By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. The real estate market in the Edmonton area is BRISK right now! And talking to colleagues across the country it’s the same in many areas! What’s driving all this activity? There are many forces at play, but here are 5 key factors that are adding momentum to […]
“Located in North Edmonton you will find the community of Klarvatten. I love Klarvatten for the fact that it features mature builds as well as new builds, so there is a little something for everyone. This family friendly community features schools within walking distance, parks, and nice walking paths along the lake. Fun fact: the […]
2021 is off to a racing start! The numbers tell the story! Single family home sales were up over 50% compared to last January, while condo and duplex/rowhouse sales were up 44% and 13% respectively. What’s driving all the activity? To watch this month’s Schmidt Report Video Click here! Download this month’s Schmidt Report for a […]
There are lots of resources for first-time buyers, but not nearly as many resources for first-time sellers. When you bought your first property it was no doubt a scary prospect, but it was a lot simpler than selling for the first time. You were renting, so you didn’t have to worry about selling your current […]
“Walking down the tree lined streets in Allendale, especially in summer when the leaves are at their best, is like taking a stroll through time! Allendale is one of Edmonton’s oldest neighbourhoods and with that comes so much history and charm. Residents are also attracted to the beautiful area for its amazing location, right in […]
Goodbye 2020! Hello 2021! 2020 was full of surprises in the real estate market! More homes sold in 2020 than 2019! In total, there were 2.9% more homes sold in 2020 than the prior year… To watch this month’s Schmidt Report Video Click here! Download this month’s Schmidt Report for a quick look ahead at […]
You might think that “waiting for spring” is always the smart thing to do. Sure, there are more buyers out at that time, but there are also more homes for sale! And the buyers who are looking in December are pretty darn serious! Otherwise they’d be out Christmas shopping or sipping eggnog at home! Here […]
“York is a lovely neighborhood located in North East Edmonton. A perfect community to raise a family with so many amenities and schools nearby. Here you will find the recently upgraded Londonderry mall that is located within walking distance from the community of York. The spray park is a great perk of the neighbourhood where […]
How’s the real estate market holding up these days? Pretty darn well! While it does depend where you’re looking, overall things are moving surprisingly well. Housing Price Index (HPI) shows the change in value over time. The graph below is a composite of all property types. It demonstrates how values have changed in the past […]
2020 continues to be full of surprises… Cold hands. Warm market! Winter has arrived but the real estate market continues to be warm. Despite cooler temperatures and a global pandemic, year to date sales are almost exactly on par with the first 10 months of 2019, with just 63 fewer homes sold in the Edmonton […]