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
It's October 1 and we've officially entered the last fiscal quarter for 2007. What an exciting year in real estate again. Dramatically different then 2006, and I can't wait to see how the rest of the year unfolds and 2008 begins.
Penhold historically has been somewhat quiet in comparison to the neighbors. 2007 is year best characterized as people on the ...
Posted by Patrick Galesloot
on October 1, 2007