Edmonton Real Estate Blog 
The Kobe Bryant Of Real Estate....
Friday, March 12th, 2010 at 8:58am. 4 Views, 0 Comments.
Many of you know that when it comes to having a passion in life, one of mine is Kobe Bryant & the Los Angels Lakers. Kobe Bryant is one of the best basketball players ever, and when his career is finished he will be the G.O.A.T (Greatest Of All Time). When it comes to Real Estate I strive to be no different then him. Here are some of the reasons why we are similar besides the Maseratis Quattroporte GT S:
Kobe: In the last 5 minutes of the game, if the Lakers are losing Kobe will take over and make sure the Lakers win that game.
Me: If the Real Estate deal looks like it's falling apart don't worry, when it comes to negotiating your offer I almost never fail.
Kobe: Mr. Bryant's shooting accuracy is amazing. When Kobe has the ball in his hands, their…
What the F*** is the Edmonton Real Estate Market doing???
Monday, March 1st, 2010 at 11:04am. 53 Views, 2 Comments.
Everyday I’m asked the same question “Is the market going to go up or down?” And everyday I respond with, “It’s hard to tell, if I knew for sure I won’t be here, I would be living on my private island in the South Pacific living like a king.”
But with that being said let me attempt to breakdown where the market is going.
Right now in Edmonton we seem to be sitting at a balanced market. The homes that sat throughout the winter seem to be moving a lit bit more. Traditionally winter is suppose to be the slow time for Real Estate, so as the snow starts to melt the buyers tend to come out and the winter sellers tend to drop their prices.
With the new mortgage rule creeping up we have also noticed the amount of pre-approved buyers has also risen.The average…
President Obama, The Ultimate Sales Person....
Saturday, February 20th, 2010 at 9:55am. 66 Views, 0 Comments.
It has been over a year since Barack Hussein Obama II was elected the president of the United States of America. During his campaign I wrote a blog article; what sales and marketing tips can small businesses and sales and marketing professionals learn from the Presidential candidate.
For some reason the President is now out of favor with a lot of Americans, who knows why? The man was given 8 years of bullshit and is expected to fix it right away. Anyways, I try to limit my views on politics because it can be a waste of time. The blog article I wrote last year still very relevant so I decided to publish it again….
Presidential candidates have the largest sales and marketing challenges. Presidential candidates have to sell themselves and their…
Waiting To Get A Mortgage? Time Is Running Out
Friday, February 19th, 2010 at 8:32pm. 48 Views, 0 Comments.
Finance Minister Jim Flaherty and the Federal government have decided to implement new mortgage standards when applying for a mortgage. Mr.Flaherty says that these new rules are necessary in order for Canada to avoid a housing bubble, and Canadians to better manage their debt when interest rates rise.
These new rules will take effect on April 19, 2010. In some cases these rules will make it harder for first time home buyers, investors looking to obtain rental properties and people who want to refinance their existing property.
The new rules are as follows:
- Borrowers will need to qualify using a 5-year fixed rate regardless of what term and interest rate they choose. If you want a 1.95% variable rate, for example, you will need to show that you can…
Edmonton's Subsidized Housing
Tuesday, January 26th, 2010 at 1:32pm. 67 Views, 0 Comments.
Since the late nineteen-fifties, the neighbourhoods east and northeast of Edmonton have always been notorious for being crime-ridden and tough places. McCauley was comprised mostly of refugees from Europe during the second world war. Sometimes these displaced persons were referred to as DPs.
Most citizens did not welcome these refugees into other parts of the city. Now days, still the neighbourhoods are known for their miserable poverty and mind-numbing social problems. Some describe it as a home for the homeless.
Of course, the area has the highest crime rates in the city of Edmonton. Not only does the area have crime, it has many great real estate deals waiting for buyers. The demand for quaint, older homes is on the rise and the neighbourhoods…
Eco-Friendly Homes
Wednesday, January 20th, 2010 at 10:44am. 29 Views, 0 Comments.
Eco-friendly homes offer many benefits, including cheaper living costs and a smaller footprint on the earth. An eco-friendly home can create less pollution and better energy efficiency by preserving natural resources, such as water and gas. Many times, eco-friendly homes are appraised at 15% greater value that conventional homes of the comparable size.
Energy efficiency is a major variable in determining how eco-friendly a home may be. There are many ways that a home can become eco-friendly, including double-paned windows, Energy Star appliances, and reasonably sized heating and cooling systems. Insulation in the walls and attic can play a major role in saving energy inside a home. The allowance of natural light and sealed windows and doors are two key…
Do Condo Fees Really Suck?
Tuesday, January 5th, 2010 at 9:05am. 66 Views, 0 Comments.
Most people are reluctant to buy condos because they do not want to incur the fees that come along with ownership of a condominium. The fact is that many of these fees are not out-of-the-ordinary, and many of them simply cover the costs of living, such as maintenance and daily upkeep.
Condo fees are simply each condo owner's share of expensive that the condominium corporation incurs to keep the building in prime condition. A recent law, The Condominium Act, states that all the expenses incurred by the condominium corporation to keep the building functioning properly are common expenses that each condo owner is responsible for paying his or her own share. Each year, the board of the condo complex must create a budget to estimate the overall costs of…
Canadian First Time Home Buyer's Tax Credit
Monday, December 28th, 2009 at 10:15am. 64 Views, 0 Comments.
We’re quickly approaching that time of the year where people all over the world will be filing taxes and countless people will be trying to write off everything but the kitchen sink on their returns. Is this really necessary with the new First Time Home Buyers Tax Credit (HBTC)? I suggest people take long, hard look at this non-refundable tax credit because you could very well qualify for this little nest egg.
There are quite a few stipulation involved; however, an additional $750 is also involved and you will definitely know if you’re eligible once you take a long, hard look at the qualifications.What do you have to lose? Actually nothing; but you do have an additional $750 to gain. I advise all Canadians to take a good look at the First Time Home…
Cold As Hell...
Monday, December 21st, 2009 at 9:19am. 54 Views, 0 Comments.
The only place in the world that was colder then Edmonton Alberta Canada on December 13, 2009 was Siberia. With the wind chill the temperature reached a frosty -59 degrees Celsius or -79 degrees Fahrenheit.
It was one of the coldest nights of the year and many in Edmonton had to endure a blackout that lasted 12 hours. Many in Southeast Edmonton were caught off guard when an underground cable snapped cutting power to thousands of residents.
From 7:00 Sunday night until 7:30 Monday residents were stuck having to bundle up in order to keep warm. In addition to the actual outage, crews also had to contend with several other problems that delayed the repair process.
A Spokesman for EPCOR said that by early Monday all of those affected had power restored…
Real Estate Prices Hit All Time High
Wednesday, December 16th, 2009 at 1:09pm. 62 Views, 0 Comments.
What do you get when you have a economic meltdown meet a real estate boom? The result is an increase in the prices of new homes in the immediate Edmonton area. This is a good sign as well as a bad sign. The reason for this is because there are more homes for sale at slightly higher prices. The bad news is that people will not be able to afford these homes and as a result are not buying.
This is not the first time that this trend has occurred and will not be the last time it occurs. The housing market has a habit of turning itself around and as a result many times leads to there being a resurgence in the number of new homes being bought. Judging by the latest numbers to be released it is a safe bet that many of these trends are beginning to show…
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