Red Deer Real Estate Blog

Real Estate information, market updates and news from Red Deer Alberta and surrounding area.

Browsing Posts published in August, 2008

A hot Sunday drive, solution for beating the heat….
Red Deer River at the Joffre Bridge 3
Water:
Joffre Bridge
Thankfully we have a river running through Red Deer which also bears the same name the “Red Deer River”
Joffre Bridge 2
This particular spot is on highway 11 east towards Joffre.  It’s a popular spot for fishing and features several pic nic tables and walking trails.  A short 5 minutes from the eastern edge of Red Deer.

Patrick Galesloot

Red Deer County Fire Hall #1:

 

Located on the intersection of 40th ave and Delburne road.  Full moon tonight, looked great so I treid to capture the moment.  Full moon not a brilliant as I viewd but still looks neat.

All areas are not equal in everyone’s own mind are they?  We all look at houses differently and see benefits of the house and neighborhood that we choose differently than others.  Sure there are commonalities that come up and we cross paths from time to time, but the reason we buy and sell our home is strictly our own.  Why is Anders on The lake full of the peopel that live there? and why didn’t they choose to live in The Pines?

I enjoy the nuances and characteristics of each area.  Spend some time and drive around.  Let me know what area you live in and why as well as what area you think would be great to move into if the opportunity rises.  Would it be Anders?

Backing on the lake?

Mountview?

Morrisroe?
St. Mary's Church 2

Or perhaps you would prefer an acreage with wide open spaces or that hobby farm to escape to?
Farm view

What ever you are looking for Red Deer has much to offer, take a tour, and have a look.  This could be the ideal time to move into that home you have always wanted rather than the home you had to buy.

Your Friend in Real Estate,

Patrick Galesloot.

Yesterday I drove to Innisfail to fill up my propane take so that I could BBQ supper.  It was a great day for a drive.  I took my daughter and my dog for a scenic tour.  Innisfail is 20 – 25 kms south of Red Deer, Penhold is the half way point between Red Deer and Innisfail.

Summer Fields

Many times we drive down the highways and really don’t stop to appreciate the open fields, and the scenes that make Central Alberta a great place to live.  Get off highway 2 (QE2) and take a detour thru some special spots.

Your Friend in Real Estate,

Patrick Galesloot

Penhold installed new garabage cans.

Attractive and handy for those poop bags from dog walkers and empty slush cups etc…  Always appreciated when facilities are nearby to eliminate litter.  Down with litter bugs and up with green.

Your Friend in Real Estate,

Patrick Galesloot

July 2008 turns up the sales volume. While not the busiest month in 2008, it certainly was busier than July 2007. Residential sales were up 22% over last year. This is a sharp contrast to previous months in 2008. This makes me wonder “why?”.

Is this rush related to changes coming early fall from finance Canada? Should be no secret to most of us by now that the Finance Department will stop guaranteeing 40-year and zero-down-payment mortgage loans starting Oct. 15.

How buyers finance their home is not data that we as Realtors file and keep on hand for tracking. All we can do is pool one another as to the frequency that we experience writing or viewing offers to purchase that indicate “zero” down or disclose that they are amortizing over 40 years. From a buyers representative perspective I am not sure that it would benefit the buyer to disclose every detail either. If some one is buying a home and their only amortization that will work for qualifying is 40 years that may raise concern for a seller’s representative.

Probably the best people to poll would be mortgage specialists and see how many closings occurred with 40 year amortizations and “zero” down and whether or not those numbers are above normal.

We should be looking closely at August. Will the trend continue or will a dip follow the rise that occurred in July.

Your Friend in Real Estate,

Patrick Galesloot.