My Blog - Sheldon Johnston

From The Edmonton Real Estate Blog

Edmonton Real Estate Blog
What To Expect When Listing Your Home For Sale	5/13/2008 8:22 AM
Frequently I get comments from people trying to sell their homes who are frustrated about the marketing of their property. Many of these are sellers who are trying to sell on their own, others have hired a REALTOR and are...
Weekly Update on the Edmonton Real Estate Market	5/10/2008 2:42 PM
A day late this week, very sorry for those who were waiting for the numbers but it was unavoidable. So here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7...
Housing Starts Continue Downward Trend in April	5/8/2008 5:34 PM
CMCH released their monthly report today, showing that housing starts were down again in April. For the year so far, starts are down 41% from '07 in the greater Edmonton area. If you compare April '08 to April '07 starts...
Edmonton Monthly Real Estate Stats Update	5/6/2008 12:03 PM
So as I mentioned last week when I published the monthly stats, a number of sales would not yet have been reported and the final numbers would look a little different. So, inventory didn't end up over 11,000 but I'm...
Happy Star Wars Day!	5/4/2008 12:40 PM
May the fourth be with you :) I hope that you are all able to celebrate 'STAR WARS DAY' in the traditional way as I will, and the full enjoyment of the day be yours.
Weekly Update on the Edmonton Real Estate Market	5/2/2008 12:31 PM
Here is our weekly update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 671 (566, 823, 869) # Sales: 279 (293, 336, 272) Ratio: 42% (52%, 41%, 31%, 36%)...
Edmonton Real Estate Market Balanced	5/1/2008 3:47 PM
After three consecutive months of a buyer's market in Edmonton, April saw some balance (barely). The new listings to sale ratio hit 42%, even with almost 4,500 new listings and inventory creeping over 11,000 homes. The steep competition did affect...
"The Tony" Catches On	5/1/2008 3:53 PM
A few months ago I suggested that "The Anthony Henday" needed a nickname - much like the freeways in many other cities.... I like to call it the Tony. I'd just like to point out that the Edmonton Journal is...
Housing Starts Down, Commercial Construction Skyrocketing	4/30/2008 1:25 PM
March housing starts were down 59% from March '07 and were down 31% for the first quarter according to a report released by CMHC today. Single family homes are down for the 9th month in a row, representing the lowest...
Trying to Sell Your Home? Be Flexible	4/28/2008 3:28 PM
While working on an evaluation yesterday, Sheldon thought it would be interesting to compare the absorption rate of vacant properties with seller and tenant occupied properties. The absorption rate shows how long it will take for the existing listings to...

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