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Zone 14, Edmonton Real Estate
I have sold a property at 275 BULYEA RD in EDMONTON.
Beautiful fully renovated 2 story home with attached double garage in prestigious Bulyea Heights. You'll be delighted with the new flooring throughout the main floor. Impressive bright open kitchen with new granite counter tops and brand new appliances. Relax and enjoy in front of the majestic brick fireplace in the family room. Spacious living room with vaulted ceiling open to the second floor and a formal dining room perfect for entertaining your friends and family. 2 piece bath and a large laundry completes this main floor. On the upper level you will find 3 spacious bedrooms and a 4 piece bath. The master bedroom offers a luxury spa like ensuite and a large walk-in closet. A large fully-landscaped backyard with huge new deck perfect for barbeques and entertaining. New roof, new flooring, new counters and the list goes on. Easy access to the Whitemud, Anthony Henday, Terwillegar Drive, shopping, schools & much more. A PERFECT FAMILY HOME IN GREAT RIVERBEND LOCATION
Rapperswill Housing Sales Report - Rapperswill Homes For Sale - Edmonton
Posted on
April 30, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Rapperswill:
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Oxford Housing Sales Report - Oxford Homes For Sale - Edmonton
Posted on
April 29, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Oxford:
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Lorelei Housing Sales Report - Lorelei Homes For Sale - Edmonton
Posted on
April 27, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Lorelei:
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Real estate’s cycles hard to predict - Best to time home purchase to your own needs
Posted on
April 26, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
EDMONTON - Spring is officially here and with it comes the real estate season.
“Spring is definitely the busiest season for both buyers and sellers,” says Doug Singleton, 2012 president of the Realtors Association of Edmonton. “We see a lot of activities and transactions from March to June every year. Land titles are busiest at the end of June and July because of all the activity that happens in the real estate market in the spring. July and August tends to slow down because of holidays and vacations. Things tend to pick up again in September, October and even November but then activity generally slows down again in the winter.”
In fact, the March-to-June period accounts for almost half the sales in the entire year.
This year, the statistics suggest that February was an unusually strong month for real estate federally, provincially and here in Edmonton. But does this stronger winter season mean a slower spring? March statistics seem to suggest otherwise.
According to data from the Edmonton Real Estate Board, sales and listings by were up last month. Listings were up 23.5 per cent from February and sales were up 24.5 per cent. The average price of a single family detached home in Edmonton was $380,083, up 1.3 per cent from February. The average price of a condominium in March was $231,629, down 1.4 per cent from the February price.
While our market appears to be quite calm, other places like Toronto have red-hot markets where unconditional offers and multiple offers are common place.
Fear of rising interest rates
There’s continued speculation that interest rates will rise, making it tougher for Canadians who are leveraged too much. Will Canadians try to get their purchases in before these rates come? Will this mean more activity? Or will higher interest rates make it more challenging, particularly for first-time homebuyers? Of course, interest rates may remain unchanged, given Mark Carney’s reluctance to raise them in fear of massive debt levels in Canada.
Is there a best time to buy or sell?
March’s sales-to-listing ratio was unchanged, usually a signal for market stability. Singleton says that the seasonality of the real estate market changes the number of both buyers and sellers, and therefore both supply and demand. In spring, there is more demand for real estate, but also typically more supply, so we don’t usually see spikes in prices. The opposite occurs in a typical winter, when there are fewer houses for sale, but also fewer buyers.
Basic economics suggest that prices go up when there are more sellers than buyers and prices go down when there are more sellers than buyers. If there is an increase to both buyers and sellers you can have an increase in activity but not necessarily an increase in price.
Don’t try to time the markets
Buying real estate can be similar to buying stocks or mutual funds, from the perspective that it should not be about timing. Just as no one knows what will happen to the price of stocks, no one really knows what the spring will hold for the price of real estate. Maybe February stole some sales from March and April and prices will not increase as a result. Or maybe, the data from February and March were just a sign for higher activity in the spring. Who really knows? Only time will tell us the direction of real estate prices.
Buying a place to live should be about fundamentals, not timing or forecasting prices. If you think about it, there are always good reasons to buy real estate and always reasons why it may be a bad time to buy. If you’re in the market, remember to keep your focus on the things that matter, and try not to worry about the factors you cannot control or predict.
Hudson Housing Sales Report - Hudson Homes For Sale - Edmonton
Posted on
April 26, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Hudson:
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Elsinore Housing Sales Report - Elsinore Homes For Sale - Edmonton
Posted on
April 25, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Elsinore:
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Dunluce Housing Sales Report - Dunluce Homes For Sale - Edmonton
Posted on
April 24, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Dunluce:
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Cumberland Housing Sales Report - Cumberland Homes For Sale - Edmonton
Posted on
April 23, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Cumberland:
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Chambery Housing Sales Report - Chambery Homes For Sale - Edmonton
Posted on
April 22, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Chambery:
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Carlton Housing Sales Report - Carlton Homes For Sale - Edmonton
Posted on
April 21, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Carlton:
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Carlisle Housing Sales Report - Carlisle Homes For Sale - Edmonton
Posted on
April 20, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Carlisle:
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Canossa Housing Sales Report - Canossa Homes For Sale - Edmonton
Posted on
April 17, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Canossa:
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Caernarvon Housing Sales Report - Caernarvon Homes For Sale - Edmonton
Posted on
April 16, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Caernarvon:
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Beaumaris Housing Sales Report - Beaumaris Homes For Sale - Edmonton
Posted on
April 15, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Beaumaris:
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Baturyn Housing Sales Report - Baturyn Homes For Sale - Edmonton
Posted on
April 14, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Baturyn:
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McQueen Housing Sales Report - McQueen Homes For Sale - Edmonton
Posted on
April 13, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of McQueen:
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Mayfield Housing Sales Report - Mayfield Homes For Sale - Edmonton
Posted on
April 12, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Mayfield:
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High Park Housing Sales Report - High Park Homes For Sale - Edmonton
Posted on
April 11, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of High Park:
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Grovenor Housing Sales Report - Grovenor Homes For Sale - Edmonton
Posted on
April 10, 2012
by
Bill Bhamra, REALTOR® Edmonton Homes for Sale
Reporting Period: January 1, 2011 – December 31, 2011
Summary of single family homes sold in community of Grovenor:
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