Previously I blogged about sales and listings. What I didn't touch on in that post was expired. An Expired Listing or one that is now off market (not sold) is essentially an listing that was unsuccessful at well selling. Plain and simple they were for sale but never sold.
While sales numbers are significantly lower than last year and recent previous years, we are realizing ...
Posted by Patrick Galesloot
on August 25, 2010
October is truly a season of change with harvesting done or in final stages, snow appearing and disappearing, leaves turning, and houses on the move.
We've officially entered the 4th fiscal quarter for 2009. So how are we doing? A recent article in the Red Deer Advocate would have you believe that the market outlook is quite flat and bleak. This week we've experienced market news ...
Posted by Patrick Galesloot
on October 14, 2009
Our latest listing is in the Oriole Park West subdivision is Red Deer, 145 Oswald Close.
This fast growing area is conveneient to downtown, north Red Deer industrial areas, as well as close to highways 2 and11. This two storey home has more square footage than most, and you certainly feel that upon entry. For the complete listsing visit the property details page at www.145OswaldClose.com ...
Posted by Patrick Galesloot
on September 23, 2009
De and I listed 1640 Bouteiller Close for sale recently It's a family home in Penhold close to the Penhold school and nestled in a quiet cul de sac.
If you would like to see more of this home visit: www.1640BouteillerClose.com or call us for a viewing (403) 346-0021.
Penhold is a growing community just a short 10 minute drive from the south end of Red Deer. With ...
Posted by Patrick Galesloot
on August 6, 2009
Welcome to Summer!
Officially we marked the summer solstice(equinox) 2009 this past weekend. It is to early to say whether or not the peak of sales activity also aligns with the longest day of the year, historically the two are close. The kids in school are no in their last week, and Canada is one week away. July and August tend to be full of family vacations, and enjoying the short ...
Posted by Patrick Galesloot
on June 23, 2009
From Stats
The rush to sell is slowing down in Red Deer Alberta, and the real estate activity remains strong however the real story is the impact of supply and demand. The demand for housing is closer to 2004 levels today, and a mere 52% of the record demand of 2007.
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Red Deer MLS March Stats
New Listings
Sales
. ...
Posted by Patrick Galesloot
on April 4, 2009
Two comments or questions asked of us that we hear most often today:
"Is the market going down more?"
"I'm waiting for the prices to come down further"
Quite often people are surprised when I mention that houses are selling. I think too many people are listening to CNN or Canada Am, and getting national news or news from other regions mixed up with local news. The reality is yes ...
Posted by Patrick Galesloot
on March 20, 2009
What area do you live in or want to buy in?
As you can see each area has their own characteristics. The above table shows the values for all housing types. The areas with higher number of townhouses, apartments etc... tend to have a lower average list price than say Oriole Park that is currently being developed so a lot of new homes are being built, listed and sold there pushing ...
Posted by Patrick Galesloot
on August 11, 2008