Real estate blog entries tagged with invest in edmonton by Todd & Danielle Millar (Glenn Simon Inc.)

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invest in edmonton: REIN's Alberta Top Ten Towns - 08/27/08 06:35 PM

REIN (Real Estate Investment Network) has released it's Alberta Top Ten Towns and once again Edmonton is the best place to invest in Alberta. A market full of fear and banks tightening up on lending due to the sub prime mess in the states doesn't negate the fact that some markets … (3 comments)

invest in edmonton: This And That - 06/30/08 01:16 AM

Real estate meltdown? Not likely - "It's true that a few Canadian cities are showing much smaller price declines - Edmonton down by 4.9 per cent in the past year, Calgary down 2.4 per cent and Windsor down 5.5 per cent - but only in Windsor does this reflect economic distress. … (0 comments)

invest in edmonton: 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 … (4 comments)

invest in edmonton: Before You Buy With Your Brother - 06/13/08 07:15 PM

When I hear people say that buying investment real estate is dangerous or risky it makes me wonder what could have happened to make them feel that way. Sometimes its a sour deal or bad tenants but more often than not it's who they bought the property with.It's easier to buy … (2 comments)

invest in edmonton: How To Avoid Buying A Drug House - 05/20/08 11:30 PM

Todd wrote this article to help house buyers and investors make sure they aren't getting a huge financial and environmental headache when they pick up that "deal" down the street."Sadly, we live in dangerous times. We not only have to be careful of shoddy plumbing jobs, leaky roofs and shifting foundations, … (5 comments)

invest in edmonton: Balanced Market Let's First Time Buyers In - 04/24/08 01:35 AM

Last year when prices in Edmonton rose close to 50% first time buyers were afraid they would never be homeowners. The frenzy that resulted in "conditionless" contracts, bidding wars and listings on the market for mere days left a lot of people feeling out of control in their buying. The attitude … (0 comments)

invest in edmonton: Oh Look, Someone Else Discovered Alberta! - 04/22/08 08:23 AM

This great nugget is from www.marketwatch.com:"A boom of unprecedented dimensions is sweeping Canada's spectacularly scenic western province of Alberta, the Texas-sized territory with a population of 3 million that is home to a pair of world-class cities -- Calgary (population 1.2 million) and Edmonton (population 1.1 million)." Marshall Loeb, Market Watch … (0 comments)

invest in edmonton: Alberta Closed For Renovations - 03/31/08 06:40 PM

As you’ve probably already heard, the Alberta provincial government announced last Wednesday that the province would be shutting down its borders for the next 18 months beginning April 2nd 2008.
The announcement was made after repeated complaints by citizens that the economy was growing too fast, salaries increasing too rapidly (along with … (4 comments)

invest in edmonton: Hot New Deal - 03/24/08 07:59 PM

Your estimated return is 23%+ annuallyTurbo charge your portfolio. Stylish 1/2 Duplex: 3 bdrm, 1.5 baths, plus garage in Millwoods SE Edmonton. Wonderful area, with nearby access to Ring Road and oil projects.
Poised for massive growth. This 2003 built 1270 sq ft home rents for top dollar and has everything arranged, … (0 comments)

invest in edmonton: "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 … (0 comments)

invest in edmonton: 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 … (2 comments)

invest in edmonton: Edmonton Has Fat Coffers - 03/06/08 07:20 PM

The city had a budget surplus of $34.4 Million in 2007. Some of the excess funds are planned to go to infrastructure, a new sports complex and other projects."I know it's frustrating and I don't blame the public. I don't necessarily disagree with their position either, but sometimes it's hard to … (4 comments)

invest in edmonton: Edmonton Real Estate - So What Is Wrong? - 03/04/08 06:28 PM

Nothing.
I read an article about the prices in Edmonton being stalled (which to me generally denotes stopped/not working/dead). Then the writer went on to say that houses are:
• selling for near list prices
• not staying on the market long
• in strong demand
These are good things right?
Ending with this quote,
"Nothing … (3 comments)

invest in edmonton: Can Mentors Be Virtual? - 02/26/08 09:00 PM

The Financial Post has a sub-section under Small Business called "12 Weeks To Start-up" which is to help new entrepreneurs get started and motivated by successful people in business.
This week Century 21 Real Estate Canada's founder Peter Thomas was interviewed to speak on his "virtual mentors" in his early start- up … (0 comments)

invest in edmonton: Right To The Top - 02/23/08 03:52 AM

Over the last ten years Edmonton has seen and incredible 203% increase in housing prices."Never before have we seen such a continuous run-up in Canadian real estate. Clearly, strength in all markets has been directly linked to solid growth in local, provincial and national economies. Low interest rates, job security, and … (3 comments)

invest in edmonton: Don R. Campbell For The Edmonton Journal - 02/15/08 07:48 PM

spoke with The Edmonton Journal to warn investors of falling for hype, thinking short-term and not looking "Behind the curtain" when investing in real estate.He explained what we can look forward to in the Albertan market,"Edmonton's housing prices, which fell 11.7 per cent during the last half of 2007, will dip … (1 comments)

invest in edmonton: This And That - 02/12/08 10:01 PM

Stelmach unveils green plan - Stelmach announced that if re-elected March 3, the provincial Tories will spend $50 million turning the river valley into the world's largest continuous park, running from Devon to Fort Saskatchewan. Beneath university's land there lies a mystery - and possible oil riches - Nobody knows quite … (0 comments)

invest in edmonton: January's Record Means More Deals For Buyers - 02/06/08 08:03 PM

"Near-record January sales indicate that housing sales will remain strong in the Edmonton area as buyers and sellers adjust to the new pricing levels," Realtor Association of Edmonton president Marc Perras
Purchasing a property with great terms or at a reasonable price is a lot easier now than it was 6 months … (1 comments)

invest in edmonton: Hidden Gold in My Boot - 02/01/08 05:04 PM

Yesterday I found a gold nugget in the boot of my car. My friend asked me over to his place to get a second set of eyes on it before he listed it for sale. He’s spent the good part of a year renovating the 2 houses on both sides of … (5 comments)

invest in edmonton: Keeping Perspective - 01/31/08 09:32 PM

Mark Milke wrote this excellent article for the Edmonton Sun. If you are unhappy with the economic boom in Alberta now, then perhaps 1988's statistics will help you see the light - 9.7% unemployment and 18% interest rates. Seems unbelievable doesn't it?
"So let's keep present problems in perspective, even with … (3 comments)

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