Recent Blog Posts by CENTURY 21 Advantage

Do You Have PDS?

PDS is an acronym coined by David Knox for "Pricing Denial Syndrome". This syndrome afflicts some sellers and possibly some agents and the signs are: Denial (“It’s not the price.”) Minimization (“It’s not that overpriced.”) Blame (“You’re not marketing it enough.”) Justification (“We need the money.”) Bargaining (“What ...

Offer To Purchase, The Deposit, and You

Common questions we get as REALTORS often surround the deposit.  The deposit that accompanies an offer to purchase can be one of the most crucial pieces of the contract, as well as one of the most confusing for some buyers and sellers. How much do I need for a deposit? When it comes to an offer there are two competing sides, one that wants as big of a deposit as possible, and the other wants ...

Governments Home Buyer's Incentives

Take a look at this link of the videos for the Government's Action Plan. It includes information regarding Home Buyer's Incentives! http://plandaction.gc.ca Now is a great time to buy, let's take advantage of these incentives. If you're thinking of buying or selling a home, please contact me (Tara Devereaux) on my cell at 403-588-6444. -Tara Devereaux

Less Than One Week Until The Home Buyers Seminar

If you have questions regarding home ownership we have answers. Join us Monday September 14th, 6:30 pm at  Red Deer Chamber of Commerce.  We will be walking through the ins and outs of home buying and answering questions.  Space is limited, reserve yours by calling (403) 346-0021 or contacting our Century 21 Advantage team of buyer specialists and presenters: Tony Saysana Christine ...

Free First Home Buyer’s Seminar

Learn the important steps to buying in today’s market! Are you looking to buy your first home, but are confused with the buying process?  Do you know whether or not you qualify?  If you have these questions or more we have the answers, and it’s free! Guest Speakers Include: Mortgage Broker, with Regional Mortgage Lawyer, with Johnston Ming Manning LLP Home inspector, from ...

How to Buy a Home in Todays Market

Join 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 ...

Sales in Red Deer Heat Up

Weekly Sales numbers in Red Deer, AB. jump 30% from the previous week. Weekly Stats             # Listings  # Sales  Dec.29/08-Jan. 4/09  14  7 Jan. 5-Jan. 11 47 11 Jan. 12-Jan. 18 69 7 Jan. 19-Jan. 25 63 23       Jan. 25-Feb. 01 67 21 Feb. 2-Feb. 8  90 27 Feb. ...

This is a great time to buy Real Estate

Why is it in a buyers market, buyers are reluctant to buy? And in a sellers market when it was the most difficult time to buy value in Real Estate they were buying like crazy! No one can predict when the market has hit the bottom, but people who buy during a buyers market are smart! They make a decision by asking themselves "has the market dropped enough to make this a good purchase?" The answer to ...

Real Estate Now Part 2

The results of the survey are in.  Last week I asked the question should you buy now.  The consensus was that now was a good time to buy, and if you could you would.  Here is the break Down: 1)  Which best describes your real estate outlook? I bought recently, no plans to move 22.2% I would buy if I knew this was the bottom 33.3% I would buy if I could sell my home 33.3% I ...

Two of the Most Asked Questions in Red Deer Real Estate

Although I believe my knowledge covers all(!), I will limit it to Red Deer Real Estate for this blog. The market is not as volatile as the media would have you believe. Sellers are not dropping their prices rapidly and buyers are searching for their interpretation of value...this is how the market works almost all the time. First question: Should I buy now? Answer: If not now...when? Everyone ...

The new budget is encouraging first time home buyers to buy.

First time buyers can be eligible for money back on closing costs. A credit of up to $750 to cover closing costs, such as legal fees, title insurance and deed transfer taxes. This credit covers 15 per cent of eligible closing costs, up to a maximum of $5,000. As well, the amount first-time buyers can withdraw from their RRSPs for a down payment has been increased from $20,000 to $25,000, the first ...

The new budjet is encouraging first time home buyers to buy.

First time buyers can be eligible for money back on closing costs. A credit of up to $750 to cover closing costs, such as legal fees, title insurance and deed transfer taxes. This credit covers 15 per cent of eligible closing costs, up to a maximum of $5,000. As well, the amount first-time buyers can withdraw from their RRSPs for a down payment has been increased from $20,000 to $25,000, the first ...

2009 Real Estate Market... is 2009 the year to buy real estate?

My earlier blog post I asked you 4 questions and to email me your thoughts. http://www.century21.ca/patrick.galesloot/Blog/2008_Red_Deer_Real_Estate_Market Where do you see house prices going long term? How long do you plane to live in that house? Should you wait? Can you afford to wait to buy based on past price trends? In follow up I received comments that got me thinking some more about ...

Last week in Real Estate

Happy New Year! 2008 was quite a journey in real estate which I will reflect upon on another post.  Right now we'll look at the last few weeks of real estate activity in the Red Deer Market. Typically December slows down each year as home owners and real estate agents wind down and make plans for time with family and friends.  A number of home owners dread the idea of having to be show ...

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 ...

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.  ...

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, ...

The Top Ten Reasons It's a Great Time To Buy Real Estate!

1. Selection, selection, selection.• How many properties on the market today in Red Deer? 733• How many Apartment condos? 100• Town Houses? 88• Half Duplexes? 53• Single Family? 450 2. No Bidding Wars. 3. You can make an offer.• What is the average list to selling price ratio? 97%• How low of an offer is normal today? $20,000 4. Patience is tolerated.• How many homes does the average buyer look ...