Recent Blog Posts by CENTURY 21 Advantage

Snow Love

Beautiful cold, winter Sunday today.  It actually is warmer than it was earlier in the week but a bit colder than yesterday @ -13C.  Yesterday the wind was blowing and the roads were just terrible to be out.  Friday morning it was -42C with the windchill and I witnessed a car travelling down Taylor drive dragging the electrical cord for the block heater behind it. We can moan and groan ...

Housing Starts Increase in May

CMHC news release today. The seasonally adjusted annual rate1 of housing starts increased to 128,400 units in May from 117,600 units in April, according to Canada Mortgage and Housing Corporation (CMHC). "The increase in May is broadly based, encompassing both the singles and multiples segments," said Bob Dugan, Chief Economist at CMHC's Market Analysis Centre. Housing starts are expected ...

Century 21 Advantage award winning team

Thank You Central Alberta! Red Deer and Area we are thankful to have been given the opportunity to work with you and serve your real estate needs.  2008 we were the number one company in Red Deer for getting Listings Sold.  More homes in Red Deer sold with a Century 21 Advantage sign than any other company.  We thank you.  because of you we have been awarded the following honors. ...

Century 21 Advantage Commercial award winning team

Our commercial office is a stellar group.  Year in and year out the consistently deliver service second to none.  They are the busiest commercial Realtors in Central Alberta.  Thanks to all our clients for entrusting our team to assist them with all their real estate needs. Because of you we have been awarded the following distinctions Century 21 Advantage Commercial is a CENTURION® ...

United Way Central Alberta

I am really proud to have received volunteer of the week in October for the United Way Central Alberta. -Tara Devereaux  

CARA wins Quality of Life award

The Central Alberta Realtors Associaiton (CARA), was the recipient of the "Quality of Life" award.   From Banff Western Connection Nancie Mackie, the Association Executive Officer, accepted the award from outgoing AREA President.  Quality of Life award was awarded to CARA for there commitment to donating $250,000 to Red Deer Hospice. More on the Quality of Life ...

2008 Red Deer Real Estate Market

  The numbers are in and we've been reviewing the 2008 Red Deer real estate market quite a bit here at Century 21 Advantage. Quite a journey it has been with highs and lows in financial markets, and changes to price frequently. There were a lot of sales in the City of Red Deer.  The graphs below are compiled form MLS data provided by the Central Alberta Realtors Association. The ...

Red Deer Real Estate Thanksgiving

Numbers for the local real estate market here in Red Deer, were recently released.  Despite a global economic freak-out on a local level real estate remains stable over all.  The weekly sales volume reacting to media, but overall we're experiencing a consistent trend. Compared to a year ago September sales have been good, but 2008 has more spikes.  Possible media connection with the ...

Penhold Alberta, the place to invest in

Looking for a small town loaded with potential?  Penhold may just have what you are looking for. Penhold although small in stature is the only "bedroom" or "commuting city" with in 15 - 20 minutes of Red Deer that has experienced an increase in MLS sales volume.  The average sale price for real estate in Penhold has also experienced growth over 2007, not matched by Blackfalds or Sylvan ...

August market in Red Deer

Back to school may be the most wonderful time of the year for those of us with kids.  The question is will it be the same for the real estate market? August turned out to be a mixed bag yet again.  The single family home sales were strong if you were priced right and not in a higher price point.  Town houses and duplexes are settling out into a good groove.  Apartment condos on the other hand not ...

Joffre

Joffre is located 23 km northeast of Red Deer, Alberta. For most residents of the area, the petrochemical site and the bridge over the river are more synonymous to Joffre than the actual village.  A few name changes over the years with the exception of the large NOVA Chemicals.  NOVA Chemicals' Joffre manufacturing facility lies just east of Red Deer, Alberta, and is the largest ethylene ...

Weekly Market by the numbers

Great weather continues to favour Red Deer and Central Alberta.  The rush to find homes prior to the school year starting is continuing.  The trend continues in August  the number of active listings are on the decline in the City of Red Deer.  Still a large selection to choose from.  We would expect the number of active listings and the sales to slowly decline as we continue ...

