All Blog Entries by Stuart Neal

Found 175 blog entries published by Stuart Neal.

is the market going up or down ambergate realty

Many homeowners in metro Edmonton are conflicted right now. Should they sell, or wait for a recovery in the market. We have not seen high prices since 2007 and Covid 19 has only complicated matters.

In general, I’m a ‘glass is half full’ kind of guy. I try to see the upside in all things including the housing market in metro Edmonton.

However. I’m starting to read some articles online that are suggesting homeowners and potential real estate sellers should be cautious.

For example, the following articles (click the links) are suggesting strong headwinds and depressed if not dropping values for years to come.

Please read them yourself and let me know what you think. You are welcome to leave a comment in the box below.

I read this article

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The wonderful thing about this system is that anyone can do it. Sure, we all know those ‘social magnets’. Folks who can walk into a room and command attention right away. Those folks are a great fit for a real estate career as they can pick up clients wherever they go. But what about the rest of us. Those folks who resonate with a different kind of vibration. Those everyday people who are making their journey through life as best they can, but do not possess that ‘light up a room’ quality?

The good news is that if you learn and apply the habits laid out here, you will be successful. Anyone can do it. So, let’s get started:

Your Daily Habits

  1.     Write down 3 gratitudes. Write down at least 1 if not 2 affirmations describing your vision or
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We are pleased to present this wonderful executive class home for sale in Glenridding Heights south west Edmonton. To get more information please click this link: Glenridding Home for Sale. 

To see ALL homes for sale in the area please click this link: ALL Glenridding Homes for Sale.

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Many of you will be wondering how the Covid 19 health crisis has affected our market and we are pleased to publish the following results.

There is always a market in the larger centres like Edmonton and despite a one off incident like Covid 19, over 4,800 home buyers decided to take the plunge and purchase a home equal to an adjustment of about 18%.

Buyers have been able to negotiate with many worried home sellers and on average home buyers were able to secure a discount of about 5% compared to last year. To many people this will come as a surprise. Many people we talk believe that values have dropped by much more.

It’s taking about a week longer to sell than last year. Not that significant.

At the end of June, there were 5829 homes and

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets.

Here is our report for the last 7 days. Week ending July 3rd 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

282

63

$358,677

St Albert

29

35

$450,062

Sherwood Park

25

53

$410,176

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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The number of homes sales in June 2020 surpassed that of 2019 and 2018.

1288 homes sold in June 2020 compared to 1287 in 2019 and only 1267 homes sold in 2018.

Sales values are lower than for the last 2 years and home sellers are currently allowing about a 5% discount when compared to 2019.

The average price paid for a home in metro Edmonton in June 2020 was $360,346 compared to $378,813 last year.

However, the average price paid in May 2020 was $358,891 and so values have climbed and especially so since March when average prices were only $345,828 which is right when the Covid 19 pandemic really hit home in Edmonton.

For the balance of the year, we anticipate strong pent up demand and due to reduced inventory levels, (there is

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In our market, approximately 80% of the fees go to just 20% of all REALTORS®.

Average production per agent is about 10 transactions per RAE member * Source RAE

In general, most people can break into the market if:

  1.        You have a solid knowledge of the construction industry (helpful, but not crucial)
  2.        You have a solid background & extensive training in direct selling, marketing, or customer service (important)
  3.        You are extremely well connected & know many people (helpful, but not crucial)
  4.        You are willing to work hard & put in long hours for the first 3 to 5 years (crucial)
  5.        You can demonstrate a point of difference (important)
  6.        You have some working capital to last 3 to 12 months (less if you
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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending June 26th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

257

53

$348,242

St Albert

34

43

$468,435

Sherwood Park

33

40

$400,097

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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Beaumaris homes can be hard to find at good prices and sizes. There are many smaller homes at lower prices. And there some larger homes at much higher prices. This home we listed this week is “Just Right”. Click this link to learn more: Exclusive Ambergate Listing. 

To see ALL homes listed for sale in Beaumaris click here: ALL Beaumaris Single Family Homes for Sale.

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending June 19th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

303

56

$388,444

St Albert

40

41

$449,736

Sherwood Park

27

45

$388,055

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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