Monthly Archives: May 2009

First Time Buyer Excitement

It’s always a thrill to be able to help first time home owners find their first home.  It always takes me back to when De and I found our first home.  We really didn’t know what was happening or what we were doing, and really kind of shocked to know we COULD own a house.  […]

Red Deer Real Estate, week ending May 24, 2009

Last week in real estate was a busy week. Sales increased, pending sales increased, and new listings slowed down just a bit. It ads up to a good week. Overall sales numbers continue the April trend that saw us mirror the sales results of 2006. With interest rates continued to be fore-casted at record lows, […]

Why do we need CMHC?

If you are getting a mortgage and putting less than 20% down on that home purchase you were required to get mortgage insurance.  This insurance is provided through two companies, one being CMHC. Who is CMHC? Canada Mortgage and Housing Corporation (CMHC) is Canada’s national housing agency. Established as a government-owned corporation in 1946 to address […]

What “Days on Market” doesn’t tell you.

Days on Market is a measure of sales typically an average number.  A better measure may be the “median” rather than an “average”.  The average DOM for April sales was 44 days while the median DOM for April was 40 days.  An indicator that buyer’s are looking and buying at those listings that are “fresh” […]

Red Deer Days on Market

One of the more frequently asked questions I and my peers receive is “How long has it been on the market?”, and another is “how long will it take to sell my home?”.  Both questions essentially centered around “days on market” (DOM).  Days on Market (DOM) is reported on sold properties, and not often calculated […]

Weekly Real Estate Check Up

Just in time for the long weekend, Stats. As you can see, the market is looking up.  All in all there has been lots of activity.  Busy open houses, and lots of buyers taking advantage of the record low interest rates.  The spring like conditions are also bringing more would be sellers to market.  New […]

A FEW EASY WAYS TO TAKE THE HEADACHE OUT OF MOVING

Moving from one house to another is always a challenge, but it doesn’t have to be a nightmare.  Here are some simple tips on how to get it done with minimal stress and strain. Look at all the alternatives: hiring a moving company, for example, versus renting a truck and doing it yourself. Whichever alternative […]

Help, I Think I Missed the Bottom!

Welcome to May!  April is always a mixed bag when it comes to weather.  We had snow, followed by double digits and temps into low 20’s for a brief period, then frigid snow again.  We were up and out BBQing, then hunkered down while the chill was in the air.  Interest rates mean while remained […]

Saturday Shredathon

What a gorgeous day it was to be outside for our inaugural “Shredathon“. The shredding event we dubbed “Shredathon” is a new concept in Red Deer and area for the most part.  The response was well received by those that attended. The shredding was free courtesy of Merlin Shredding, and co sponsored by us, Cenutury […]

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