Found 23 blog entries tagged as real estate.

 The Realtors Association of Edmonton just had their 2024 Housing Forecast, so we wanted to break down some key elements of what was discussed.

With all of the factors heading into this year (e.g. increased migration to Alberta, potential for significant interest rate decreases and shortage of detached single-family homes), this could be a very exciting year in the real estate world.

If you have any questions, or would like to discuss any of the above in further detail, please do not hesitate to reach out to the YEGListings Group!

77 Views, 0 Comments

Read Full Post

With no apparent relief from elevated interest rates on the horizon, the shortage of inventory is helping keep sales volumes (and average sales prices) at reasonable levels. Sales volumes are up across the board versus same month last year, but down compared to Sept 2023.

For more information on how this has impacted your property, or any other questions, reach out to the YEGListings Group!

65 Views, 0 Comments

Read Full Post

  If you do a Google search for what a real estate agent fears the most, it will probably tell you the fear of rejection or the fear of failing. 

As a real estate agent I can say there are a few other fears that I face on a daily basis. 

Fear of getting lost

As a real estate agent, I regularly venture into unfamiliar neighbourhoods and rural areas to show homes. Getting lost is a real concern for me - even in this age of technology.

I always want to arrive at a showing before my client. Getting lost and having my client wait for me is not professional.                                 

 New development areas are a particular fear of mine. Technology is not always current with construction in an area, therefore not a reliable source of…

31 Views, 0 Comments

Read Full Post

Home Buying Timeline

Buying a home is no easy feat, but knowing what to expect and preparing for the journey ahead is key to a successful home-buying experience! On average, it takes 3-4 months to shop for a home and 30-60 days to close on your property once you're under contract.

There are a lot of variables that go into buying a house that could make things move faster or slower. The timeline differs for each individual and depends on the housing marketing, inventory, time of year, your financing needs, and the kind of home you're looking for.

Here's a generic outline of the buying process from beginning to end (with the average amount of time each step takes) so you can get an idea of what to expect when buying a home!

1. Find a…

110 Views, 0 Comments

Read Full Post

Worried about Finding a Home if You Sell First?

There are many reasons why selling your current home before buying another one may be a good idea. But, once you’ve made that decision, you may still worry that you won’t find another home to buy after you sell.

Fortunately, there’s plenty you can do to minimize that possibility.

For example, if you sell first, you’ll know exactly how much you can put toward a new home. Having that specific number in your back pocket will enable you to target your search and immediately jump on buying opportunities. When you see a home you like, you won’t have to wonder, “Can we afford it?”

Creating a buying plan will also help you quickly find the home you want.

Ideally, it should have a shortlist of neighbourhoods or areas you are considering. Narrowing…

155 Views, 0 Comments

Read Full Post

It’s interesting to note how so many things have their “season.” Hockey in the winter. Vacations in the summer. Gardening in the spring. Even retirement reportedly occurs more often in the fall than any other time of year.

To some extent, even real estate seems to have a season. The spring is traditionally an active time for home sales. But, does that mean you should wait until spring to list your home?

Here’s the reality...

Properties sell all year round. There are buyers actively looking for homes at all times of the year. In fact, there are bound to be buyers that would be interested in your home if you were to list it this month. While it’s true that the market may fluctuate throughout the year, with some months featuring higher or lower…

140 Views, 0 Comments

Read Full Post

 Pulling Together the Records you Need when Selling

Imagine you’re viewing a home for sale. You venture to the basement, check out the furnace room, and notice the water heater. Is it owned or rented? As a potential buyer, you’d want to know.

Now imagine a property you’re viewing has a brand-new gas fireplace. Nice! Is it under warranty? Is that warranty transferrable to you if you buy the home? Again, you’d want to know.

So, when you’re selling, it’s important to pull together all the necessary records you will need in order to answer these types of buyer questions. After all, if a particular warranty transfers to the new owner, that’s a selling point.

Take the time to find receipts, warranty certificates, and other documents related to:

1) Renovations (e.g., a bathroom…

94 Views, 0 Comments

Read Full Post

Preparing for a Day of Multiple Viewings

When you’re selling your home, several viewings of your property may be scheduled on the same day. That can be a good thing because it can create increased excitement about your listing.

To prepare for a multiple viewings day, follow these tips:

  •          Clean and prepare your home the day before. That way, you’re not scrambling to get things ready in the morning.
  •          Confirm the time of the first appointment. Schedules can change quickly.
  •          Plan to leave your home a half-hour before the viewings begin. Some buyers might feel awkward if they run into you as you’re coming out.
  •          Make a last-minute checklist.
  •          Assume the viewings will go overtime. Plan to be away at least a half-hour after the…

105 Views, 0 Comments

Read Full Post

 The Role of Personal Goals when Deciding to Sell

Many people decide to move for practical reasons. For example, some might be required to move due to work relocation and others may realize that their household has changed and they are ready to downsize or upsize.

But personal goals play an important role too.

In fact, when deciding whether or not to sell your property and find your next dream home, it’s essential to consider personal goals—your own and those of other family members too.

After all, where you live, and the type of home you live in, can greatly impact your goals and dreams.

For example, if you’re active in a particular sport or another hobby (such as hiking), being able to enjoy that activity locally might be an objective. If your goal is to live in a certain…

124 Views, 0 Comments

Read Full Post