Oil is Down, the Dollar is Down, The World is Ending… Now is an Excellent Time to Buy a Home!
If you’ve been paying any attention to the local and national news, you’ve no doubt heard that the sky is falling. This summer, oil prices fell below $50 per barrel for the first time since 2009, while the Canadian dollar is trading at ...
Posted by Gerard Hagan on September 17, 2015 in Edmonton Real Estate
Selling in a Buyer's Market: How to Ensure That You Get the Most for Your Home when You Sell
Some people who are planning on selling their home are fortunate enough to be in a situation where they can wait for the market to fluctuate to their advantage. Unfortunately many people do not have the luxury to wait and need to sell their home as ...
Posted by Gerard Hagan on August 18, 2015 in Edmonton Real Estate
Understanding Market Conditions: Just What is a 'Buyer's Market' or 'Seller's Market' Anyway?
The market is constantly changing, which is why real estate is often referred to as being on a cycle. The amount of available homes tends to shift from a seller's market to a buyer's market and back again, with one often affecting the other. There ...
Posted by Gerard Hagan on August 11, 2015 in Edmonton Real Estate
Urbanization - Canada Real Estates Biggest Trend.
The Canadian economic outlook for 2015 seems to be poised for a steady stable growth. The Canadian economy remains stable and Canadians are still, for the most part, enjoying a prosperous lifestyle.
Real Estate trends change over time, with demands ...
Posted by Gerard Hagan on April 29, 2015 in Edmonton Real Estate
The Pros and Cons of Flat Fee Listing - And Why Listing With Best Edmonton Real Estate Is a Pro
In late October 2010, the Canadian Real Estate Association approved an agreement with the federal Competition Bureau that lets home sellers pay for only the services they want from a real estate agent
Currently, the vast majority of real estate ...
Posted by Gerard Hagan on March 31, 2015 in Edmonton Real Estate
5 NEW YEARS RESOLUTIONS FOR YOUR HOME
Every year when January rolls around New Years Resolutions are set with a whole new resolve. We vow to lose weight, save money , spend more time with family and friends, reduce our waste. Did you know goals you set for your home can help you ...
Posted by Gerard Hagan on December 29, 2014 in Edmonton Real Estate
Should You Have A Realtor Represent You When Buying Your Home?
When you’re negotiating a real estate transaction, you will be likely be working with a realtor. In that transaction you will either be a customer or a client and there is a big difference between these two which is important that you ...
Posted by Gerard Hagan on October 21, 2014 in Edmonton Real Estate
Tips On Hiring A Contractor
Choosing A Contractor
Choosing a contractor sounds like an easy job. Thanks to the large number of home improvement websites now available, you might think that you can just do a simple search for someone in your area, schedule a time for work to ...
Posted by Gerard Hagan on May 20, 2014 in Edmonton Real Estate
Edmonton Mortgage Documentation Checklist
Verification of Income:
Salaried or Hourly Wage Employees
Letter of Employment on company letterhead with name and contact information for party authorized to verify the information; must state minimum guaranteed income/hours, rate, tenure and ...
Posted by Gerard Hagan on November 13, 2013 in Edmonton Real Estate
Most Are Still Bullish About the Canadian Real Estate Market
The housing bubble bursters are back. Ok, they never actually left but reality tends to drown out their doom and gloom philosophies, at least most of the time. This latest bubble alert hails from media outlets and economists in Toronto who ...
Posted by Gerard Hagan on October 21, 2013 in Edmonton Real Estate
Yellowhead Freeway Edmonton – Money and Business Concerns
The Yellowhead Trail is one of the busiest traffic arteries in Edmonton. City fathers have wanted to turn the heavily used commuter roadway into a full blown freeway since 2011 but two major factors stand in the way. One is money to do the ...
Posted by Gerard Hagan on July 13, 2013 in Edmonton Real Estate
Consumer Confidence Survey For 2013 Showing Mixed Results
Canadians overall have mixed feelings about how 2013 will shape up economically. The Investors Group, Harris Decima just figured the consumer confidence index. It came in at 77.6 percent for the year’s first quarter. That’s higher than ...
Posted by Gerard Hagan on April 5, 2013 in Edmonton Real Estate
Cautious Investors On The Lookout For That Canadian Property Bubble
Can it be as simple as the fact that drama sells papers? The rumour of a Canadian property bubble just won’t go away. Just as soon as statistics shoo it under the nearest rock, out it pops. Is the recent spate of articles a tease, or ...
Posted by Gerard Hagan on March 8, 2013 in Edmonton Real Estate
Survey Studies Discretionary Spending In Canada
Edward Jones, a financial firm, just commissioned a new survey of Canadian spending habits. What they found is that quite a few people are taking a rather cavalier attitude towards discretionary spending habits. The fixed amounts going out the door ...
Posted by Gerard Hagan on January 17, 2013 in Edmonton Real Estate
Edmonton Shines as One of Canada’s Leading Job Growth Cities
Canada saw its unemployment rate dip to 7.2 percent during the month of November when 59,300 new jobs were created. Statistics Canada released its report this past Friday. The agency noted that the month had the strongest numbers of the year, not ...
Posted by Gerard Hagan on December 13, 2012 in Edmonton Real Estate
CREA Report Analyses Real Estate Performance in October of 2012
The Canadian Real Estate Association, or CREA for short, just released its figures on home sales for this past October. The numbers show little change in average price and sales activity nationwide. MLS System sales only decreased by 0.1 percent ...
Posted by Gerard Hagan on November 19, 2012 in Edmonton Real Estate
Mortgage Insurance vs. Term Life Insurance – What’s the Difference?
When taking out a mortgage, homeowners should take a look at the different methods of insuring that mortgage. A home is one of our largest and usually a primary financial asset, so having that mortgage covered in case something dire happens is ...
Posted by Gerard Hagan on October 31, 2012 in Edmonton Real Estate
Canada’s Commercial Real Estate Seeing Healthy Gains Nationwide
The commercial real estate market across Canada had a dynamic first half in 2012 and the expectations are that market will continue to thrive into the better part of 2013. The Re/Max Commercial Investor Report was just released this past Wednesday. ...
Posted by Gerard Hagan on October 18, 2012 in Edmonton Real Estate
Realtors® Association of Edmonton a House Divided Over Policy Change
The Realtors® Association of Edmonton, or RAE, is usually so sedate and evenly tempered. But a recent policy change approved by the board has brought out the beast in the group. It sits a house divided, as several dozen members voice their ...
Posted by Gerard Hagan on September 25, 2012 in Edmonton Real Estate
Reducing Debt before Retiring Makes For an More Enjoyable Retirement
A poll recently conducted by CIBC showed that in Canada, nearly 60 percent of retirees carried some type of debt. Granted, it is less than younger folks that were still working, but these older Canadians are not as likely to try and pay of that debt ...
Posted by Gerard Hagan on July 26, 2012 in Edmonton Real Estate