There are all sorts out there... we've seen our fair share of crazy, but this takes the cake!  ..read more

Another great find on YouTube! This agent does a great job of showing how marketing and advertising of real estate has changed. What worked for your parents' generation doesn't necessarily still work today.  Case in point? The Open House.  ..read more

What Does An Electrical Panel Do? While I never encourage anyone to do their own electrical work, I think it is important for homeowners to understand the components of their electrical panel. Before you invest in home improvement projects, you should make sure the main systems of your house (your HVAC, your electrical, your roof, etc.) are running properly. If there is an issue with any of those components, that’s where you should prioritize your home projects. I asked the experts at Eaton’s Electrical Sector to explain the components of your electrical panel. The Location of Your Electr ..read more

Leave it to Ellen to bring some levity to the real estate business.  ..read more

Trumpeter, Starling, Kinglet, & Hawks Ridge are leading Edmonton's housing recovery. The Big Lakes neighbourhoods of Starling, Trumpeter, Kinglet, & Hawks Ridge saw an increase of house sales in May 2023 of 45% over the same month last year. This is an encouraging sign for Edmonton, which is still seeing a suppressed real estate market when compared to it's sister city of Calgary.  New listings in Big Lakes is also up by more than 50% when compared to May of last year, and the demand for housing is only increasing.  Prices are stagnant though, down 18% compared to last year ..read more

Morinville real estate market continues to struggle with inventory challenges.  Despite the military influence on the Morinville real estate market, listing inventory remains very low. in May there were 34% fewer listings of homes for sale in Morinville than the same month in 2022. Year to date listing inventory is down 31% compared to 2022. That's about 70 fewer homes for buyers to choose from.  Prices are up as a result, with the average sale price reaching $388,000 which is a 8.56% increase over May 2022. Year to date prices are still down, but only 3.42% and the trend is expected ..read more

The Edmonton real estate market continues to underperform, despite showing signs of a recovery.  The city of Edmonton recorded 1,850 house sales in May of 2023 which is 6% lower than May 2022. So far in 2023 Edmonton real estate sales are down 32% compared to lsat year.  Homes are also taking longer to sell, up 72% over last year. This means it's taking an average of 69 days for a house to sell.  But prices appear to be recovering, the average house sale was only 3.5% lower than May 2022. While still lower, we've seen a year to date decrease of 7.9% in average sale prices. So a ..read more

The St. Albert real estate market is stable and strong, especially when compared to other markets in the area. Sales remain strong and listings continue at about the same rate as they did last year.  The average sale price in May was $479k, which seems high but we had a few high priced sales so that figure is a bit skewed this month. The real average is more like $440,000. Sale prices in St. Albert remain strong, which is excellent news for your real estate investment. Buyers remain cautious, which is why the average sale is taking 53 days which is almost double what it was last year. Thi ..read more

They are leaving the cities they grew up in and putting off marriage, children. Terrible housing affordability is forcing adults aged 34 and younger to flee the cities in which they grew up, the report said. Younger Canadians also are putting off marriage and waiting longer to have children, decisions Desjardins chief economist Jimmy Jean and his team said relate to the instability of renting or residing with family. “Canada’s youth need more than just policy announcements and prayers; they need urgent action,” Jean, Randall Bartlett, Marc Desormeaux and Kari Norman said in ..read more

The Bank of Canada’s decision to pause interest rate hikes after a series of increases throughout 2022 significantly impacted the Canadian real estate market.  With interest rates reaching 4.5 per cent in January 2023 and remaining steady since then, Zoocasa has analyzed data to assess how home prices have changed in cities across Canada. Changes in home prices across Canada’s provinces The provinces with the highest average home prices, such as British Columbia and Ontario, have experienced significant price dips since the rate hikes began. British Columbia saw a decline of $113,000 (10 ..read more