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Cold September Slows Down Buyers Or Has It.Total Listing inventory in the City of Red Deer has declined to the their lowest level 777 properties listed for sale since the end of May (767). While that may be perceived as high for our market place in comparison to previous years it is a positive sign for sellers and further evidence that buyers should be moving to take advantage of market conditions. The weekly sales volume is also ...
Posted by Patrick Galesloot
on September 15, 2010
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This Week in Real EstateHow's the market? Prices going up?
I hear those questions and many like them quite often. The real estate market in Red Deer is reportedly different than Calgary or Edmonton. Last week the numbers were:
Weekly Stats
# Listings
# Sales
# Pending Sales
# Price Changes
# Off Market
Net loss/gain
Active Single Family Listings
Total Active
Dec.28/09-Jan. ...
Posted by Patrick Galesloot
on February 11, 2010
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Red Deer Real Estate 2009 Market Update and BeyondWe finished 2009, the end of the first decade of the "New Millennium". This month we've been busy returning to work focusing on new goals for the new Year. At Century 21 Advantage we have also been preparing for our kick off meeting. This is the meeting where we present tips, tools and information to our associates so that they can better serve your real estate needs. This year ...
Posted by Patrick Galesloot
on January 23, 2010
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Century 21 Advantage and the Men of MOvemberThe Men of MOvember here at Century 21 Advantage are doing their part to change the face of men's health.
If you haven't heard of "MOvember", it is a global initiate to raise funds and awareness for Prostate Cancer. You can learn more at www.Movember.com.
However rather than just go to the Movember web site I encourage you to visit the Century 21 Advantage Team fundraising page for MOvember ...
Posted by Patrick Galesloot
on November 20, 2009
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Seasons of Change for Red Deer Real EstateOctober is truly a season of change with harvesting done or in final stages, snow appearing and disappearing, leaves turning, and houses on the move.
We've officially entered the 4th fiscal quarter for 2009. So how are we doing? A recent article in the Red Deer Advocate would have you believe that the market outlook is quite flat and bleak. This week we've experienced market news ...
Posted by Patrick Galesloot
on October 14, 2009
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How to Buy a Home in Todays MarketJoin the Century 21 Advantage home buying team Monday September 14th to learn how you can buy a home with confidence.
If you have always wanted to know how to get out of renting and into your first home, or perhaps you haven't made a move for a number of years this is for you.
Find out the ins and outs of negotiating an offer to purchase, why you need use a lawyer and what they do, what does the ...
Posted by Patrick Galesloot
on August 13, 2009
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Now Hiring Licensed Associates Start enjoying the career you've always wanted and thought about. Real Estate.
A Career in Real Estate is more than a job or going to work it's a fun rewarding business. When you bought your first home or your last home was it a sad angry endeavour? No I bet it sure wasn't. In fact I bet you were excited and happy. Experience that all the time. Helping some ...
Posted by Patrick Galesloot
on August 13, 2009
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Summer Cooling Off in Red DeerReal Estate sales in Red Deer slowed down in July from the peak in June, while temperatures soared into the 30's and sun was plentiful.
Sales per price range in Red Deer.
2009
100& Under
100-150
150-200
200-250
250-300
300-350
350-400
400-450
450-500
500-550
550-600
600-700
700+
Total
JAN
5
4
3
8
27
7
5
0
3
0
0
0
0
62
FEB
3
4
6
15
33
21
14
7
6
3
0
0
1
113
MAR
5
5
10
24
26
21
17
8
2
3
2
0
0
123
APR
5
5
17
31
43
30
17
13
7
6
1
2
1
178
MAY
3
3
13
33
47
43
26
8
6
6
5
3
1
197
JUN
4
8
13
38
57
44
23
10
11
2
2
0
1
213
JUL
5
4
20
33
44
30
21
7
6
4
2
3
0
179
TOTAL
30
33
82
182
277
196
123
53
41
24
1041
Information ...
Posted by Patrick Galesloot
on August 5, 2009
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Red Deer 2009 June MLS® Sales Exceed 2008 LevelsJune 2009 was a busy month for MLS® sales in Red Deer. The Central Alberta REALTORs® Association (CARA)recorded 213 sales for June 2009 which exceed 2008 sales number 213.
So the market is busier for sales than last year, it is good news but premature for a celebration. It is still quite competitive if you are selling. We have been carrying inventory ...
Posted by Patrick Galesloot
on July 6, 2009
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Summer Equinox of Real Estate Year?Welcome to Summer!
Officially we marked the summer solstice(equinox) 2009 this past weekend. It is to early to say whether or not the peak of sales activity also aligns with the longest day of the year, historically the two are close. The kids in school are no in their last week, and Canada is one week away. July and August tend to be full of family vacations, and enjoying the short ...
