| Recent Blog Posts by CENTURY 21 Advantage | ||
Century 21 Advantage Web TrafficMore traffic helps buyers and sellers.
We've been pretty excited about our web platform since it launched. The enhancements have been well recieved by our agents, sellers and buyers. We've added full screen picture slide shows with all our properties that have 21 photos. We also added links to virtual tours and more recently added Google Street View to each listing. The interactive ...
Posted by Patrick Galesloot
on April 1, 2010
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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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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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Century 21 Open Houses for the Week of April 2-9, 2009
April is Open House Month
From LOGOS
Stop in one of our open houses during the month of April and ask how you can win 2,100 Air Miles.
Open Houses for Saturday April 4, 2009
38 Overand Place
Hosted by: Dave Haley 2:00-4:00pm ...
Posted by Sandra Miller
on April 3, 2009
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New Century 21 Advantage MLS Listings March 15 - March 23Spring like weather is bringing out the buyers and seller's. Combined with record low interest rates now could be the ideal time to make a move for you. Contact one of our associates today to discuss your options. See all the latest listings amd more at www.Century21Advantage.ca
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Posted by Patrick Galesloot
on March 24, 2009
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How to get from "For Sale" to "Sold" in Red DeerTwo comments or questions asked of us that we hear most often today:
"Is the market going down more?"
"I'm waiting for the prices to come down further"
Quite often people are surprised when I mention that houses are selling. I think too many people are listening to CNN or Canada Am, and getting national news or news from other regions mixed up with local news. The reality is yes ...
Posted by Patrick Galesloot
on March 20, 2009
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Another Red Deer real estate week.Weekly Stats # Listings # Sales # Price Changes Nov. 17-Nov. 23 44 26 60 Listings declined a little bit this past week, which is not a bad thing. We still have plenty of listings to choose from and from a selling standpoint it helps to get the ...
Posted by Patrick Galesloot
on November 24, 2008
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Weekly Real Estate Update
Changing market over the past 7 weeks, and the change is not over. With the financial markets in turmoil from the US credit crisis, an election called here in Canada, there is a lot of dynamics going on. For a detailed look at the market click here.
This week marks one of the lowest inventory levels we have seen in a while with total properties for sale in Red Deer now totalling 597. ...
Posted by Patrick Galesloot
on September 22, 2008
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Red Deer Real Estate Market Update How is the Real Estate Market in Red Deer Alberta? Well as you can see it is still quite healthy. There are many listings on the market creating conditions for a buyers market. The average sale price in August for single family homes (houses) was quite strong. The average house sale price in August 2008 being $346,40, which is 99% of 2007's average house sale price of $351,467. August and July ...
Posted by Patrick Galesloot
on September 16, 2008
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August market in Red DeerBack 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 ...
Posted by Patrick Galesloot
on September 5, 2008
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Weekly Market by the numbersGreat 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 ...
Posted by Patrick Galesloot
on August 11, 2008
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Real Estate at a glanceMLS Stats: More listings available for buyers to look at. A common question we hear today is can I write an offer subject to the sale of my home? More often the answer is yes. While this may not be an acceptable term in an offer for every seller it is quite common. The Red Deer market place is such that buyers can find the house that they really want and trade up. A contrast ...
Posted by Patrick Galesloot
on July 23, 2008
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Zero Down? Buy now before the dooor closes.2008 is shaping up to be the year for change in Real Estate. June 23rd, 2008 marked a significant change to real estate business. Realtors require your I.D. A new federal law came into force, real estate agents will ask to see your driver's licence, or other government-issued ID. They'll also need to keep personal information identifying their clients, such as occupation and birth-date, ...
Posted by Patrick Galesloot
on July 21, 2008
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Red Deer, May BlockbusterNot 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 ...
Posted by Patrick Galesloot
on May 26, 2008
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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 ...
Posted by Patrick Galesloot
on May 8, 2008
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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 ...
Posted by Patrick Galesloot
on April 22, 2008
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Market review first quarter 2008Welcome to April! The beginning of spring for most of us March still feels like winter despite the first day of spring. How are we doing real estate wise? Is the market up or down? What can I expect? You can expect more of the same for Red Deer. For the most part sale prices have levelled off. The median sale price has been static at $325,000 with the exception of the last few weeks which saw ...
Posted by Patrick Galesloot
on April 2, 2008
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January 2008 Market UpdateMore 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 ...
Posted by Patrick Galesloot
on February 4, 2008
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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 ...
Posted by Patrick Galesloot
on November 22, 2007
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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. ...
Posted by Patrick Galesloot
on November 2, 2007
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September stats are BalancedThe 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 ...
Posted by Patrick Galesloot
on October 10, 2007
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