It’s coming… the “W” word! If you’re like me, you’re already trying to think of ways to safely see people and keep a bit of “normal” in your life as winter approaches! We’ve all been spending so much more time outside, and that’s a good thing! Moving through fall into winter we’ll need to get […]
Spring and summer 2020 in review… September is a good time to look back at the spring and summer real estate market and reflect on the impact of Covid-19. The pandemic hit market real estate sales hard starting in mid-March. The impact was greatest by mid-April when reported weekly sales in the City of Edmonton […]
This might seem like a bit of a dry topic but it’s an important one! If not handled properly it can delay your sale or worse, cause the offer to become null and void even before the buyers remove their conditions! So what is dower? Essentially the purpose of dower is to protect the rights of […]
By Jolyn Hall, Associate/REALTOR®, Schmidt Realty Group Inc. Wondering if you should give your Edmonton deck a facelift this summer? Feeling embarrassed to have your friends and family join you for that backyard BBQ? Lucky for you, refreshing your deck doesn’t have to be difficult or expensive. Try your hand at the makeover ideas below! […]
The summer real estate market continues to be surprisingly warm and sunny! Residential SALES in the Edmonton CMA (Census Metropolitan Area) were up 13.58% compared to July 2019. The number of new LISTINGS was also up by 7.56% from last year but down 8.66% from last month. So, proportionately more new SALES than new LISTINGS… […]
If you’re thinking of buying or selling during Covid-19 you no doubt have a lot of questions. How will you view homes? Can you see them in person? Do you have to view them only online? How many people can be in a home at once? What about meeting with your lawyer? Lots and lots […]
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 […]
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 […]
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! […]
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 […]