Its easy to get confused. There is so much information available to you on the internet that many people get overwhelmed and procrastinate often to their detriment later.

Some people wait for home prices to come down when in fact they go up, Others wait for a better interest rate than the one offered now and at the time of writing our government is planning to increase them again to calm down an overheating economy,

The best time to buy a home is when you are ready.

When you can commit to one home for the next 3 or possibly 5 years and in many cases longer.

That is the time to buy a home.

Let us examine the 10 steps you might wish to follow. I like to call this “The Ambergate Method”. All members of my team will encourage you to follow…

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Available with immediate possession & situated in the popular Gold Bar community, this 4-bedroom, 2-bathroom home backs onto Gold Stick park & the trails can easily be accessed. Perfect for a young family, first time buyers or perhaps downsizers. Walk in & notice the wonderful tigerwood hard floor, the modern kitchen with stainless appliances & the lovely view out of the picture window. On this floor you will also find the master bedroom with a 3-piece ensuite, 2 other bedrooms & a 5-piece family bathroom. Head into the basement & you will notice a fourth bedroom, a rec room, a storage room, additional under stair storage perfect for a deep freeze & a mechanical room with sufficient space to create a third bathroom. Features include upgraded…

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How was your year? Did you exceed your goals? Meet your goals? Or miss them?

No matter how the first 3 quarters went for you, there’s still lots of time to serve clients and bring in some business before the end of the year.

How do we know this? Three reasons.

First, based on last year’s numbers, there will be more than 3900 sales recorded on the MLS system by December 31st, 2022. You can participate in the market if you reach out to it.

Second, the most active group of buyers are those I like to call the “We want to be home by Christmas crowd”. These are the folks that missed out in the spring, they procrastinated, or they were waiting for prices to come down. The stats show that in most years there is one month during the last quarter…

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If you can overlook some of the gorier decorations that some folks install, searching for a home during Halloween can be a great time to really learn about a community and the folks that live in it.

Perhaps, the home you have your eye on has lots of decorations? This could signal that the owner is fastidious in other areas of their life like home maintenance. Worth noting.

Driving down the street and noticing how many decorations are in place, or the quality of the work could also suggest the level of commitment your prospective neighbours have to the general wellbeing of the area.

A street with no decorations, suggests an isolated group of people who don’t communicate with each other.

A street awash with complementary decorations that…

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COMING SOON! An exclusive Ambergate Realty Advisors listing. This home may not yet be on the open market. To view it first, contact us today. 

Available with immediate possession & situated in the popular Paisley community in south west Edmonton, this 3 bedroom, 3 bathroom home would be perfect for first time buyers or perhaps a young family. On the main floor you will enjoy a large living room, modern galley kitchen, dining area, bathroom & storage. The upper floor offers you a laundry, master bedroom with ensuite & walk in closet, 2 more good sized bedrooms & a bathroom. The basement features a larger window, a rough in for a bathroom & is ripe for development. Outside you will enjoy a view onto green space, a smaller landscaped yard for your…

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The September condo market continued to very active and provides good opportunities for both buyers and sellers.

Sales Prices

In September 2022, average sales prices were around $213,000 compared to $217,000 in September 2021. This is a decrease of 2%. However, the annual increase for condos for the entire year is at 1% UP.

Sales Volume

In September 2022, around 380 sales were registered compared to around 360 units sold in 2021.If sales volume for the last quarter equals that of last year, sales volume for the whole year will be around 700 units ABOVE last year or around 16% more than last year.

Days on Market

Condominiums sold in September 2022 after an average of 57 days, compared to 54 days in September 2021. This is…

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The September market continued to perform strongly.

Sales Prices

In September 2022, average sales prices were very slightly UP compared to last year. And sales prices are trending 4% UP for the entire year. The average sales price for September was almost $458,000 compared to $457,000 in September last year.

Sales Volume

After the amazing start to the year, it should not be a surprise that volume would drop later in the year. Sales volume is now trending at around 83% when compared to the same time last year.

Overall volume for the year will in the end be about the same as for 2021 ie just over 12000 single family homes sold across Edmonton.

Condo sales are stronger. See my other report for details.

Days on Market

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