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
Always lots to do on a summer weekend, especially here in Central Alberta.
If you haven't had the opportunity you should look at the Tourism Red Deer's website The Alberta Sweet 16, 16 weekends of fun in Central Alberta from the May long weekend to Labour Day weekend, 2008. www.centralalbertaevents.com
This weekend you'll find information regarding the Wetaskiwin Air Show. Smoke, precision, ...
Posted by Patrick Galesloot
on July 25, 2008
Not your typical movie fare, but when it comes to new listings 2008, is a block buster of a year.
It wasn't that long ago we were in a heated seller's market, we only have to look as far back as 2006. Then we started transitioning out of that frenzy in 2007 to today's buyer's market. Each market has it's good points and bad depending on the side of the transactional fence you are sitting. For ...
Posted by Patrick Galesloot
on May 26, 2008
Good. Sales were down from record 2007 sales volume, but well above 2006 numbers. Here at Century 21 Advantage, we led the way with listings sold in Red Deer. Out of the 220 properties sold in April Century 21 Advantage sold 56 which is a little over 25%. How does this compare to what the market is like or what is every one else doing? Well today we see a total of 785 properties available in the ...
Posted by Patrick Galesloot
on May 8, 2008
Today the Bank of Canada announced yet another decrease in interest rates. A significant cut from 3.5% to 3.0%. The last time the Bank of Canada dropped rates by 1% in the same short time frame (6 weeks) was back in 2001. The Bank of Canada indicates that they are doing so in response to economic indicators primarily from the US economy. From the Bank of Canada Press Release: "The Bank is now projecting ...
Posted by Patrick Galesloot
on April 22, 2008
Some days yes, and some days no. What a weather roller coaster April has been. Today and the last few days we've returned to winter here in Alberta, and the lunch crowd was filled with excitement when the sun was shining a few hours ago. This morning on the way into the office approx 9:30 am Morning Parking Lot Looking out my office window this afternoon. What can possibly come from crappy ...
Posted by Patrick Galesloot
on April 21, 2008
When working with buyers the question will come up have you spoken with your bank about whether or not you are qualified for the price level you are shopping in? This can be a conversation that happens at one of our first meetings and really it should. The challenge can be the buyer may be reluctant to part with this information until they get to know us, or simply they just don't know.
The ...
Posted by Patrick Galesloot
on March 27, 2008
Here it is the day before Valentines day, and Penhold Real Estate appears to be as strong as ever. For those unfamiliar with Penhold, Penhold is located 14 kilometers south of Red Deer. Penhold is a growing community yet one who's growth has been slower than some of its neighbors. That is changing. For years now the north section has been tied up with a developer who was just slow to get things done. ...
Posted by Patrick Galesloot
on February 13, 2008
More of the same? Kind of, yes.December was a slow month in comparison to the other months in 2007. Sales of single family homes totaled 62 and in January we saw a modest increase up to 69 single family homes sold. Not a large numbers jump but still a 11.29% increase in sales. I wouldn't be surprised if I read a head line that indicated sales increase by 11%. That would not be an accurate reflection ...
Posted by Patrick Galesloot
on February 4, 2008
2007 over and were into business in 2008. The number of active listings has decreased to a more manageable level it would seem. Rather than the 400 + single family homes available for sale we are now at 310 Active properties today.December was a quiet month for many of us with those listings. With so many homes to choose form and a Christmas season that historically has people waiting till after ...
Posted by Patrick Galesloot
on January 24, 2008