Edmonton Real Estate Blog - May, 2016

5 things the Proctor Team is looking forward to most this summer

Summer in Edmonton is one of the best places to be in the world. The River Valley blossoms and the city seems to come alive with people and events. In fact, Edmonton recently picked up the nickname of Canada’s Festival City due to all of the world-class events that take place here over the summer months. Here are the top five things we are most excited to do over the summer in Edmonton:

1. Free Will Shakespeare Festival

From June 21 – July 17 the Heritage Amphitheatre in Hawrelak Park is taken over by the works of William Shakespeare. This annual production is presented by the Freewill Shakespeare Players, a not-for-profit theatre group in Edmonton, which has been giving our city a taste of Shakespeare since 1989.

This year, the festival’s…

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Infographic: 6 MORE must-visit coffee spots in Edmonton.

Our first infographic "Six hidden gems in Edmonton's ever-growing coffee scene" was such a huge hit with local Edmontonians looking for hidden coffee gems around the city that we decided to make a second version. As I said in the first one, one of the telltale signs of a bustling city is its coffee scene, and the amount of locally sourced, fantastic coffee shops is rapidly expanding in Edmonton. Plus, the excitement around these new shops, and the encouragement from people who saw my first infographic, is great to see. 

So here is the second edition! Enjoy!

Enjoyed the infographic? Don't hesitate to let me know on my Twitter, Facebook, Contact page, or call me, Chris Proctor, at 780-709-0811, and perhaps we can talk real estate over a coffee at one…

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How To Navigate A Buyer's Market

There’s no doubt that it’s buyer’s market in Edmonton right now. All the signs are present: inventory is high, home builder ads are getting bigger (with more attractive offers!), and mortgage rates are low. Here is how to make the most of this market if you’re on the hunt for a new home, and if you’re selling – well, be sure to keep these seller’s tips in mind.

Buying a Home

1. Take the time to do your research on what you want in a home. Think about all the features you’re missing in your current home and the details you’d hope to include in your new place. Do your research on which areas of the city you are interested in, which neighbourhoods you prefer, and which amenities you would like to be near. Because there is more supply than demand at…

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Market update for the month of April: Inventory up, but prices stable!

Despite the rising inventory, and a “buyer’s market,” prices remain stable in April. This is great news for sellers who have been concerned with selling in this type of market. 

REALTORS® Association of Edmonton Chair Steve Segwick said, “Buyers continue to have a great selection of properties to choose from and sellers need to be competitive with their listings. Continued lack of significant movement in the average house price is a good signal that Edmonton’s economy is strong."

The average SFDH prices in Edmonton sold for $439,982, which was slightly up over March’s and April 2015’s sales price. Listing and sales volume were down for SFDH were down year-over-year, but up from the previous month. 

“New listings were slightly down in…

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