Edmonton Real Estate Blog

Wide Angle HD Video Home Tours

We try not to talk too much about our specific services or listings on the blog, but I'm so excited about this I just had to share it. Canon recently released a new DSLR camera that shoots HD video. Now, I'll be the first to admit shooting in HD isn't all that new or exciting, we've been using our little flip video camera to shoot HD video for about a year. The big difference is I can now shoot HD Video WITH my super wide angle lens, so when you watch the video you get the whole picture instead of the typical tunnel vision you get from a regular camcorder. Check out my first two attempts:

4 Kirklees Road, Nottingham, Sherwood Park, Alberta ($579,800):

1012 Summerwood Estates Road, Summerwood, Sherwood Park ($749,800):

Hammered for Habitat for Humanity

We got Hammered yesterday and we loved it! Well really we just hammered a lot... Not everyone deserves to own a home, but just because you can’t afford a home doesn’t mean you don't deserve a helping hand.  Habitat for Humanity helps make home ownership a reality for some really deserving people. 

Right now Habitat for humanity is doing a blitz build in St. Albert. Construction started two weeks ago on a duplex that will be home to two deserving families. On the weekend they had over 150 people out to help do framing.  Yesterday our little office participated.  If there is one place one person can make a difference its certainly here.

Slated for completion on June 20th, the crew and volunteers of the St. Albert blitz build certainly have their work cut out for them.  One of the things that makes Edmonton the great city it is has to be its high level of volunteerism.

Watch Sheldon on Global TV Edmonton News Tonight

 

Sheldon was interviewed today and will be on Global TV Edmonton News tonight at 6pm.

You can watch the video here: http://www.globaltv.com/globaltv/edmonton/video/index.html?releasePID=tRWWXniPKEQv3v_2vgsoBxaumlmcINEd

Can anyone tell me the code I would need to embed that video here?

We're looking for REALTORS who give exceptional service

Even though the economy is shrinking, we're still growing and looking for some exceptional people to join our team. If you've thought about a career in real estate, or are considering a new brokerage check out our new site all about working at Coldwell Banker Johnston.

Has the Edmonton Real Estate market bottomed out?

Some are calling for the end of falling prices in the Edmonton real estate market.

Vacant Property Addresses: To Display or Not to Display?

Sometimes we have to warn people about the most obvious things.

The latest warning we have to issue, is that if you list your home for sale and indicate the property is vacant you may become a target for burglars. So, if you're selling your vacant home, you now need to complete a "hold harmless" form that basically says your Realtor and the Realtor's Association is not responsible for any damage done to the property. If you don't fill out this form the address of your property will not be displayed on the Realtor.ca, and therefore it will not appear on the map based search.

If your home is going to be vacant for any period of time, whether it is for sale or not you should check with your insurance company to see what your policy covers in terms of vacancy.

How Low Can You Go?

Now broadcasting in widescreen...Sheldon Johnston discusses the myth that homes are selling way under list price in Edmonton:

Update - one of our readers has suggested we present the same data in a list to sale ratio format so here it is:

 

They also wanted to know how the ratio had changed over time, so here you go:

   

Best Tips for Buyers

Weekly Update on the Edmonton Real Estate Market

Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New listings: 430 (373, 467, 367)
# Sales: 155 (149, 177, 211)
Ratio: 36% (40%, 38%, 57%)
# Price changes: 376 (375, 471, 326)
# Expired Listings: 578 (279, 166, 223)
# Canceled/withdrawn/terminated listings: 47 (33, 47, 38)
Net loss/gain in listings this week: -350 (-88, 77, -105)
Active listings for single family homes: 3228 (3362, 3436, 3390)
Active listings for condos: 2221 (2285, 2299, 2251)

There has been a great debate on the blog this week! Many of you have spent a lot of time sourcing articles and statistics to support your positions and thoughts, the effort has been extraordinary and is truly appreciated.

Sheldon video'd his thoughts on the market for this week:

Nathan's also posted his weekly update over on the Edmonton Condo Blog so you can check out what's up with condos.

And the inventory analysis shows the obvious trend: new listings and sales are doing their annual dip.

Happy Weekend!

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