Real Estate Blog

With a slight warming to the weather & the economic climate, Red Deer’s sales activity totaled 115 units in July 2019, a 14.8 per cent decrease from August 2018. Total sales in the city year-to-date have reached 910, with 985 sales at this same time in 2018. The average selling price comes in at just $307,287 a 17.1 per cent decline over the last four years, that figure up slightly from last month. Many buyers are looking at Ottawa's First Time Home Buyer Incentive that launches this week. If you're able to make a purchase in today's market, you're buying instant equity for when the market turns back around. If you've found a property you'd like to get a closer look at Schedule a Viewing today or Contact Us for more information!

If possible,

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Private lot in the Pines, backing onto treed area

Enjoy your morning coffee on the east facing upper deck out front, or entertain the evening away with friends & family on the floating deck out back. The open kitchen, nook & family room all overlook the secluded back yard & fenced garden. Work your magic in the kitchen with a central island, ample counterspace & plenty of cabinets for all your cooking needs.

Vaulted ceilings & transom windows flow through from the living area, dining room & up into the master suite. The generous master bedroom is its own retreat with a patio door to an elevated deck, walk in closet & ensuite with a large jet tub. The upper floor has all new laminate flooring, separate washroom & two additional bedrooms

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We believe there’s a step when buying a home that is absolutely critical. In a market with high inventory it’s even more important. Unfortunately, most people totally miss this step we call Market Education. Market Education is about systematically getting out & viewing homes, not for the purpose of buying but rather to educate yourself on the market, establishing a baseline for what your price range affords you, & refining your criteria. This is a step that the vast majority of agents will skip thinking it’s a waste of their time, however experience has taught us, this simple investment of time up front comes with a number of benefits.

  1. Number one is confidence – By getting out and viewing homes in a no pressure environment for the purpose of
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With a slight warming to the weather & the economic climate, Red Deer’s sales activity totaled 147 units in July 2019, a 6.5 per cent increase from July 2018. Total sales in the city year-to-date have reached 795, with 853 sales at this same time in 2018. The average selling price comes in at just $303,709 a 13.9 per cent decline over the last four years. Many buyers are looking at Ottawa's First Time Home Buyer Incentive that launches on September 2, 2019. The real question will be whether or not people will make informed decisions & how many people will actually qualify. Very few millennial buyers will be able to take advantage of the FTHBI, given all the restrictions. The ones who could use the incentive can easily qualify for a regular mortgage

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Step 1 - Agent Interviews & the Comparative Market Analysis (CMA)

There are hundreds of critical mistakes you can make when selling your home, however there is a universal cure for them all . . . qualifying and choosing the right agent. Ask your agent lots of questions to ensure their motives are in the right place and they have the ability to properly represent you. Furthermore, you need to find out if you are comfortable with this person's style of business.

In addition to an interview with an agent, have them look at your house and give you an idea of value. The agent will then assess the other homes in the area that are comparable to yours, make financial adjustments for the differences and give you an approximate value. This process is

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Can you say, "flat market?" With minimal change in the economic climate, Red Deer’s sales activity totaled 124 units in June 2019, a 15 per cent decline from the June 2018, well below long-term averages, & with a 37.7 per cent decrease over the last four years. There was a pullback in sales across all product types, leaving supply levels high, resulting in persistent oversupply & continued price reductions. The average selling price comes in at just $311,344 an 11.6 per cent decline over the last four years. With July upon us, prepare for a quiet couple of months, as the kids are free, families are travelling & enjoying the very sporadic amount of sun we're seeing this summer.

If possible, potential buyers may want to take advantage of the market

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Understanding Title Insurance Protection

As incidents of real estate fraud increase throughout Canada, homeowners and lenders are proving to be irresistible targets for fraudsters. To help protect yourself against huge financial losses caused by title fraud, you may consider purchasing title insurance. Unfortunately, many home buyers purchase title insurance without knowing what the actual covered includes. Others fail to purchase an insurance policy altogether. In this article, we discuss key things buyers and owners of real property should know when considering whether to purchase homeowners title insurance. You must purchase title insurance through a law firm in Alberta.

What Is Title Insurance?

Title insurance is an insurance policy that

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Come see us on June 2 between 2:00 - 4:00pm. There will be a number of fancy houses in this neighbourhood that will be open to the public!!

  • 18 Oscar Court - CA0164350 - $999,500
  • 42 Overand Place - CA0165899 - $514,900
  • 80 Oakwood Close - CA0158849 - $649,900
  • 52 Oakdale Place - CA0162548 - $549,800
  • 90 Oaklands Crescent - CA0161074 - $575,900

Backing onto a treed reserve on the Red Deer River & the Red Deer Golf and Country Club. You couldn't get much closer to nature with these quiet settings, come see what Oriole Park West in Red Deer has to offer! We'll see you this weekend :)

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Behold, 4882sqft of pure luxury. West facing backyard, with plenty of room for a second oversized garage & RV parking. Stay warm & save money with efficiency - triple pane windows, 12” ICF block foundation, in-floor heating on all levels, plus the garage & an additional 2” of styrofoam insulation under the stucco! Maintenance free vinyl fence & metal shingles. High-end stainless-steel appliances, with ample counter space & cupboards. Main floor office provides a great view of the natural area behind this home. Upstairs you will find a king-sized master suite with a massive walk in closet & a spa-like 7-piece ensuite with an oversized glass shower. Two more bedrooms on the top floor, each with its own 4-piece ensuite, ideal for guests & teenage

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Remember Even If It Looks Like A Form: It Is A Legal Contract To Buy A Home

Every year in Alberta, thousands of people enter into Alberta real estate purchase contracts to buy and sell homes. The process of buying a home in Alberta is exciting. Sometimes people lose site of the fact that pre-printed, sometimes electronic real estate purchase contracts are legally binding contracts. While there are different residential purchase contracts for different types of properties, the main legal points are similar. Once signed and conditions are waived, you are required to go by the terms of the contract. If you cannot or will not, you can be sued. If you have never purchased a home before, we recommend visiting our First Time Home Buying page.

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