Discover the most up-to-date news and insights on the Edmonton & Area Real Estate market. With comprehensive market updates, valuable information on mortgages, and more, you can trust that you will be well-informed. Stay ahead of the curve by staying connected with us.

Buy or Sell First in Edmonton's Market?

Navigating the housing market can feel like walking a tightrope. One of the biggest questions homeowners face is whether to sell their current home before buying a new one or to purchase first and then sell. This dilemma is particularly pressing in dynamic markets like Edmonton, AB, where conditions can shift rapidly. In this blog post, we'll explore the pros and cons of each approach, analyze current market trends in Edmonton, and provide practical tips to help you make an informed decision. Whether you're a seasoned homeowner or a first-time seller, understanding the nuances of buying and selling in today's market can empower you to make the best choice for your circumstances.

The Pros and Cons of Selling…

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September Real Estate Statistics Are Here!

It’s an exciting time to be a part of the bustling Edmonton real estate market! As an experienced brokerage in this vibrant community, it’s our pleasure to share with you the latest data from the REALTORS® Association of Edmonton and shed light on what it could mean for you, whether you’re buying, selling, or simply keeping an eye on the market.

Unit Sales

Despite a decrease in unit sales during August and September 2024, with 2,591 and 2,256 residential unit sales respectively, we’ve seen a consistent year-over-year growth. In comparison to 2023, unit sales were up by eye-opening percentages of 15.8% and 10.0%. This suggests that although the market has cooled from its previous months, it remains…

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Beware of Real Estate Fraud in Canada: Understanding & Navigating the Landscape

Being in the real estate market can be a thrilling venture. It offers untold opportunities for homebuyers and investors alike. However, this venture can quickly transform from exciting to devastating if you fall victim to real estate fraud. In Canada, a variety of scams are specifically tailored to exploit unwary homebuyers, renters, and investors. This blog will detail some of these scams, explore the options available for recourse, and give you some tips to protect yourself from becoming another statistic.

Understanding Real Estate Fraud in Canada

Real estate fraud covers a broad spectrum of illegal practices. Scams typically involve forgery, misrepresentation, and…

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Use The Full Power Of Your Mortgage

As real estate agents, we are always on the lookout for financial tools that can benefit our clients. That's why today we want to discuss a product that is not only beneficial but also highly flexible - the Re-advanceable Mortgage, also known as a Home Equity Line of Credit (HELOC) or a Re-advanceable Equity Line of Credit (RELOC).

Here are some of the pros and cons of a Readvanceable Mortgage that we believe are important for you, as a homeowner or potential homeowner, to consider.

Pros:

  1. Revolving Credit Facility: Readvanceable mortgage allows you to access a revolving line of credit as you make your regular mortgage payments. As you pay down your mortgage, your line of credit limit increases,…

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August 2024 Real Estate Statistics: Edmonton & Area

In the Greater Edmonton Area (GEA), the housing market has been experiencing some shifts. As of August 2024, there were 2,591 homes sold, which was an 11.8% drop from July 2024. However, this number was still an impressive 15.8% higher than the same time the previous year.

New listings in August amounted to 3,467, a 7% decrease from July, but 7.7% higher than the previous August. Additionally, the overall listing inventory* dropped by 1.2% from the previous month and was 13.8% lower than in August 2023.

*(Overall listing inventory refers to the total number of homes available for sale in a specific market at a given time. It includes all active listings, encompassing various property types, such…

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Why Location Matters When Buying a Home in Edmonton, AB

Introduction: Why Location Matters in Home Buying

When it comes to buying a home, location is often touted as the most important factor. But what makes location so critical, especially in a city like Edmonton, AB? From the convenience of nearby amenities to the long-term potential for property value appreciation, where you choose to live can significantly impact your quality of life. This blog explores why location should be at the top of your checklist when buying a home in Edmonton.

Proximity to Essential Amenities: A Look at Convenience

One of the first factors to consider is how close your potential new home is to essential amenities. Edmonton offers a variety of schools, hospitals,…

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Top 10 Home Design Trends for 2024 in Edmonton, Alberta

If you're a homeowner or thinking about selling your home in Edmonton, Alberta, knowing the latest home design trends can help you make informed decisions. Edmonton's unique climate and growing interest in sustainable living have shaped these trends, ensuring your home is stylish, functional, and energy-efficient. Here are the top 10 home design trends for 2024 that you need to know.

1. Sustainable and Eco-Friendly Materials

Edmontonians are increasingly conscious of their environmental footprint, and this is reflected in home design. Sustainable materials like reclaimed wood, bamboo, and recycled metal are becoming popular choices for both construction and renovations. These materials not…

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10 Common Real Estate Myths Debunked

Introduction

Navigating the real estate market can be a daunting task, especially for first-time homebuyers and property investors. Myths and misconceptions abound, often leading to costly mistakes and missed opportunities. In this blog post, we aim to debunk 10 common real estate myths, providing you with factual information and expert insights to help you make informed decisions.

Myth 1: Real Estate Is Always a Safe Investment

Debunked:

While real estate can be a profitable investment, it is not immune to risks. Market fluctuations, economic downturns, and property-specific issues can all impact the value of your investment. For example, the 2008 financial crisis saw a significant decline in property…

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Community Spotlight on Jagare Ridge in Edmonton, Alberta

Welcome to Jagare Ridge, one of Edmonton's most picturesque and family-friendly communities. If you're a homebuyer looking for a place that offers both tranquility and convenience, Jagare Ridge might be your perfect match.

Key Attractions in Jagare Ridge

Jagare Ridge Golf Club

Start your exploration at the Jagare Ridge Golf Club. This challenging 18-hole course is not just for golf enthusiasts. Even if you're not a golfer, you'll appreciate the stunning views of the Whitemud Creek and the meticulously maintained fairways. It's a great place to unwind and enjoy the outdoors.

Whitemud Creek Ravine

Nature lovers will find a haven in the Whitemud Creek Ravine. This area offers…

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Common Issues That Can Lower a Home Appraisal in Edmonton, Alberta

Whether you're a homeowner looking to sell or a real estate investor aiming to maximize your property's value, understanding the factors that can negatively impact a home appraisal is crucial. In Edmonton, Alberta, several common issues could potentially lower your home's appraised value. Let's explore these issues and provide some practical tips on how to address them.

Poor Maintenance and Visible Damage

One of the most significant factors that can lower a home appraisal is poor maintenance and visible damage. Cracked foundations, leaky roofs, and peeling paint are immediate red flags for appraisers. These issues not only indicate that the property hasn't been well cared for, but…

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