March 2024 Single Family Market Report Single family home sales volume stayed higher, and prices lifted again in February. Sales Prices Single family homes prices climbed to just under $487,000 in March 2024 compared to around $460,000 in 2023, an increase of 6 over the previous year. Due to the shortage of inventory (see supply later in this report) we expect prices to climb even further as the spring market gets into gear. Sales Volume   There were more than 1200 single family homes sold in March 2024 an increase of 50 over March last year. We expect sales numbers to stay high subject t ..read more

2024 March Condo Market Report The Edmonton condo market is alive and well. Sales volume is very strong. Prices are lifting. Sales Prices In March 2024 condo sales prices ended 9 up when compared to the same month last year. It should be noted that March last year saw a slight dip in values, so optimism needs to be tempered. However, the value trajectory is unmistakable. Condos in March sold for around $20,000 more than those in January. Sales Volume Volume for condo sales during the first quarter was impressive. Almost 1500 units sold during the first 3 months of 2024, surpassing the crazy ye ..read more

3 Ways to Avoid Confusion & Overwhelm When Buying a Home in 2024 When looking for a home its easy to get excited and overwhelmed. Follow these steps for best results: 1. Prioritize and Maintain a Rolling Top 3: - Limit your top choices to three homes at a time. - After seeing four homes, eliminate one with your agent's help. - Rank your top three choices, designating one as your first pick to stay focused. 2. Embrace Imperfection: - Understand there's no perfect home. - Rate each home on a scale of 1 to 100. - Consider any home scoring 85 or higher as a strong contender. 3. Recognize Cream ..read more

5 Ways to Win Your Dream Home in a Multiple Offer Situation In the competitive hot spring market of 2024, lacking a proven strategy to succeed in multiple offer situations can lead to recurring disappointment and concern. Our team has crafted a meticulous 5-step method to bolster your offer's chances of triumph. Here's an overview of our process. We encourage you to discuss this approach with your REALTOR® to ensure a successful outcome. 1. Forge a Relationship with the Listing Agent: It's surprising how many REALTORS® overlook this pivotal step. Instead of simply submitting an offer based on ..read more

3 Things We Like About Daytona Homes Daytona Homes is a division of the family owned Tacada real estate company with strong Alberta roots. It was the Daytona brand established over 30 years ago that launched Tacada into the market leading to other brands and product offerings including City Homes, Accent Infills and Carriage Signature Homes. We especially love the mission of the Tacada real estate company. Tally Hutchinson, the CEO and son of the founder Ralph Hutchinson puts it this way. “We enable the memories that only shelter, safety and stability can bring. We can never take for granted t ..read more

3 Strategies for Success in the Hot Spring Real Estate Market of 2024 If you're eager to navigate the dynamic Edmonton spring housing market in 2024, whether it's for your first home, an upgrade, or downsizing, the intense competition & rising prices might pose challenges. Here are three effective ways to come out on top: 1. Act Promptly & Assertively Move swiftly when a new property hits the market. Request your REALTOR®  to schedule a showing immediately. Be proactive by making an offer promptly; waiting for discounts might not be viable in the current scenario. Consider offerin ..read more

February 2024 Single Family Market Report Single family home sales volume stayed higher, and prices lifted again in February. Sales Prices Single family homes prices climbed to just under $481,0000 in February 2024 compared to $440,000 in 2023, an increase of 9. Due to the shortage of inventory (see supply later in this report) we expect prices to climb even further as the spring market emerges. Sales Volume The number of single-family homes sold in February 2024 is perhaps an even bigger story. There were 934 homes sold compared to less than 600 homes this time last year. This represents an i ..read more

2024 February Condo Market Report The Edmonton condo market is alive and well. Sales volume is very strong. Prices are lifting. Sales Prices In February 2024 condo sales prices ended 3 up when compared to the same month last year. This is a marked improvement over January when condo prices ended at 1 up. Sales Volume Volume for condo sales in January and February 2024 is the big story so far this year. There were over 500 units posted sold on MLS system compared to around 350 last year. This represents an impressive 45 lift in sales volume. This is the 10th consecutive month of volume sales gr ..read more

Holly Taylor talks about her experience as a team member Holly Taylor has been with our team for a year. Here is what she has to say about her experience of being a partner with our team. 1. Reasons for Joining Ambergate Realty Advisors Team: The excellent training and mentoring attracted me even before officially joining. I preferred a smaller, close-knit team over a large, impersonal brokerage. Stuart Neal, our Team Leader, played a significant role in identifying and preparing business opportunities for me, allowing me to focus on building client relationships, showing homes, and negotiatin ..read more

The 3 Fatal Mistakes That Many New REALTORS® Make 1. Choosing a well known brand name brokerage over a team 2. Failing to take advantage of leads provided by a team 3. Failing to understand the advantages of daily coaching and mentoring by a team leader Let's delve a bit deeper into each one: 1. Choosing a Well-Known Brand Name Brokerage Over a Team: Issue: While joining a reputable brokerage is important, relying solely on the brand name without considering the support and mentorship within a specific team can be a mistake. New agents might assume that the brand itself will bring in clients ..read more