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The Stories behind the Stats: July 2020

The Stories behind the Stats: July 2020

The real estate market in 2020 is different in so many ways… But here’s something that might surprise you… Here’s what we predicted last month: Based on the trend and our own experience in the market, barring any major new outbreaks of Covid-19, we anticipate that June sales for the City of Edmonton will be […]

Neighborhood Profile: The Orchards at Ellerslie

Neighborhood Profile: The Orchards at Ellerslie

Previously used as agricultural land, The Orchards at Ellerslie is located in the Ellerslie area of southeast Edmonton. It was established in 2007 when the City adopted The Orchards at Ellerslie Neighbourhood Structure Plan (NSP), although development did not begin until 2012. The neighbourhood is bounded on the north by 25th Avenue, the south by […]

The Stories behind the Stats: June 2020

The Stories behind the Stats: June 2020

How’s the real estate market doing 3 months into lockdown? Much better than you might think… May results surprised a lot of people, including REALTORS®!  Activity rose steadily throughout the month, with the last week’s results showing just 18.60% lower than the same week last year… To watch this month’s Schmidt Report Video Click here! […]

Big Changes Coming to CMHC Mortgage Rules

Big Changes Coming to CMHC Mortgage Rules

You may have heard that there are big changes coming to mortgage rules. If you’re planning on purchasing this year this could really impact you. The changes affect borrowers who have less than 20% as a down payment. That’s a very large proportion of the buying population, so we anticipate this could have a significant […]

Neighborhood Profile: Pleasantview

Neighborhood Profile: Pleasantview

Pleasantview has become one of south Edmonton’s most sought after neighbourhoods.  Originally owned by veteran, huge lots were the norm in this area.  Most of these have since been sub-divided into more traditional sized lots, but are still large enough to allow for further subdivision currently.  Because of the large lot size, many custom infill […]

Neighborhood Profile: Albany

Neighborhood Profile: Albany

Albany is located in The Palisades area of northwest Edmonton. In 2009, the neighbourhood was established through the adoption of the Albany Neighbourhood Structure Plan (NSP). Albany is bounded on the west and north by Anthony Henday Drive, on the east by 127th Street, and on the south by 167th Avenue. Residential buildings are located in […]

THE BIG DAY OUT vs THE BIG ZOOM IN!

THE BIG DAY OUT vs THE BIG ZOOM IN!

By Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc. More than ever, where we live matters! Let’s face it, we’re all spending more time at home these days, and that’s likely to continue for awhile.  If you’re not loving where you live, why not change it?  If you’re curious about what it might look […]

The Stories behind the Stats: May 2020

The Stories behind the Stats: May 2020

How did Covid-19 impact Edmonton Area Real Estate in April? April wasn’t typical. That’s not news to you, I’m sure. What might surprise you is how many homes DID still sell!… To watch this month’s Schmidt Report Video Click here! Download this month’s Schmidt Report for a quick look ahead at anticipated results for Edmonton […]

Neighborhood Profile: Callaghan

Neighborhood Profile: Callaghan

Callaghan is one of the 15 neighbourhoods that make up the Heritage Valley area in southwest Edmonton. The neighbourhood’s residential areas were fully built out by 2011. The neighbourhood is bounded on the north and west by James Mowatt Trail, the south by 30th Avenue, and the east by the Blackmud Creek Ravine. Calgary Trail, […]

Have you suddenly found yourself working from home?

Have you suddenly found yourself working from home?

By Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc. As a REALTOR® and business owner, I’ve always mixed my time between office, home and outside appointments, so being at home full-time isn’t as big a shift for me as it might be for many of you.  If you’ve gone to a certain building from […]