Real Estate Decline Predicted - 01/29/09 04:31 AM
AREA predicts decrease in prices and sales for real estate 2009.
I'm in Banff today, at the Banff Western Connection Conference. A conference geared towards Realtors and Real Estate Associations from Western Canada. It is also open to Realtors from all over not just the western provinces. While it is not surprising that we are hearing a prediction regarding a decline in real estate as that has already been happening for a while now. If you've been reading my posts you already know this. Each week I've been posting "Weekly Real Estate Updates", and many of those updates in the last … (4 comments)

Real Estate, budgets and drop in prime, what does that mean to you? - 01/27/09 10:48 PM
I’ll tell you, it’s a good thing. A rate drop means that borrowing money to buy a house or that line of credit is cheaper. Those home equity lines of credit with variable rates are looking pretty darn good these days. Now this budget delivered today would have us getting credits and reductions. Putting more money into our pockets to buy the things we need. This combined with some of the best buyer selection for real estate in many years equates to now being a good time to buy. The rates:
A 50 point drop means to you or me a savings. … (0 comments)

Century 21 launches High Resolution Photos for properties - 01/25/09 11:14 AM
Showcase 21, the ultimate photo showcase for looking at real estate online!
CENTURY 21 Canada has released a new enhancement to its real estate website that allows visitors to view full-screen photos of listed homes.
 
The feature, called Showcase21, provides fast and easy access to large, clear photos of properties. Property listings with 21 photos are identified with a "21 Photos" starburst, and when available in high resolution format, the Showcase21 logo will be displayed as well.
Click here to see the new full sized photos available on listings! Ask your Century 21 Advantage Associate about having 21 photos … (2 comments)

2009 Real Estate Market... is 2009 the year to buy real estate? - 01/24/09 12:07 PM
My earlier blog post I asked you 4 questions and to email me your thoughts. http://www.century21.ca/patrick.galesloot/Blog/2008_Red_Deer_Real_Estate_Market
Where do you see house prices going long term? How long do you plane to live in that house? Should you wait? Can you afford to wait to buy based on past price trends? In follow up I received comments that got me thinking some more about the questions and the responses. The response was a definitive "YES" real estate values will go up long term, but overall people are apprehensive about doing so in a "down" market.
There are different factors influencing your … (0 comments)

What i wish the weather was like today - 01/23/09 10:54 PM
Wishful thinking today as it is cold, very cold -27C plus windchill. Brrrr From Red Deer, Alberta
 
 
 
 
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2008 Red Deer Real Estate Market - 01/22/09 12:13 PM

The numbers are in and we've been reviewing the 2008 Red Deer real estate market quite a bit here at Century 21 Advantage.
Quite a journey it has been with highs and lows in financial markets, and changes to price frequently. There were a lot of sales in the City of Red Deer. The graphs below are compiled form MLS data provided by the Central Alberta Realtors Association.

The average price for 2008 when combing sales for all product types (mobiles, apartment condos, townhouses, duplexes, and single family homes) was $301,363. That is certainly where the spike of the … (0 comments)

 
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Patrick Galesloot

Red Deer, AB

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Century 21 Advantage

Office Phone: (403) 346-0021

Cell Phone: (403) 357-9142

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Patrick Galesloot is a Realtor® with Century 21 Advantage. Century 21 Advantage is a full-service real estate office. We specialize in serving Red Deer and surrounding area. Our associates live in the communities we serve and know the cities you call home such as Ponoka, Lacombe, Sylvan Lake, Blackfalds, Penhold and Red Deer. We can help make your move to your new home comfortable and easy. Learn more about Patrick at http://www.PatrickGalesloot.com or Century 21 Advantage at http://www.Century21Advantage.ca Real Estate information specific to Central Alberta, Red Deer area, and resources for buyers and sellers.


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