Blog - real estate

Welcome to our Real Estate Newsletter, June, 2024!

Dear Reader,

Have you ever noticed that some TV shows stereotype lawyers, doctors, and even real estate agents like me?

Real estate agents, for example, are often seen hammering in lawn signs, hosting open houses, and making deals.

But, of course, there’s more to the story than that.

Sure, I do a lot of work for my clients during a transaction — helping them find and buy the home of their dreams and, in many cases, helping them sell their current properties, quickly and for the best price.

But there are many less glamorous things I do for clients that don’t make it on a TV show that are still important to you.

I stick with my clients for the long-term, helping them maximize the enjoyment of their homes. I do that by staying in touch…

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2024 Market Forecast for Edmonton

 The Realtors Association of Edmonton just had their 2024 Housing Forecast, so we wanted to break down some key elements of what was discussed.

With all of the factors heading into this year (e.g. increased migration to Alberta, potential for significant interest rate decreases and shortage of detached single-family homes), this could be a very exciting year in the real estate world.

If you have any questions, or would like to discuss any of the above in further detail, please do not hesitate to reach out to the YEGListings Group!

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Do you know what changes are coming with the new Zoning Bylaw?

With no apparent relief from elevated interest rates on the horizon, the shortage of inventory is helping keep sales volumes (and average sales prices) at reasonable levels. Sales volumes are up across the board versus same month last year, but down compared to Sept 2023.

For more information on how this has impacted your property, or any other questions, reach out to the YEGListings Group!

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Navigating the 2024 Luxury Real Estate Market: What You Need to Know

Interest Rates: Boosting Buyer Power In 2024. Talks circulate about a drop in interest rates starting in spring. Good news for savvy buyers! Lower rates mean more purchasing power, letting you stretch your budget. From entry-level homes to mid-size luxury, the possibilities expand. If you hesitated in 2023 due to high rates, it's time to feel confident – more qualified buyers are entering the scene.

Inter-Provincial Migration: A Shift to Alberta. The migration story continues, especially from BC and Ontario to Alberta in 2024. With interest rates dropping across Canada, Alberta, particularly Edmonton, is becoming a hotspot for those seeking affordable housing. Calgary's growth is notable, but attention is turning to Edmonton's top-tier market.

For…

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The New Wave of Home Security: The Importance of Simply Secure

In today's rapidly evolving world, home security has become an essential aspect of our daily lives. With advancements in technology, protecting our homes has become easier, more efficient, and more reliable than ever before.

One home security solution that's making waves in the industry is Simply Secure, and in this blog post, we'll delve into the importance of home security and discuss the unique benefits that Simply Secure offers.

The Importance of Home Security

1. Protecting Your Loved Ones

One of the most significant reasons to invest in home security is to ensure the safety of your loved ones. Our homes are our sanctuaries, where we should feel secure and at ease. With the right security system in place, you can rest assured that your…

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Discovering Luxury Living in Edmonton and Surrounding Areas: Your Ultimate Guide

Luxury living in and around Edmonton, Alberta, is an experience like no other. The real estate landscape here combines urban sophistication with natural beauty, making it a sought-after destination for those who appreciate the finer things in life. If you're considering entering the world of luxury real estate, this blog post is tailored to you. We'll explore what luxury means in this region and help you understand what to look for when seeking your dream property.

Luxury in Edmonton and Beyond

Edmonton and its surrounding areas offer a diverse range of luxurious properties that cater to various tastes and lifestyles. Whether you're drawn to the city's vibrant urban scene or the tranquility of the countryside, you'll find options that suit your…

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The Enigmatic Allure of Edmonton's Ice District: A Closer Look at its High Demand

Edmonton's Ice District has captivated the hearts of residents and investors alike, earning a reputation as a highly sought-after neighbourhood. Nestled in the vibrant core of downtown Edmonton, this bustling district offers a fusion of entertainment, convenience, and contemporary living.

At the heart of the Ice District lies Rogers Place, a cutting-edge arena that hosts sporting events, concerts, and a myriad of different types of entertainment. This world-class venue attracts a diverse range of performances, drawing sports enthusiasts and music lovers from all over Alberta and Saskatchewan. Residing within close proximity to Rogers Place means having unparalleled access to games, concerts, and an electric ambiance that permeates throughout…

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The Pros and Cons of Buying an Older Home: Nostalgia Meets Practicality

When it comes to buying a home, there's a certain charm and allure that comes with an older house. From unique architectural details to a sense of history, older homes can be full of character and provide a glimpse into the past. However, alongside the nostalgia, there are important considerations to keep in mind. In this blog post, we'll explore the pros and cons of buying an older home, helping you make an informed decision when embarking on your home buying journey.

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My biggest fears as a real estate agent (it is not fear of rejection)

  If you do a Google search for what a real estate agent fears the most, it will probably tell you the fear of rejection or the fear of failing. 

As a real estate agent I can say there are a few other fears that I face on a daily basis. 

Fear of getting lost

As a real estate agent, I regularly venture into unfamiliar neighbourhoods and rural areas to show homes. Getting lost is a real concern for me - even in this age of technology.

I always want to arrive at a showing before my client. Getting lost and having my client wait for me is not professional.                                 

 New development areas are a particular fear of mine. Technology is not always current with construction in an area, therefore not a reliable source of…

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The Importance of Understanding Price vs. Terms and Conditions

As a real estate expert, I have seen many sellers make the mistake of focusing solely on price when it comes to accepting offers on their homes. While price is certainly an important factor, there are other considerations that can have a significant impact on the deal, such as possession dates and conditions. If you are selling your home, it is important to look beyond just the price and consider the terms and conditions of the offer as well. For example, an offer that is lower than your asking price, but has a quick closing period and no contingencies, may be more attractive than a higher offer with a longer closing period and multiple contingencies. It all depends on your needs as a seller and the contribution of the buyers. 

By working with me as…

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