July 2019

Found 6 blog entries for July 2019.

5 Star Google Review

We are pleased to recommend Ambergate Realty Advisors, and Stuart Neal for a remarkable Real Estate experience. After 50 years in our home, we wanted to downsize to a more relaxed lifestyle. In this very tough buyers market, Stuart helped us get a higher price than we had originally expected for which we are truly grateful. Stuart helped us to remain calm and always tried to help us have a positive outlook. We also appreciate the lower flat rate fee which has to be a factor for all home sellers in the current real estate market.

Facebook Recommendation

After 50 years in our home we decided to downsize & we put our faith and trust with Ambergate. We started working with a Stevi Lashley who helped us find our condo in

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Situation

Jasbinder and Gurdip originally built the home in Wildrose with the intention of living in it. In the end they chose to stay on their acreage. The home was built to a very high standard and as such commanded a high price. At first Jasbinder and Gurdip tried a couple of traditional REALTORS® from within their own community. These traditional REALTORS® were unable to identify any suitable buyers. Eventually, they decided to look around for alternative service providers. They were looking for an organization that provided a high quality marketing program, an organization that knew the Wildrose market and at the same they wanted to pay lower real estate commissions. The flat fee program offered by Ambergate Realty Advisors was the obvious

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"Stuart is very knowledgeable and easy to deal with. He handled all aspects of the sale of our home with professionalism and ease. Would highly recommend Ambergate Realty Advisors."

Want more information about our lower cost FLAT FEE home selling programs? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home sellers page www.FlatFeeRealtyAdvisors.ca

Want more information about our home buying services? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our website www.AmbergateHomes.ca

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Summary:

The number of condos sold this year was about the same as in the second quarter 2019. However, most units were selling at a 5% discount. Discounts are getting less and should continue to shrink as inventory levels come down.

Numbers Sold:

In total, around 1065 condos sold in Edmonton during the first quarter of 2019. This compares favorably with last year when 1090 condo sold. This is about the same as last year and suggests continuing strong demand. Overall the difference is less than 30 units and should not be a concern for condo sellers.

Sales Values:

For the second quarter condo homes continued to trade at a discount when compared to last year. Most condo units sold for about 5% LESS than last year, equal to an

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Summary:

The market seems to be strengthening in favour of sellers. Discounts are less than 3 months ago. Sales volume is about the same as last year and inventory volume is down.

Numbers Sold:

In total, around 2700 single family homes sold in Edmonton during the second quarter of 2019. This compares favorably with last year when only around 2600 homes sold. Just over 100 MORE homes sold this year compared to last year. Confidence in the Edmonton market remains strong. 

Sales Values:

Sellers continue to be pushed for discounts by aggressive buyers. Single family homes sold on average for almost $13,000 LESS than in quarter 2 of last year. This amounts to a discount of about 3%. Compared to the first quarter where the discount

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