff Western Connection Real Estate Conference and I've been thinking about "The Location". I just love Banff and coming here at all times of the year. I don't get to ski as near as often as I would like, but standing on top of the resorts here and ...
Posted by Patrick Galesloot
on January 29, 2011
Father's day weekend with Red Deer Kinsmen club means it is time for the Kinsmen Camp Out.
Every year the Red Deer Kinsmen get together for a camping weekend. The Red Deer Kinsmen is a social club made up of young men who raise money for the communities greatest needs. The largest and main fundraiser we do as a club id the Dream Home Lottery. The Dream Home campaign has grown to ...
Posted by Patrick Galesloot
on June 22, 2009
Yesterday AREA (the Alberta Real Estate Association) installed the board of directors for 2009. I'm pleased to announce that Janice Resch is one of them. Janice Resch is part owner of Century 21 Advantage, a company that has deep family roots for her. Janice has been active with the Red Deer Real Estate Board now called CARA (Central Alberta Realtors Association) for years and served ...
Posted by Patrick Galesloot
on January 29, 2009
AREA predicts decrease in prices and sales for real estate 2009
I'm in Banff today, at the Banff Western Connection Conference. A conference geared towards Realtors and Real Estate Associations from Western Canada. It is also open to Realtors from all over not just the western provinces. While it is not surprising that we are hearing a prediction regarding a decline in real estate as that has ...
Posted by Patrick Galesloot
on January 29, 2009
Weekly Stats # Listings # Sales # Price Changes Nov. 17-Nov. 23 44 26 60 Listings declined a little bit this past week, which is not a bad thing. We still have plenty of listings to choose from and from a selling standpoint it helps to get the ...
Posted by Patrick Galesloot
on November 24, 2008
It's been a busy few weeks in the financial markets, with constant attention to mortgages and credit. With strong economic environment in Alberta it can be hard to grasp or see the impact that these changes will have on the average home buyer or seller.
The changes:
Zero down is gone. This was announced to be phased out many weeks ago but the deadline is here. The description ...
Posted by Patrick Galesloot
on October 13, 2008
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 ...
Posted by Patrick Galesloot
on September 21, 2008
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 ...
Posted by Patrick Galesloot
on September 15, 2008
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 ...
Posted by Patrick Galesloot
on September 5, 2008
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