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Archive for April, 2009

Posted by Sharon Gregresh on April 23, 2009

MLS® Activity for the month ending March 2009

Posted under Edmonton Real Estate Market Stats

 

  Unit Sales Average Price
  2009 2008 Change 2009 2008 Change
Edmonton            
Residential 1,380 1,558 -11.42% $309,000 $343,700 -10.10%
Total MLS® 1,513 1,710 -11.52% $317,500 $357,000 -11.06%
 
Calgary            
Residential  1,797 2,374 -24.30% $372,100 $419,400 -11.28%
Total MLS® 1,854 2,502 -25.90% $380,400 $431,600 -11.86%
 
Fort McMurray            
Single Family 41 95 -56.84% $616,600 $689,200 -10.53%
Total MLS® 70 191 -63.35% $511,500 $561,100 -8.84%
 
Alberta            
Residential 4,042 5,192 -22.15% $329,800 $367,200 -10.19%
Total MLS® 4,358 5,763 -24.38% $333,700 $376,100 -11.27%
Posted by Sharon Gregresh on April 23, 2009

The National Market-Canada- Source is The EREB Weekly Review

Posted under In The News, Nation Wide And Global Influences, Todays Real Estate Market

Existing MLS® home sales activity increased for the second month in a row in March 2009, according to statistics released by CREA. The number of new listings also continued trending lower in March, which firmed up the balance of supply to demand.

A seasonally adjusted total of 31,135 homes traded hands nationally via the MLS® in March 2009. This is an increase of 7% from the previous month, and builds on the 10.3% activity gain in February. The number of transactions in March 2009 stands 18% above levels reported in January 2009, when activity sank to the lowest level in a decade. Read the rest of this entry »

Posted by Leanne Dunnigan on April 21, 2009

SPRING CLEAN by SAIVE TIME and SPACE

Posted under Seasonal

Everyone feels like they are drowning.  Drowning in paper, drowning in laundry, drowning in stuff.  People want to simplify.  Continually, organizing and simplifying is on the top of everyone’s New Year’s Resolution List.  New Year’s Eve was more than three months ago, so let’s forget that and SPRING CLEAN! Read the rest of this entry »

Posted by Sharon Gregresh on April 9, 2009

Edmonton Home For Sale – Half Duplex in Carlton

Posted under Featured Listings

                                      

Edmonton Home For Sale – Half Duplex in Carlton

Immaculate, Stunning, and Pleasing are all words that describe this wonderful 3 bedroom  Edmonton Half  Duplex. This is a gorgeous home located in North Edmonton’s subdivision of Carlton.   The  gleaming hardwood floors are stunning and you will enjoy the spacious entrance way. The main floor is very bright with large windows throughout, There is a flex room at the front of the home, and a huge great room style kitchen, dining and living area, as well as a 2 piece bath and tons of closet space. The upstairs is nicely appointed with 3 good sized bedrooms, a full bath with master bedroom access, and upstairs laundry.  All the upstairs closets are large, but the master has a walk-in. The basement has been fully finished and has a full bath, huge family room, and lots of storage space.  Buying this property is better than buying  new because the landscaping and basement development are done, appliances and wood window blinds are all included..no extra costs need to be incurred after you move into this one. Value Plus is what you will get when you purchase this property.

List Price: $299,900

Address: 15716 141 Street

If you would like to view this property please contact

Sharon Gregresh  sharon@propertyfusion.ca   780-702-9999  or

Kim Bedry               Kim@propertyfusion.ca         780-702-9996

Posted by bborle on April 9, 2009

Should you refinance your mortgage?

Posted under Uncategorized

 

Here is an interesting article written by;

 Patricia Lovett-Reid

Senior Vice President TD Waterhouse

 

Should you refinance your mortgage?

With interest rates low, Canadians are thinking about refinancing their mortgages. Here’s how to tell if it’s worth it.

I know I’m an optimist, but I can’t help thinking that there is a silver lining around this cloud of bad news.

Equity markets are see-sawing back and forth and yet there is an opportunity to build wealth in a low interest rate environment.

Where do interest rates touch most Canadians? Our mortgages. As rates have inched lower and lower, refinancing your existing mortgage becomes more and more appealing. Typically, the decision rests on the trade-off between how much it will cost to break out of the current mortgage and how much you would save in interest payments going forward.

Let us discuss an example where there is $100,000 outstanding on a locked-in fixed rate mortgage set up in January 2008 at six per cent for a five-year term. With 45 months still remaining on the term and posted rates for four-year fixed rate mortgages now at 4.4 per cent seems like a savings of 1.6 per cent! Read the rest of this entry »