Time of year for giving and it starts at the top. The past few years have been very good for Alberta. Recent announcements and plans released indicate that 2008 will also be a great year in Central Alberta. Both provincial and federal levels of government are workin with regional levels to improve the quality of life for us all. More money is being spent on infrastructure helping ...
Posted by Patrick Galesloot
on December 23, 2007
Penhold... The federal and provincial governments will jointly invest $6 million towards the construction of a multiplex recreation facility in the Town of Penhold.Bob Mills, Member of Parliament for Red Deer, on behalf of the Honourable Rona Ambrose, President of the Queen's Privy Council for Canada, Minister of Intergovernmental Affairs and Minister of Western Economic Diversification, and the Honourable ...
Posted by Patrick Galesloot
on December 23, 2007
Today we were fortunate to attend the Red Deer Chamber of Commerce Luncheon with guest speaker Don Drummond, SVP & Chief Economist with TD Bank. Don presented his follow up to "Canada's economic Tiger, the Calgary-Edmonton Corridor", to a full house. This time Don's economic report is aptly titled "The Tiger that Roared Across Alberta". You can view the entire report your ...
Posted by Patrick Galesloot
on November 29, 2007
With head lines indicating that the end is near, and that we're in a buyers market so look out for falling prices how can 2007 be the best year ever?
By the numbers it is. Volume of sales is up, the average sale price is up, and the economy is strong. This is what it looks like for 2007 in the city of Red Deer:
2006
YTD 2007
Average List Price
$252,791
$313,378
Average ...
Posted by Patrick Galesloot
on November 22, 2007
In fact it was another busy month for real estate in Red Deer. It was very similar to October 2006. There was a total of 100 Single family homes sold in October 2007 compared to 101 in 2006. The similarities continued with the average sale price. The average sale price for 2007 single family homes was $338,856 and in 2006 it was $333,138.
Our growth has slowed to a point where we've caught up to ourselves. ...
Posted by Patrick Galesloot
on November 2, 2007
The Red Deer Real Estate Board released their stats yesterday for September. A few of the highlights are:"BUYERS BENEFIT FROM BALANCED REAL ESTATE MARKET"FOR IMMEDIATE RELEASERed Deer – October 9, 2007 – Throughout Central Alberta homes continued to change hands at areasonable rate last month according to the MLS® figures released by the Red Deer & District RealEstate Board.Residential sales ...
Posted by Patrick Galesloot
on October 10, 2007
Recently I was having a conversation about the market with a few friends and
colleagues. Those that were not Realtors were asking about the so called
price decline in Listings. "How much do you think the market will fall?"
they asked me. I look at them and reply "fall?".
The market is competitive and yes there is pressure on price, and on the surface
it may seem like ...
Posted by Patrick Galesloot
on October 7, 2007
There is so much to see and do in Central Alberta in any season. Recently
I had an opportunity to take some time off with a few friends and enjoy a round
of golf. Sure there was a frost delay as there are in many areas across
Canada this time of year, but it was worth it. One of the joys of golfing
is enjoying the outdoors, and taking in the scenic views of a well cared for
course. ...
Posted by Patrick Galesloot
on October 6, 2007