Edmonton Real Estate - So What Is Wrong?

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 is for sure" about real estate, but sales agents "are not concerned about the health and vitality of the Edmonton market," association president Marc Perras said in a statement.

"Buyers still have lots of choice." But sellers are encouraged by the reduction of sales waiting time. "And sale prices are typically close to the listed price," Perras said.

It makes me think writers need to get a thesaurus and get their adjective usage under control.

Posted by Todd & Danielle Millar on 03/04/2008 06:28 PM

Comments (3)

invest in real estate, invest in alberta, invest in edmonton, alberta real estate, oilsands real estate investments, tarsands investments

This post has been included in Alberta Information Edmonton Region, AB Information

3 Comments on Edmonton Real Estate - So What Is Wrong?

Keep up the blogging. Don't get discouraged. Stalled tells me no activity is happening, is that true?

03/04/2008 06:35 PM

by Brian Sharkey South Florida Realtor (Riverside Properties)

Hi Brian - not stalled at all! I can't understand journalists they will use any attention grabbing headline to get people to read their articles.

03/04/2008 06:41 PM

by Todd & Danielle Millar (Glenn Simon Inc.)

Things have started hopping out here, too. It was slow many times during the second half of last year, but looks like prices are entering the 'buy' zone. Thanks for the great info for Edmonton and Alberta...that's where all the snow birds with vacation homes in Hemet live!

03/04/2008 07:06 PM

by Hemet Home Loan Guy, Joey Aszterbaum (Patrion Mortgage)

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Real Estate - Other: Todd & Danielle Millar (Glenn Simon Inc.)

Todd & Danielle Millar
Edmonton, AB
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Glenn Simon Inc.

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