By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. Is this the year you’re going to buy your first home? It’s exciting, and it can feel a bit intimidating … unless you’ve got the right person guiding you every step of the way. At Schmidt, we love helping people make their first purchase. There’s nothing more […]
2023 WRAP UP! How did 2023 compare to recent years? PROPERTY SALES were strong in all areas, but especially in apartment condos! This segment of the market has struggled in recent years, but rising interest rates and decreasing affordability attracted more buyers to this type of home… Download this month’s Schmidt Report for an in-depth […]
This fall has been warmer than usual, and so has the Edmonton area real estate market… One of the best ways to judge the pace of any real estate market is to look at Months of Supply. There was just over a 3-month supply of homes for sale on November 30, 2023… Download this month’s […]
By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. This is a comment I often hear when meeting with clients in the fall. It’s understandable. Everyone knows that spring is the busiest time of the year for real estate. But, is the busy market always the best market? There are a lot of reasons why selling now might be […]
High interest rates and their impact on sale prices… The rule of thumb when it comes to real estate is that supply and demand drives prices. At some point when supply gets low enough, even higher interest rates can’t hold prices down. We might be seeing the beginning of this in the Edmonton area market…. […]
“Ramsay Heights is a popular family neighbourhood in the Riverbend area in Southwest Edmonton. The river valley is close by, offering miles of trails for walking and cycling, and Terwillegar Park is just a short drive away! Shopping is convenient with South Edmonton Common and Windermere shopping areas both easily accessible. And frequent travelers will […]
By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. Is now a good time to buy? That’s a question we’re being asked a lot lately! Rising interest rates and low inventory have some buyers waiting on the sidelines. That could be the right decision for you, but it’s important to also consider why buying now could […]
“The southwest neighborhood of Skyrattler is bordered by 23 avenue on the northside, 111 street on the east side, and Blackmud Creek. With close access to Century Park, shopping and ravine access – it’s a popular yet quiet family neighborhood. It’s where my favorite family owned Kunitz shoe store was first opened! Skyrattler was names […]
High interest rates keep prices from rising despite low supply… The number of homes for sale has been steadily decreasing, giving buyers less to choose from and increasing competition in some segments of the market… Download this month’s Schmidt Report for an in-depth look at what’s happening in the Edmonton real estate market! Reach out […]
“Ormsby Place was named in recognition of A. W. Ormsby (1869-1961) who introduced the present grid system of numbering streets and avenues in Edmonton. Ormsby Place is a quaint and welcoming neighborhood that offers a unique blend of natural beauty, community spirit, and modern amenities. Conveniently situated in West Edmonton, Ormsby is easily accessible from major […]