Edmonton Real Estate Blog 
Buyers Look At Houses From A Psychological Perspective
Thursday, July 29th, 2010 at 4:24pm. 3 Views, 0 Comments.
It seems that we as a species even view the purchase of a home from a psychological vantage point. The process should be about finding a property that suits, that it is a business transaction with none of the nuances that are associated with other pursuits, such as…dating?
But apparently, if you are an attractive female real estate agent, chances are you will get more bucks for the house you have on the market, no matter if the buyer is a man or a woman. Yes, men apparently do tend to respond more to the attractive female agent than women, but both sexes apparently feel that looks do count in a sales agent. Surprisingly enough, attractive male agents didn’t have much influence on the sales outcome with either men or women.
Another thing that surprised…
Cost Effective DIY, Light Fixtures...
Tuesday, July 27th, 2010 at 8:19am. 18 Views, 0 Comments.
If you are looking for an easy and simple renovation, which will provide a good return on your money; look at installing new light fixtures and bulbs. As long as no re-wiring or heavy electrical work is required, this is something almost anybody can do.
Make sure you have enough lighting in the property to make it feel bright and alive. If you live in or are looking to rent out a basement apartment, think about adding more light by using strategically placed lamps and flame free candles. Tenants and customers always comment on how bright and spacious a home is.
When changing light fixtures make sure you do so in the most obvious of places; the kitchen, bathrooms and master bedroom. Choosing brighter bulbs like LED's, halogens are ideal for these areas.…
Michael Cunningham Breathing Healthy Sighs Of Relief
Tuesday, July 20th, 2010 at 4:06pm. 16 Views, 0 Comments.
Michael Cunningham got his new set of lungs despite having come down with a flu-like illness that later turned out to be H1N1. Cunningham, age 52, was born with a genetic disorder that eventually caused his airways to become blocked. Known as chronic obstructive pulmonary disease, it often shows up as asthma, emphysema and bronchitis, or a combination of all of them.
Since Cunningham’s case was critical, the University of Alberta Hospital went ahead with the operation. The surgery went off without a hitch despite the infection. On further testing, the donor lungs showed that they had the H1N1 virus, but the actual donor showed a negative test.
That was in November of 2009. Today Cunningham has recovered from surgery and can breathe freely. Always…
Housing Starts On the Rebound, May Reach Pre-2008 Levels by End of 2011
Monday, June 28th, 2010 at 1:27pm. 63 Views, 0 Comments.
Although there may be a few hiccups along the way, single-family home construction could return to pre-recession levels by the end of 2011, according to a major federal agency.
The Canada Mortgage and Housing Corporation is predicting a 36-percent rebound in the construction of single-family houses in 2010, and another increase of eleven percent next year. Housing starts may be in the area of 6,500 this year, and 7,200 in 2011. These estimates are almost comparable to pre-recession levels of 7,777 housing starts that occurred in 2007.
Richard Cho, senior analyst with CHMC, said that demand for new homes is now stronger, and inventory is lower. For the first four months of 2010, detached home construction totaled 2,170, indicating that the housing industry…
Atlantic No. 3 Oil Well Blowout Helped Shape Alberta’s Oil Drilling Industry
Tuesday, June 15th, 2010 at 11:16am. 75 Views, 1 Comments.
The Gulf of Mexico is being sullied by oil spilling from an oil well on the ocean floor off the coast of Louisiana. In 1989 the Exxon Valdez coated vast parts of the Alaskan wilderness. Both of these events got, and in the case of Louisiana, are getting world wide attention. But before there was such a thing as the internet, or satellites that provided instant pictorial footage for all to see, Alberta had its own oil disaster.
On March 8, 1948, Atlantic No. 3 blew its top. Two men working on the rig at the time barely escaped with their lives, hiding out behind a pile of drilling mud as the well threw out mud, shale and then a geyser of oil and gas that was 50 metres high.
Some of that oil landed on farmer’s buildings and fields almost eight miles away.…
Edmonton Expecting Resale Home Prices To Rise Significantly By 2011
Tuesday, June 1st, 2010 at 2:38pm. 223 Views, 0 Comments.
Edmonton’s home prices are expected to take a big leap in 2011. Experts from the Canada Mortgage and Housing Corporation encourage potential buyers to take the leap this year if at all possible. Next year resale home prices just might give your pocketbook a much bigger squeeze.
In fact, this same organization is predicting the prices are going to rival those of the 2007 real estate boom. In 2007, the average Edmonton home sold for $338,000. That same type of home is expected to go for an average of $345,000 in 2011. These figures include condos and single family homes together.
There is a balanced market right now and more people want to invest in a larger home. Particularly hot items have been homes valued in excess of $500,000 and condominiums going…
Positive Response to Edmonton Arena Project’s Open House
Tuesday, May 11th, 2010 at 5:15pm. 73 Views, 0 Comments.
The first-ever open house for Edmonton’s proposed arena and entertainment venue received mostly good reviews from the public. The Art Gallery of Alberta was crowded on May 6 even before the open house officially began. The event provided people with architectural renderings as well as posters depicting how the complex might look once built.
Kayla Oscroft and Kim McKenzie, who work in Commerce Place, said they thought the complex would be an amazing addition to the downtown area. However, both said they believed the city of Edmonton should not be responsible for shouldering the expected cost of $400 million to build the project.
The Katz Group, developers of the complex and owner of the Oilers, would like the city to borrow funds for the project and…
Edmonton’s South LRT Expansion Open to Commuters
Thursday, April 29th, 2010 at 1:12pm. 121 Views, 0 Comments.
Edmonton commuters can now travel from the south side to downtown in approximately 20 minutes.
Alberta Premier Ed Stelmach opened the new Century Park and Southgate LRT stations on Saturday, April 24, 2010, saying the stations will improve Edmontonians and visitors’ quality of life. The lines grant easier access to hospitals, downtown office buildings and the University of Alberta and run through to Clareview. On average, the LRT transports more than 74,000 passengers daily.
The project added 5.47 kilometres to the LRT line and cost $690 million but Edmonton Mayor Stephen Mandel said the two stations are just the beginning. Edmonton plans to expand the LRT line from the southeast to the north and the west, and officials said these continuing LRT…
Edmonton MLS® Foreclosures
Thursday, April 22nd, 2010 at 8:24am. 180 Views, 0 Comments.
The most common way of purchasing foreclosure properties in Edmonton is through a REALTOR®. Although you will face more competition using this approach, as long as you have a REALTOR® who knows what they are doing and can provide you with some tips, you can make a pretty penny.
Properties on the MLS® are usually listed at fair market value. This is one of the biggest differences when comparing foreclosures in Edmonton and the United States. The ones listed below market value do not stay listed for long. Your REALTOR® is the key to your success here; make sure that you are setup on some sort of automatic update to receive the lasted foreclosure list.
More often than not, there is not enough time for you to do enough research before you write an…
In Harsh Economic Times People Still Have to Eat
Tuesday, April 20th, 2010 at 3:20pm. 66 Views, 0 Comments.
Businesses that open their doors during a recession may be thought of as pushing their luck. In reality, those entrepreneurs who jump in when times are tough tend to do much better than their counterparts who start their companies in times of plenty, if they find the right market.
An example of this is George Weston, who started one of the biggest food retailing companies ever founded in Canada. Even in a recession, or a depression people have to eat. Weston started his company during the Great Depression of the 1930s.
Even with the proven track record of certain business models in slow times, banks are more cautious about lending funds and investing in new ideas. They caution those venturing into business to work at controlling their costs and to…
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