Red Deer, May Blockbuster

Not your typical movie fare, but when it comes to new listings 2008, is a block buster of a year. It wasn't that long ago we were in a heated seller's market, we only have to look as far back as 2006. Then we started transitioning out of that frenzy in 2007 to today's buyer's market. Each market has it's good points and bad depending on the side of the transactional fence you are sitting. For ...

April open for business and business was...

Good. Sales were down from record 2007 sales volume, but well above 2006 numbers. Here at Century 21 Advantage, we led the way with listings sold in Red Deer. Out of the 220 properties sold in April Century 21 Advantage sold 56 which is a little over 25%. How does this compare to what the market is like or what is every one else doing? Well today we see a total of 785 properties available in the ...

More drops in the Interest rates, benefits who??

Today the Bank of Canada announced yet another decrease in interest rates. A significant cut from 3.5% to 3.0%. The last time the Bank of Canada dropped rates by 1% in the same short time frame (6 weeks) was back in 2001. The Bank of Canada indicates that they are doing so in response to economic indicators primarily from the US economy. From the Bank of Canada Press Release: "The Bank is now projecting ...

Your Credit Score and You

When working with buyers the question will come up have you spoken with your bank about whether or not you are qualified for the price level you are shopping in?  This can be a conversation that happens at one of our first meetings and really it should.  The challenge can be the buyer may be reluctant to part with this information until they get to know us, or simply they just don't know. The ...

January 2008 Market Update

More of the same? Kind of, yes.December was a slow month in comparison to the other months in 2007. Sales of single family homes totaled 62 and in January we saw a modest increase up to 69 single family homes sold. Not a large numbers jump but still a 11.29% increase in sales. I wouldn't be surprised if I read a head line that indicated sales increase by 11%. That would not be an accurate reflection ...

More tools for buyers and sellers:

Recently Century 21 Advantage has under gone some changes or upgrades to enhance customer service, we think you'll enjoy and appreciate them. Century 21 Advantage is located in Parkland Mall and has a kiosk on the main level. The kiosk is located along the hall way between Wal-Mart and the food court. This high traffic location has recently been renovated to include 2 large LCD screens show casing ...

Government Giving at Christmas Time

Time of year for giving and it starts at the top.  The past few years have been very good for Alberta.  Recent announcements and plans released indicate that 2008 will also be a great year in Central Alberta.  Both provincial and federal levels of government are workin with regional levels to improve the quality of life for us all. More money is being spent on infrastructure helping ...

Best Year Ever?

With head lines indicating that the end is near, and that we're in a buyers market so look out for falling prices how can 2007 be the best year ever? By the numbers it is.  Volume of sales is up, the average sale price is up, and the economy is strong.  This is what it looks like for 2007 in the city of Red Deer:   2006 YTD 2007 Average List Price $252,791 $313,378 Average ...

October ends but wasn't a scary finish!

In fact it was another busy month for real estate in Red Deer. It was very similar to October 2006. There was a total of 100 Single family homes sold in October 2007 compared to 101 in 2006. The similarities continued with the average sale price. The average sale price for 2007 single family homes was $338,856 and in 2006 it was $333,138. Our growth has slowed to a point where we've caught up to ourselves. ...

September stats are Balanced

The Red Deer Real Estate Board released their stats yesterday for September.  A few of the highlights are:"BUYERS BENEFIT FROM BALANCED REAL ESTATE MARKET"FOR IMMEDIATE RELEASERed Deer – October 9, 2007 – Throughout Central Alberta homes continued to change hands at areasonable rate last month according to the MLS® figures released by the Red Deer & District RealEstate Board.Residential sales ...

Things to do on a fall day In Central Alberta.

There is so much to see and do in Central Alberta in any season.  Recently I had an opportunity to take some time off with a few friends and enjoy a round of golf.  Sure there was a frost delay as there are in many areas across Canada this time of year, but it was worth it.  One of the joys of golfing is enjoying the outdoors, and taking in the scenic views of a well cared for course.  ...