edmonton real estate: Look out technophobes! Changes in real estate. - 11/17/09 05:32 PM
Some of you know that I 've lived in Japan for about a decade now. The one thing that is constant here is change. Sometimes if I don't go downtown for a month buildings have changed.Japan leads in new technology. The coolest thing is a square called a QR code that can go anywhere (clothing tags, drink cans, business cards) it acts like a bar code when scanned with a cell phone. The cell phone owner may be led to a website or can pay for the product using the code.That technology reminds me of this:"The listing-sheet box may be going … (5 comments)
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edmonton real estate: Canadian Real Estate Experts Offer Recession Proof Investments - 01/12/09 05:40 AM
How can you own a safe and secure investment without using your own money?Canadians with good credit and steady jobs are feeling stuck on the sidelines when it comes to investing because they lack the funds. Spending their time working, saving for a home or putting money into their RRSP leaves little leftover cash to actively invest.Glenn Simon Inc. offers a unique solution to this common challenge many Canadians face when it comes to investing.Glenn Simon Inc. is an Alberta based wealth building joint venture investment real estate company. The owners, Todd Millar and Danielle Millar, are investment experts who partner … (1 comments)
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edmonton real estate: This And That - 12/09/08 04:30 AM
Housing market hit by economic uncertainty - " A report out from RE/MAX today says the global economic crunch has made an impact on housing sales in major Canadian cities towards the end of 2008.
About 440 000 homes are expected to change hands in Canada this year, that's a 15 percent drop from record levels in 2007.
Here in Edmonton, just under 19 000 homes will have been sold by the time 2008 is said and done with. That would mark an 8 percent drop from last year's number of 20 437.
The average house price in Edmonton dropped only … (1 comments)
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edmonton real estate: Already November - 10/22/08 04:16 AM
I can't believe how quickly this year has gone. It seems incredible there are only two months left to Christmas and that 2008 has for the most part over. What an incredible year with all the ups and downs of the markets both in real estate and stocks. If you were hoping to get into the real estate market this year but still haven't had a chance to take action or just don't know where the market is going (reading the newspapers would make anyone afraid to do anything), there still is time to at least learn about the market and … (0 comments)
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edmonton real estate: They Should Buy More Real Estate - 10/15/08 07:29 AM
I felt worried about our personal losses in the stock market until I read this. "Falling stock prices have sliced roughly $1 billion from the value of Alberta's rainy-day savings account, the Heritage Savings Trust Fund.
Finance Minister Iris Evans told the legislature Tuesday that the value of the Heritage Fund has been reduced to $16 billion since June, a drop of roughly six per cent. But she's downplaying the loss."
Read More
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edmonton real estate: Canadian Property Market Balanced - 08/26/08 05:23 PM
As a whole the recent cooling has balanced out the market of course as an investor your investment area should not focus on the national market but on one specific area. "The property market in Canada is well balanced and prices should rise in line with general inflation, according to economists.
The market has moved from a strong sellers market but it is unlikely to suffer a serious downturn, economists from Scotia Economics say in a new report.
But there are significant regional differences. Former hot locations like Calgary, Saskatoon and Vancouver are now favouring buyers." Read Article
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edmonton real estate: Alberta Investment Company Helps Home Sellers - 07/29/08 12:39 AM
A buyer's market and a flood of listings in the Edmonton, Alberta area leaves stuck homeowners unable to sell. Alberta investment company helps property owner get out of investments they don't want to be in with innovative buying techniques. Read Article Here
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edmonton real estate: Oil Fuels Calgary's Office Space - 07/24/08 01:21 AM
"The energy sector, and the related services to it, are the prime drivers of office space demand in the downtown core without question,"
"We're also seeing growth in the financial services sector as well. And we're seeing a lot of interest as the capital budgets continue to increase for not only conventional, but also oilsands related development, and the staggering budgets for those projects. The financial services sector is also increasingly looking, from frankly around the world, (to locate) branches here and increasing the size of the offices they have here." Richard Pootmans, business development manager of real estate for Calgary … (0 comments)
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edmonton real estate: Good Points If You Are A Seller - 06/27/08 12:23 AM
First of all if you are trying to sell in Edmonton better make the deal pretty sweet because about 11,000 other properties are on the market looking for a new owner. To be frank I wouldn't sell now unless I had a pretty good reason.If you are an investor then why not ride out the dip and wait for the low unemployment, high provincial in-migration and stupendous economy to see you right?For those of you who are just trying to sell your home then this advice is quite useful:
"What about the seller? Should he despair? Not at all! Firstly, if, … (4 comments)
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edmonton real estate: This And That May 2008 - 06/02/08 12:24 AM
Tax hikes on the way for 2009, Edmonton council warns - As property tax bills land in mailboxes throughout Edmonton, city council is already warning that next year's bills will be at least nine per cent higher.
A city report released Wednesday estimates municipal taxes will need to be raised by at least 9.4 per cent to help cover the costs of running the booming city.
