Posts Tagged ‘edmonton real estate’

Deal pending in less that one week for 98.4% of the asking price.

Sunday, April 1st, 2012

I have other buyers looking to buy in the Kiniski Gardens area. Are you thinking of selling?

Appraised for $420,000… listed for $399,888 for a quick sale!

Thursday, March 15th, 2012

To view and search all MLS listed homes visit us at http://www.edmontonhomesforsale.biz


Appraised for $420,000… listed for $399,888 Great 3 bedroom 2 storey home in Macewan backing onto green space. Open concept designed, hardwood floors, partially finished basement, and a large master bedroom a must see for more information call Serge at 780-995-6520 or look at the feature properties at www.edmontonhomesforsale.biz to see all the pictures.

To view and search all MLS listed homes visit us at http://www.edmontonhomesforsale.biz

Serge Bourgoin
Re/Max Elite
780-634-8151

Mortgage Rule Changes Will Make it More Difficult to Buy!!

Thursday, March 8th, 2012

Lenders and policy makers are currently in discussions to change the mortgage rules again!! They are currently debating reducing the maximum amortization period back down to 25 years. This will make mortgage payments higher and will reduce the overall amount of a mortgage you will be able to qualify for.

They are also having discussions about increasing the amount of down payment required to buy.

Both of these will have a huge impact on your ability to buy, and how much you will be paying monthly. If you are thinking of buying you should consider buying right now before these changes come into being.

Search all MLS listed homes on our website www.edmontonhomesforsale.biz or call me today 780-995-6520

February Edmonton Housing Prices Rise with Sales – REALTORS®

Monday, March 5th, 2012
Edmonton, March 2, 2012: The REALTORS® Association of Edmonton reports that housing prices were up in all housing categories in February in the Edmonton area. The all-residential average1 price, at $329,911, was up 3.7% from January and up 5.7% when compared to the same month last year.

“Average prices in February were higher than the year-long average price for last year,” said REALTORS® Association of Edmonton President Doug Singleton. “Buyers seem to have confidence and REALTOR® offices are reporting solid traffic. This is lifting prices up and they are already higher than at the same time in the past two years.”

In February, the average price of a single family detached (SFD) home was $375,268, up 3.1% from the previous month. The average price of a condominium in February was $234,973, up 8.5% from the January price. This is higher than all months except May of last year. Duplex and rowhouse properties sold on average for $306,491; a 1.4% improvement from the previous month.

Year-over-year prices were also up in all categories. Single family properties were up 4.8%; condos were up 1.7% and duplex/rowhouses were up 0.2% from the same month last year.

Sales and listings by REALTORS® on the Multiple Listing Service® System in February were both up from January and the sales-to-listing ratio recovered from 36% in January to 46% in February. This indicates that less than half of the residential properties listed were sold and provides fresh property options for buyers who may have been looking for several months. Sellers should be pleased to see that the average days-on-market in February was 54; down from 65 in January.

There were 5,976 residential properties in the local MLS® System at the end of January. Although the inventory was up from last month, it is lower than a year ago when there were 6,389 properties available for sale on the MLS® System.

“Nationally the housing still appears to be soft,” said Singleton. “But the local market is much more robust. Consult your local REALTOR® for the most comprehensive local market information. REALTORS® are here when life happens.”

Source:Realtors Assc. of Edmonton

Are Valuations in the Edmonton Real Estate Market Starting to Rise?

Saturday, March 3rd, 2012

This has been one of the most strangest years that I can remember since I started real estate back in 1985. I say strange because it was the busiest January and February that I can ever remember having but by looking at the sales statistics it would appear not everyone was having the same success.

As of today March 03, 2012 there are 2,318 single family homes listed in Edmonton proper on the Multiple Listing System.  That is a reasonable listing level.

In the previous 30 days there were 604 single family homes sold in Edmonton proper through the Multiple Listing System. That is a significant increase over last months sales level.

This would give us a listings to sales ratio of 3.84:1 which is below the 4:1 we need in Edmonton for a neutral or balance market. This tells me that we are starting to see some increased pressure for valuations to start to rise.

If you are a buyer you better buy now before prices go up and interest rates go up. Call me today to help you find your dream home now. Serge 780 – 995 – 6520

Re/Max Dominates The Edmonton Real Estate Marketplace

Thursday, March 1st, 2012

Whether you are thinking about buying or selling it always pays to have the best working for you.

