All numbers are based on the Central Alberta Real Estate Assocition - MLS Statistics.
Posted by Larrissa Kalyn
on September 10, 2009
In July our office saw an increase of activity. Sales doubled in July compared to the previous month. We saw alot more buyers and a slow down in listings.
The Canadian Real Estate Association said that 50,720 homes traded hands on the MLS in July which is 18.2% more than in July 2008. Provincially home sale activity has risen 14% from year-ago levels to reach the highest level ...
Posted by Larrissa Kalyn
on August 20, 2009
As of July 21, 2009 there was no change to rates at the Bank of Canada meeting.
In its statement yesterday the BoC said:
"Conditional on the outlook for inflation, the target overnight rate can be expected to remain at its current level until the end of the second quarter of 2010." (That suggests at least 11 more months of prime rate at 2.25%.)
"Stimulative monetary and fiscal ...
Posted by Larrissa Kalyn
on July 22, 2009
With a slower start to 2009 we are starting to see a rise in the market place this June. More qualified buyers are entering the market and they have the benefits of choosing between several different homes. We have also noted an increase in commercial inquiries in the Rocky Mountain House area. Typically an increase in commercial activity is a sign of bigger things to come. With more ...
Posted by Larrissa Kalyn
on June 17, 2009
Recently I have noticed a growing trend in our market place of out of area Realtors working the Country of Clearwater. Personally I have made the decision to best represent my clients by staying in my jurisdiction as well as recommended my fellow associates to do the same.
I have always prided myself on representing my clients to the best of my expertise. If there was an area I was unsure ...
Posted by Larrissa Kalyn
on May 20, 2009
Join the Rocky Mountain House Relay For Life Committee for a Kick Off Party Saturday, April 18 from 11 am to 2 pm at the Bauer's countrywide Home Furnishtings parking lot. It will be filled with a BBQ, yard sale, bake sale, head shave and other fun activities with proceeds going toward the Canadian Cancer Society.
Relay For Life event sponsor, Century 21 Westcountry Realty, will host a fundraising ...
Posted by Larrissa Kalyn
on April 16, 2009
When the Prices are Down
When there is a Good Supply of Inventory
When Mortgage Money is Available
When the Mortgage Rates are Down
When You can Afford it
When You Need a Home
When You are Considering a "Move Up"
On a $200,000 Mortgage, Amortized over 25 Years, a 1% Change in the Interest Rate Equates to $121 per Month. (Comparing 7.0% to 6.0%)
Posted by Larrissa Kalyn
on March 13, 2009
We are Inundated with Fixation of the Media to Concentrate their News Stories on Anything Negative. The Continuous & Relentless Huge Headlines and Cover Stories on Lost Jobs, Foreclosures, Shut Downs and Bankruptcies have made even those Unaffected, Scared. Yet, they (the Media) Do Not Seem to Focus on things like the Lowest Interest Rates in History, the Strength of the Canadian Banks, the Opportunities ...
Posted by Larrissa Kalyn
on March 13, 2009
Town of Rocky Mountain House - MLS
#of Single Family Detached Sold by Quarter
The real estate market follows natural highs and lows based on season as illustrated above.When comparing the total sales of 2008 to the historical data back to 2005 you can see very small fluctuations from one year to the next.
Town of Rocky Mountain House - MLS -
# of Single Family Detached Sold by Year ...
Posted by Larrissa Kalyn
on March 13, 2009
Fact is, we will only know when the Market has Bottomed Out (from a Price View), when it is Going Back UP again.
Currently, there is More Supply than Demand
When the Economy Does Improve, so Will the Housing Market
...
Posted by Larrissa Kalyn
on March 12, 2009