We finished 2009, the end of the first decade of the "New Millennium". This month we've been busy returning to work focusing on new goals for the new Year. At Century 21 Advantage we have also been preparing for our kick off meeting. This is the meeting where we present tips, tools and information to our associates so that they can better serve your real estate needs. This year ...
Posted by Patrick Galesloot
on January 23, 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
June 2009 was a busy month for MLS® sales in Red Deer. The Central Alberta REALTORs® Association (CARA)recorded 213 sales for June 2009 which exceed 2008 sales number 213.
So the market is busier for sales than last year, it is good news but premature for a celebration. It is still quite competitive if you are selling. We have been carrying inventory ...
Posted by Patrick Galesloot
on July 6, 2009
April Continues to improve upon February and March numbers.
The warm spring weather combined with low interest rates are certainly bring out the buyers. Reports from our associates hosting open houses is that the open houses are busy. All that extra traffic has turned into sales for sellers. The number of sales so far for the month of April is at 162 sales in Red ...
Posted by Patrick Galesloot
on April 28, 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
A busy few days kept me from updating on how February ended in Red Deer. It ended on a positive note. After experiencing a few months of sluggish sales we experienced an increase over January.
The bulk of the activity is occurring in the $250 - $350,000 range. The activity that occurred in January in that range probably pushed the wave up into higher ranges for February. ...
Posted by Patrick Galesloot
on March 8, 2009
Numbers for the local real estate market here in Red Deer, were recently released. Despite a global economic freak-out on a local level real estate remains stable over all. The weekly sales volume reacting to media, but overall we're experiencing a consistent trend.
Compared to a year ago September sales have been good, but 2008 has more spikes. Possible media connection with the ...
Posted by Patrick Galesloot
on October 10, 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
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
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