Edmonton Real Estate Blog - edmonton

Edmonton Real Estate Market Update For January 2014

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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Edmonton Scores High on Nationwide “Livability” List

While our Oilers may not be making the playoffs (again…sigh) and the Eskimos haven’t had a parade in more years than I’d care to remember, there’s one place where Edmonton is doing extraordinarily well – and that’s on the MoneySense “livability” list.

Of course, it’s NO surprise to me that Edmonton has solidified 8th spot on the list of Canada’s Best Places to Live – ahead of Toronto, Vancouver, Regina, Montreal and – wait for it…Calgary!

Edmonton has always been a world class city and home of the friendliest people I’ve ever come across. And while I have no doubt we’ll climb our way up the ladder and reach number one (a spot currently held by Ottawa-Gatineau), I think 8th place is a fine showing. 

So what, you may ask, qualifies a city to make…

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Choosing the RIGHT Neighbourhood for your next Edmonton Home

When buying a home in Edmonton, obviously you’ll be looking at key details like square footage, price and condition. However, just as important to your home buying decision is the neighbourhood.

Now, everyone who knows me knows that I love Edmonton, and there are “gems” (some of them hidden) in every neighbourhood. So I’m not suggesting here that one area is necessarily better than another. It all depends on your unique needs, lifestyle, and future plans.

However, when it comes to choosing the right neighbourhood for your next home – which, again, is the neighbourhood that is RIGHT for you –here are some important things to pay attention to:

Schools: Many families narrow down their home search by focusing on school districts, and seeing what…

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REALTORS Association of Edmonton President Predicts Market Stability in 2011

At the beginning of a new year, it’s always fun to play “what might happen in the 12 months ahead?” and then see, in time, if you were right.

But there are instances where correctly guessing trends is more than fun – it’s fantastic – and incorrectly guessing them is…well, not fantastic. In fact, it can be really lousy.

One such instance is trying to get a handle on the Edmonton real estate market. Frankly, when it comes to either buying or selling, you really don’t want to be on the wrong side of any trend – because it can cost you tens of thousands of dollars, not to mention add all kinds of stress to your life.

Fortunately, there are experts who have the knowledge, credentials and experience to help Edmonton home buyers and sellers prepare for…

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