5 Bedroom Bi-Level in North Edmonton

Wednesday, February 29th, 2012

Toview and search all MLS listed homes visit us at http://www.edmontonhomesforsale.biz
Gorgeous Bi-Level in sought after Klarvatten in a fabulous location minutes away from the lake & walking trails. Over 2,000 sq ft of living space this home is in mint condition. The elegant living room features hardwood flooring & vaulted ceilings. The spacious eat in kitchen offers loads of Cabinets & counter space with patio doors leading to a large two tier deck overlooking a generous back yard. Hardwood continues through the hallways & up into the master bedroom with a 4pce. en suite & walk in closet. Two large bedrooms, a 4pce. bath & convenient main fl laundry complete the main floor. Downstairs is a huge family room with brand new carpeting has a warming gas fireplace. Two additional bedrooms & 3rd full bath in the basement will be a great solution to your guest problems. The washer& dryer where just purchased recently. This home is a must see, even the insulation has been upgraded to R60! The landscaping includes plenty of beautiful perennial plants. Only $389,900 Call today before it is gone.
To view and search all MLS listed homes visit us at http://www.edmontonhomesforsale.biz
Serge Bourgoin
Re/Max Elite
780-634-8151

 

Just Reduced in MacEwan for a Quick Sale!!

Wednesday, February 22nd, 2012
To view and search all MLS listed homes visit us at  http://www.edmontonhomesforsale.biz
Just Reduced for quick sale
in Macewan.  Bright and modern open concept 2 storey home situated in a quite crescent with loft. This home is
loaded with great features including maple hardwood flooring throughout the main level, with upgraded carpet and underlay. 9 foot ceilings on the main floor and in the basement. Home comes with roman shades throughout wit a value of approx. $7000. The kitchen features an island with eating bar and has gorgeous maple cabinetry, upgraded black appliances, granite tops with a deep Silgranit sink and lots of cabinet space. Upstairs there is a handy loft perfect for a computer work place. The master bedroom is extra large with a bay window, walk in closet, en suite with corner soaker tub,  and separate shower. The basement has a family room with a roughed-in wet bar and the third bedroom. The backyard is fenced and back onto the school football field. There is a gas outlet for a gas BBQ on the deck off the eating area and lets not forget central air conditioning. Only $414,900
To view and search all MLS listed homes visit us at http://www.edmontonhomesforsale.biz
Serge Bourgoin
Re/Max Elite
780-634-8151

Macewan 2-storey home – $424,900

Monday, February 13th, 2012

Bright and modern open concept 2 storey home situated in a quite crescent with
loft. This home is loaded with great features including maple hardwood flooring
throughout the main level, with upgraded carpet and underlay. 9 foot ceilings on
the main floor and in the basement. Home comes with roman shades throughout wit
a value of approx. $7000. The kitchen features an island with eating bar and has
gorgeous maple cabinetry, upgraded black appliances, granite tops with a deep
Silgranit sink and lots of cabinet space. Upstairs there is a handy loft perfect
for a computer work place. The master bedroom is extra large with a bay window,
walk in closet, en suite with corner soaker tub,  and separate shower. The
basement has a family room with a roughed-in wet bar and the third bedroom. The
backyard is fenced and back onto the school football field. There is a gas
outlet for a gas BBQ on the deck off the eating area. For more information visit
www.edmontonhomesforsale.biz

Just Listed – Upgraded 5 bedroom Daytona bi-level home only $434,900.

Monday, February 13th, 2012

Upgraded 5 bedroom Daytona bi-level home only $434,900. close to Manning freeway, Anthony
Henday, LRT, public transportation, schools,and all amenities. It features a
large master bedroom with walk in closet and 4 pce. en suite bath. There are 2
additional bedrooms on the main floor and 2 more in the fully finished lower
level. The kitchen comes fully equipped with upgraded stainless steel
appliances. It has an open concept with vaulted ceilings. There is hardwood
throughout the main floor. The basement was professionally finished with a
family room with gas fireplace and another 3 pie. bath. The basement carpeting
was upgraded to George Capriani carpet. This large family home comes with custom
made drapes from Columbia, recirculation air system, 3 tiered deck. It must be
seen to be appreciate. For more information visit www.edmontonhomesforsale.biz

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.