During my time as a realtor, I’ve helped people find homes all throughout Edmonton. Over the years, I’ve discovered a simple way that property owners can increase their chances of selling their homes. 


Not only are more people exposed to the listing, but they’re also more interested in visiting the home. Buyers are willing to pay more because they consider the property to have a higher value. The best part of all? It is of no additional cost to you.

But what is this secret? It’s something that I do with every one of my clients: hire a professional photographer.

Why would a buyer step into your home if they don’t have a good understanding of what the place looks like? From my experience, one of the easiest ways sellers can differentiate their listings…

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Different mortgages are available depending on your situation. It’s important that both current and prospective homeowners realize the advantages and disadvantages of each type of loan. Today, we’ve outlined some of the major differences between two loans, open and closed.


Open Mortgage


This type of mortgage allows you to pay off the principal amount on your own schedule without facing any penalties.

For those who are self employed, own a business, or get paid at irregular intervals, this type of mortgage is the more appealing option. If you had a profitable year, you can choose to put that extra money towards the mortgage; it also allows you to use any funds you earn from your liquid assets (investments such as stocks and bonds) or non liquid…

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The latest Edmonton real estate market stats for February 2014 are in and showing quite a bit of promise. With an amazing 24% increase in home sold, buying season is getting an early (and strong) start this year.

There is no question that February was a busy month for realtors in the Edmonton area. Greg Steele, President of the REATLORS Association of Edmonton, echoed these sentiments while noting that spring is only beginning and we should look forward to higher sales this month and moving forward into 2014. This is great news if you are selling but also if you are buying as a slight increase in listings will provide some balance to the market and give buyers more options.

Check out some of the highlights from the Edmonton real estate stats for…

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Not too much is out of the ordinary for the Edmonton real estate market update for January 2014. With a 10% increase in sales from the previous month, it seems that we are breaking the post-Christmas sales slump tradition.

Price stability and more property available for sale this month has resulted in a more balanced market with buyers and sellers being given more time to consider all of their options for housing needs. The average days on market dropped nearly two weeks to 61 days (down from 73), which is even more impressive when you consider the fact that there have already been four property sales over $1 million this year already.  

Check out some of the highlights from the Edmonton real estate stats for January 2014 in the infographic below.

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Looking for the hottest up and coming Edmonton real estate for 2014?

Everyone knows that the way to get the best deals is to buy right before an area really takes off. I’m really excited about a few neighbourhoods in the Edmonton area that are seeing tons of redevelopment with extremely reasonable prices.

Whether you’re buying your first home or an investment property, I think you will want to take a look at these neighbourhoods.

Chris Proctor’s Top 5 Up & Coming Edmonton Neighbourhoods

1. Inglewood

There are many reasons more people are being attracted to Inglewood. Several schools, great sized lots and reasonable prices make Inglewood attractive for families. An influx of great cafes and restaurants has also contributed to Inglewood’s…

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Hopefully you had a great holiday and New Year. It looks like there is more good news for the Edmonton real estate market and surrounding areas as the Realtors Association of Edmonton has reported that in December 2013, sales of all residential MLS® property types are up almost 8% from last year. Very impressive!

Compared to the previous year’s 6.2% increase, we are seeing some great progress with signs of a very robust local housing market.

A strong labour force combined with declining mortgage rates and price stability drove higher sales for the Edmonton real estate market in 2013. Value-focused and first time buyers have been gravitating towards the condo market or into slightly higher priced homes due to a shortage of low-priced homes.  

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statistics_305According to the latest market report from REALTORS® Association of Edmonton, the average selling price of a home in Edmonton climbed 2.2% to $335,187 in the first three months of this year, compared to $328,094 during the first three months of 2011.

“Other markets, such as Toronto, are reporting feverish real estate activity involving multiple offers and unconditional offers but our market is calm, orderly and slowly evolving,” commented Doug Singleton, President of the REALTORS® Association of Edmonton. “Listing activity is up when compared to last year but sales and inventory are down which could indicate that market activity will pick up markedly as the summer progresses.”

Other Edmonton housing statistics for March were:

  • A 23.5% surge in…

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stats_305As reported by the REALTORS® Association of Edmonton, Edmonton housing prices in February rose somewhat significantly in February compared to the previous month, and even higher when compared to the same period last year. Specifically, February sales rose 3.7% vs. January and 5.7% vs. February/11, with the all-residential average at a rather lofty $329,911.

 “Average prices in February were higher than the year-long average price for last year,” commented Doug Singleton, president of the REALTORS® Association of Edmonton. “Buyers seem to have confidence and REALTOR® offices are reporting solid traffic. This is lifting prices up and they are already higher than at the same time in the past two years.”

Other key statistics from February also point to…

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stats_340As reported by the Realtors Association of Edmonton, housing prices in January followed a “business as usual” pattern for this time of year: slightly lower prices than December, and about the same volume.

“We are predicting a slow but steady growth pattern for the market in 2012 and, as usual, this year started off slowly but is already showing signs of strength as we roll into spring,” commented Doug Singleton, President of the REALTORS® Association of Edmonton. “Listing and sales activity is up markedly as compared to a year ago. Listings in January as compared to December are up over 126%.”

In terms of specific numbers for January:

  • The average price of a single family detached (SFD) home dropped 1.1% from the previous month to $362,926, but…

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st_357As reported by the Edmonton Journal, last month Edmonton home sales jumped a healthy 7.6% compared to a year ago, according to the Realtors Association of Edmonton. In total, the June housing market saw 54% of listed homes sell for a total of $584 million (1,768 sales; 3,260 listings).

A couple of key factors behind this boost in sales are, of course, the hot Alberta economy and those good ol’ historically low interest rates – which make home ownership a reality for many people, especially first time home owners and former renters. 

However, another factor that is boosting home sales appears to be a slight dip in average selling prices, which further makes ownership affordable and attractive. The average price for a single family home fell 2.86% in…

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