Wal-Mart doubling Alberta supercentres-"Alberta is a wonderful part of the country . . . and it's a wonderful place to do business," "It's always been one of our strongest markets." "your economy has been booming … (3 comments)
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edmonton real estate: Alberta 2020 - Alberta Oil Sands - 05/31/08 12:47 AM
Alberta oil sands have proven oil reserves that will and can supply oil for many major markets around the world. This video is very interesting and very well done. … (6 comments)
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edmonton real estate: Real Estate Insider Conference - 05/30/08 02:28 AM
As you may well know we are card carrying members of REIN and really believe that the program and the ACRE system have been crucial to our investing success. Don R. Campbell, the president of REIN, is hosting a series of 90 minute conference calls that anyone can listen to.He has highlighted regions such as Alberta, Ontario and B.C he touches on the three F's (Food, Fuel and Fertilizer) and how best to build a portfolio in an up, down or flat market.Click Here to listen to the call
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edmonton real estate: I'll Take The Bait - 05/28/08 02:17 AM
After checking my Google alerts it looks like the only thing in the news today is that people are leaving Alberta to buy houses in Eastern Canada.
"A serious influx of Western Canadian purchasers has bolstered housing sales in every Atlantic province. Tremendous job opportunities available in Alberta that allow commuting to and from the East Coast have served to further strengthen home-buying activity in the region. Last, but certainly not least, after living in Western Canada for many years, more and more Maritimers are returning home."Michael Polzler, Re/Max’s regional directorIt is not an uncommon trend, look at real … (1 comments)
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edmonton real estate: Watch The Property Values Rise - 05/10/08 01:41 AM
We've generally stayed away from Alberta Ave because the headaches of managing and tenanting the property far outweighed the low price tags. However, with an $8.5 million , 5 block-per-year revitalization in the works it's starting to look more and more attractive."Alberta Avenue, the 27-block stretch of 118th Avenue north of downtown, is getting a facelift. Crews are beginning work on "streetscaping" five blocks of the avenue, putting in new road surfaces, new and wider sidewalks, new trees and better lighting." Susan Ruttan, edmontonjournal.comDon R. Campbell often says to not be the first in the area to start the gentrification but … (2 comments)
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edmonton real estate: This And That - 05/08/08 12:50 AM
What Edmontonians think about the real estate market - "Eventually my house will be worth more than I paid for it. Until then I am enjoying being my own landlord. I am here for the long haul." TerryProvince promotes environmental hotline -"We have the rapid-response team, we have the emergency personnel, we have the expertise and we have the capacity to deal with it, (environmental issues)"Environment Minister Rob RennerAlberta can handle oil-price drop: economist -"Companies are investing very prudently right now and can still make good money at $70 a barrel,"Peter Hall, economics vice-president of Export Development Canada.
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edmonton real estate: Edmonton Is Still A Deal - 04/29/08 02:05 AM
You wouldn't think so with all the negative news and complaining that goes on but compared to other major Canadian centers Edmonton is a bargain for housing and cost of living."With health-care premiums being eliminated next year in the latest Alberta budget, Albertans, new and established, have one more reason to feel they live in one of the most economical areas of the country. Housing prices have softened a little in the past few months, but recent figures show the average home in Edmonton is selling for $353,000. According to MLS listings, in Greater Vancouver a similar home sells for $581,000 … (0 comments)
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edmonton real estate: This Is A Good Strategy For Any Investment - 04/21/08 12:48 AM
This article is geared to stocks and day trading but I think it applies to real estate as well. "The pros talk about nervous, quick-on-the-trigger traders as the "weak hands" in the market. But the nervousness is really just human nature. It isn't easy to hold on to an investment that's down, even if it was up for several years. When the markets are roiling, many investors panic and sell. And that's exactly the wrong approach.When the same professionals mention "strong hands," they are talking about investors with a longer time horizon. These savvy investors swoop in when everything is beaten … (5 comments)
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edmonton real estate: Who Says Landlords Never Give Back? - 03/26/08 06:17 PM
An Edmonton landlord struggles to keep the school near his complex open and is willing to pay to make that happen."Reg Appleyard, Meadowcroft Housing Society of Edmonton's executive director, told public school trustees that he will guarantee 110 students are enrolled in Woodcroft Elementary School by Sept. 15, and the society will pay nearly $5,000 for every student short of the goal, up to $98,224 or a shortfall of 19 kids." Photo courtesy of Edmonton Journal.Relying on 30 years of accumulated reserve funds, Reg sees this as the biggest crisis the complex has had to face, and is willing to pay … (1 comments)
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edmonton real estate: "Is the Alberta Boom set to Bust?" - 03/21/08 07:43 PM
Good question if you think in a Boom and Bust mentality..
This is a reply to "Is Edmonton Real Estate Too Hot?"
In reality what you have happening in the province of Alberta, specifically Edmonton, Calgary and Red Deer cities is a healthy slow down in the market. It's not a Boom and Bust. It's not a 'Too Hot', in fact it has slowed enough to become a buyer's market- opening up the market for the first time in the past 2 years. When a market is firing on all cylinders it has growth stages and moderating stages where it absorbs the outflow … (0 comments)
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edmonton real estate: What Do We Do Exactly? - 03/19/08 07:50 PM
Recently a lot of people are asking what exactly is a joint venture investment and "What DO you guys do?"To put it simply:We leverage our time, knowledge, expertise, contacts and education for investment capital and we own the asset/property we buy 50/50.
OUR ROLE1. Choosing quality revenue properties using a proven real estate system - this often means searching through 100's of properties in select areas. It takes time to find a good property in an appreciating area that is a deal. Most people look at a maximum of 10 properties we look at 100s.2. Purchased undervalue and/or with a decreased … (2 comments)
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