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 […]
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 […]
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 […]
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 […]
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 […]