Just before supper time a storm system rolled through Penhold AB.
As the saying goes, if you don't like the weather wait 5 minutes.
Central Alberta, Red Deer area, has great summer weather. It doesn't normally heat up above 30C very often, and it cools down to a comfortable level at night. Air conditioning units are not very common in our area. Many ...
Posted by Patrick Galesloot
on June 15, 2009
Last week in real estate was a busy week. Sales increased, pending sales increased, and new listings slowed down just a bit. It ads up to a good week.
Overall sales numbers continue the April trend that saw us mirror the sales results of 2006. With interest rates continued to be fore-casted at record lows, and oil prices steadily climbing, the so called spring fling market blip is turning out ...
Posted by Patrick Galesloot
on May 26, 2009
Days on Market is a measure of sales typically an average number. A better measure may be the "median" rather than an "average". The average DOM for April sales was 44 days while the median DOM for April was 40 days. An indicator that buyer's are looking and buying at those listings that are "fresh" on the market. On the Red Deer MLS® system we have our housing data sorted ...
Posted by Patrick Galesloot
on May 17, 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
Spring clean your home office with safety, security, and peace of mind at our:
Spring ShredathonMay 2nd, 9 a.m. - 3 pmParkland Mall West Parking Lot Patrick and De Galesloot together with Century 21 Advantage want to protect your identity, and clean up your home office.
Everyone has information that needs to be disposed of in a safe, secure manner. Saturday May 2nd Century 21 Advantage and Merlin ...
Posted by Patrick Galesloot
on April 13, 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.
.
Red Deer MLS March Stats
New Listings
Sales
.
2009
283
123
.
2008
394
168
.
2007
311
234
.
2006
187
161
.
2005
212
160
.
2004
227
145
.
2003
174
93
.
2002
113
93
.
2001
146
87
.
2000
164
99
Presently ...
Posted by Patrick Galesloot
on April 4, 2009
Spring has sprung, well mostly it has sprung, OK it should be springing any moment.
It's time to start looking at houses if you are planning a move this spring or early summer.
Century 21 Advantage is hosting April is Open House Month.
From LOGOS
Come in and talk to one of our associates during an open house in the month of April and you could win 2,100 Air Miles!! ...
Posted by Patrick Galesloot
on March 31, 2009
Electricity consumption in Red Deer was down 2.5 per cent thanks to Red Deer citizens who heard the Earth Hour call, powered down and turned off their lights from 8:30 to 9:30 p.m. on Saturday.
Red Deer citizens helped save 8,800 kWh of electricity, which is enough energy to run The City's entire traffic light system continuously for five days. They helped save enough energy to run four cars for one ...
Posted by Patrick Galesloot
on March 30, 2009
Last week in real estate was another steady week. Friday was a highlight on the financing front when it was annouced by mortgage brokers the 5 year rate was available at 3.99%.
Yes 5 year mortgage at 3.99%!! Wow record low rates combined with excellent selection and buyer negotiating ability makes for an ideal time to buy real estate. Today I spoke with Scott at Regional Mortgagevia ...
Posted by Patrick Galesloot
on March 24, 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