Posted by Patrick Galesloot
on June 23, 2009
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Housing Starts Increase in MayCMHC 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 ...
Posted by Patrick Galesloot
on June 8, 2009
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Red Deer May Real Estate Market Third HighestLatest headlines are still about Chrysler and GM, still talking about the deficit spending and the "bad" economy, still talking about politics etc... Now let's talk real estate. Sales for May 2009 increased from April, and overall it was a busy month. There was a total of 197 MLS® sales in the city of Red Deer for May 2009. This was up from the 178 reported in April, an increase ...
Posted by Patrick Galesloot
on June 5, 2009
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Red Deer Real Estate, week ending May 24, 2009Last 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, and oil prices steadily climbing, the so called spring fling market blip is turning out ...
Posted by Patrick Galesloot
on May 26, 2009
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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" on the market. On the Red Deer MLS® system we have our housing data sorted ...
Posted by Patrick Galesloot
on May 17, 2009
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Red Deer Days on MarketOne 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 on active properties. The days on market for active properties can be influenced ...
Posted by Patrick Galesloot
on May 16, 2009
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Weekly Real Estate Check UpJust 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 listings increased by 31% form the week before, while sales increased 16%. ...
Posted by Patrick Galesloot
on May 13, 2009
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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 low, and dropped slightly. Happy home buyers can now lock in for under 4% with rates ...
Posted by Patrick Galesloot
on May 3, 2009
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Saturday ShredathonWhat 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 21 Advantage. All that we asked was you bring your shredding to us, ...
Posted by Patrick Galesloot
on May 2, 2009
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This Saturday is Shredathon DayWhat is a "Shredathon"?
I'm not sure, I actually made up the word to convey an event where you can bring your old files from home and shred them safe and secure.
The event is this Saturday at 9 am and runs until 3:00 pm at Parkland Mall. Look for the Merlin Shredding Truck in the west parking lot in front of Staples and Safeway.
Spring clean your home office with ...
Posted by Patrick Galesloot
on April 29, 2009
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Century 21 Canada's Chairman's Circle 2009We were invited to attend the Chairman's Circle for Century 21 Canada this year. This invitation only conference is for the top 30 offices in Canada. Century 21 Advantage was number 12 for sales production in the Century 21 Canada ranks.
Luckily for us it was held in beautiful Fort Lauderdale Florida at The Atlantic Hotel.
The agenda consisted of marketing in today's online ...
Posted by Patrick Galesloot
on April 29, 2009
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Last Week in Red Deer Real Estate, week ending April 26thApril Continues to improve upon February and March numbers.
The warm spring weather combined with low interest rates are certainly bring out the buyers. Reports from our associates hosting open houses is that the open houses are busy. All that extra traffic has turned into sales for sellers. The number of sales so far for the month of April is at 162 sales in ...
Posted by Patrick Galesloot
on April 28, 2009
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Spring clean your home office with safety, security, and peace of mindSpring clean your home office with safety, security, and peace of mind at our:
Spring Shredathon May 2nd, 9 a.m. - 3 pm Parkland Mall West Parking Lot
Century 21 Advantage wants to protect your identity, and clean up your home office.
Everyone has information that needs to be disposed of in a safe, secure manner. Saturday May 2nd Century 21 Advantage and Merlin Shredding Inc. will destroy the ...
Posted by Patrick Galesloot
on April 13, 2009
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Red Deer March New Listings Decrease 28% from 2008 Record Levels
From Stats
The rush to sell is slowing down in Red Deer Alberta, and the real estate activity remains strong however the real story is the impact of supply and demand. The demand for housing is closer to 2004 levels today, and a mere 52% of the record demand of 2007.
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Red Deer MLS March Stats
New Listings
Sales
. ...
Posted by Patrick Galesloot
on April 4, 2009
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April is Open House Month 2009Spring has sprung, well mostly it has sprung, OK it should be springing any moment.
It's time to start looking at houses if you are planning a move this spring or early summer.
Century 21 Advantage is hosting April is Open House Month.
From LOGOS
Come in and talk to one of our associates during an open house in the month of April and you could win 2,100 Air Miles!! ...
Posted by Patrick Galesloot
on March 31, 2009
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Red Deer reduces power with lights out on Earth Hour night.Electricity consumption in Red Deer was down 2.5 per cent thanks to Red Deer citizens who heard the Earth Hour call, powered down and turned off their lights from 8:30 to 9:30 p.m. on Saturday.
Red Deer citizens helped save 8,800 kWh of electricity, which is enough energy to run The City's entire traffic light system continuously for five days. They helped save enough energy to run four cars for ...
Posted by Patrick Galesloot
on March 30, 2009
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