They say a picture says a thousand words… That couldn’t be truer than when it comes to trends in real estate! The graph above shows weekly residential sales for 2019, 2020 and 2021 from January to July for each year. 2019 is the “normal” year, 2020 was the pandemic “crisis” year and 2021 is the […]
7 Vital Things to Consider when Buying a Condo Did you know that when you purchase a condo, you’re not only purchasing the unit where you’ll live, but you’re also effectively buying shares in a corporation? As an owner, you’ll be responsible for a share of the operating and maintenance costs for the entire condominium. […]
It’s half time for 2021… time to take stock of the real estate market for the first 6 months of the year! It’s been a busy year so far! Year to date sales were up 94% in the first 6 months compared to 2020! AND there were 21,699 new listings in the first 6 months […]
Summer hot dogs… the kind with ketchup and mustard are great, but the other kind can be really dangerous! We’re a bunch of dog lovers at Schmidt (check out #DogsOfSchmidt on IG for photos!). With the heat waves coming fast and furiously this summer, we thought you might appreciate some info on how to keep […]
At SCHMIDT we like to nerd out and dig into the stats… It’s how we keep our clients well informed so they can make decisions based on the facts, not the latest headlines. One way we’ve been tracking the market during the pandemic is shown in the graph below. Every week we tally up the […]
By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. Did you know that in order to get your home sold, you have to sell it 5 TIMES? It’s not often discussed, but it’s the truth! But what about “we just need to find the ONE right buyer?”. That’s still true, but it’s only 20% of what […]
“Parkallen is a lovely, mature, tree-lined neighbourhood in south Edmonton in the papastew (PAH-PAH-STAY-OH) ward. papastew, also know as Papaschase, was the highly respected leader of the Papaschase Band, which resided in the Edmonton area in the late 1800’s, before Parkallen came into being. Parkallen is a vibrant community represented by the Parkallen Community League, which was established […]
By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. We’re all longing for the warm summer days that are just ahead. Here are a few things to make sure you get the most out of the sunshine that’s coming our way! · Free up some space! Move your winter coats and jackets to storage along with the […]
Don’t be fooled! While it’s true that the real estate market is VERY brisk, you might not be getting the whole picture if you’re focused only on the current facts. What do I mean? Well, while numbers don’t lie, they can mislead! Here’s how the TRUTH differs from the FACTS when it comes to understanding […]
What’s going on????!!! Buyers lined up to view homes! Multiple offers! And properties sold in a day! We haven’t seen a market this brisk since 2007! Sales were up 109.9% in the Greater Edmonton Area this March vs March 2020! You might think that’s because sales were slower last March due to Covid… To watch […]