red deer: Red Deer Real Estate 2009 Market Update and Beyond - 01/24/10 12:24 PM
We finished 2009, the end of the first decade of the "New Millennium".  This month we've been busy returning to work focusing on new goals for the new Year.  At Century 21 Advantage we have also been preparing for our kick off meeting.  This is the meeting where we present tips, tools and information to our associates so that they can better serve your real estate needs.  This year that involved gathering not just a month or years worth of data but packaging that for a decade and really comparing last year to where we have been in the real estate … (3 comments)

red deer: Red Deer Real Estate, Average Price increases 25.29% in 2009 - 03/09/09 07:32 AM
February is over and March is coming in like a Lion today allowing time to catch up on stats and planning. Sales increased as did the volume of listings from the previous week as indicated above. Sales activity increased by 28% from the week before. Expectations are that March will have more positive sales growth with the reduction in interest rates. Now lets hope mother nature cooperates to provide conditions favorable to viewing homes. February ended in Red Deer, and it ended on a positive note. After experiencing a few months of sluggish sales we experienced an increase over January. The … (0 comments)

red deer: Rise up, Rise Up, Real estate is rising? - 02/12/09 09:50 PM
Real Estate Activity is on the rise! Talk to a few Realtors and you and the response will be that there is in fact more action in the market place. The numbers also reflect that as noted above. There was an increase in listings as well as sales. The weather on the weekend was fantastic. That may have something to do with the amount of traffic I witnessed at 38 Overand Place. I made arrangements to stop in at 1:30 prior to the open house to shoot some video. Well Ken Devoe was there and ready and had his signs up … (0 comments)

red deer: Look at last week in Red Deer real estate - 02/06/09 01:30 PM
Here are the weekly numbers: The blue shaded areas represent homes that did not sell and are still available. We like to see that gap closer if you are selling. The bigger the gap the stronger the "buyers" market. You can see that sales were sluggish to start January 2009. Not to surprising given the doom and gloom in the air. Afterwards we had President Obama inauguration followed by the great Canadian Budget Coalition stand off that has now been resolved. We'll keep you informed. Your Friend in Real Estate, Patrick Galesloot … (0 comments)

red deer: Real Estate Decline Predicted - 01/28/09 08:31 PM
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)

red deer: 2009 Real Estate Market... is 2009 the year to buy real estate? - 01/24/09 04:07 AM
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)

red deer: 2008 Red Deer Real Estate Market - 01/22/09 04:13 AM

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)

red deer: Penhold and Springbrook Real Estate Update: - 06/02/08 08:38 AM
Saturday May 31 I had the pleasure of speaking to the attendees at the community breakfast.  There were approximately 60 residents in attendance.  The topic of discussion was that of an economic update with myself being asked to give a Real Estate update.  
I'm always happy to discuss real estate and changes in the market place with home ownes so I enjoyed the opportunity to do so. 
The house prices in the area have risen substantially over the years.  Our data from the MLS board goes back to 1989.  Back in 1989 the average house sale price in Penhold was $57,071.  … (2 comments)

red deer: Selling in May have you calling out May Day?? - 05/25/08 03:01 PM
Frustrated selling in a buyers market?  Understandable emotion.  Perhaps a more closer look at the weekly stats, and market place numbers and comparing them from 2006 to now will help.
In Red Deer, May was/is , and not your typical movie fare, but when it comes to new listings 2008, is a block buster of a year.
It wasn't that long ago we were in a heated seller's market, we only have to look as far back as 2006. Then we started transitioning out of that frenzy in 2007 to today's buyer's market. Each market has it's good points and bad … (1 comments)

red deer: Red Deer getting Greener - 04/26/08 05:51 PM
Red Deer is divided by the Red Deer River which creates are lush attractive parkland community.  Not to sit by and let this precious resource by squandered.  The City of Red Deer recently approved measures to conserve water.Council moved the following bylaws this week.
"That Bylaw 3215/B-2008 be read a first time. (Proposed amendment to the Utility Bylaw. Requirement for Low Flow Plumbing Fixtures for new construction or renovation projects that require a plumbing permit for a residential, commercial, industrial, or institutional structure)."
The Council also set up a rebate program for residences to switch form older higher water user toilets to more … (1 comments)

red deer: Credit Cards, the free gift effect - 04/21/08 07:51 AM
We walk by those "Enroll now and get a free gift" credit card tables all the time.  If I have all those department store cards, how does that affect me?  Does this "potential" debt capacity matter?  What if I never use them?  I just signed up to get the free Hockey Jersey or other "Free Gift".
The question back to you or I is, are you using them?  Are you carrying a balance?  At the end of the day it all adds up.  If you are carrying multiple balances and multiple minimum payments this can affect your mortgage application.  
My … (1 comments)

 
Patrick Galesloot (Century 21 Advantage)

Patrick Galesloot

Red Deer, AB

More about me…

Century 21 Advantage

Office: (403) 346-0021

Mobile: (403) 357-9142

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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