tel: 780-446-3727

Agent Photo

»Serving Your Edmonton Real Estate Needs

Archive for December, 2011

Edmonton’s 10 most expensive properties

Monday, December 19th, 2011

Have you ever wondered how much Edmontons most expensive properties are listed for?

Here they are the 10 most expensive properties listed in Edmonton on December 19 2011.

 11 – $2,000,000

10 – $2,150,000

9 – $2,150,000

8 – $2,499,900

7 – $2,790,000

6 – $2,80,000

5 – $3,280,000

4 – $3,488,000 

3 – $3,729,000

2 – $3,950,000

And the most expensive home on the Edmonton market December 19 2011 is

$15,000,000!

Making your Real Estate needs my priority
 
Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

 

Stats graphs to Nov 30 2011

Friday, December 9th, 2011

Click twice on graphs to enlarge. In ratio carts December shows 0% as these stats have not yet been compiled.Making your Real Estate needs my priority

 Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

Re/Max 2012 housing outlook

Wednesday, December 7th, 2011

Today Re/Max released its housing outlook for 2012.

Kelowna, BC (December 6, 2011) – Canadian residential real estate defied conventional logic and outperformed expectations in 2011, posting another solid year of housing activity virtually across the board. The trend is expected to carry forward into 2012 as Canadians continue to demonstrate their faith in homeownership, despite concerns over the European debt crisis and its impact on the global economy, according to a report released today by RE/MAX. 
The RE/MAX Housing Market Outlook 2012 examined trends and developments in 26 major markets across the country. Eighty-eight per cent (23/26) anticipated average price increases by year-end 2011—with percentage hikes ranging from one to 16 per cent. The forecast for 2012 shows the upward trend moderating, but still ahead of 2011 figures. Overall home sales are expected to remain on par or ahead of last year’s levels in 85 per cent (22/26) of markets in 2011—including Saskatoon with a year-over-year percentage increase of 13 per cent and an eight per cent uptick in Calgary, Winnipeg, Hamilton-Burlington and Sudbury.   Almost half of Canadian markets will match the 2011 performance, while the remainder should post increases ranging from one to five per cent next year. 
By year-end, an estimated 460,000 homes are expected to change hands, up three per cent from the 447,010 units reported in 2010. Sales are expected to climb one per cent to 464,500 units in 2012. The value of a Canadian home is set to climb to $363,000 by year-end—an increase of seven per cent over the $339,030 posted one year ago. By year-end 2012, the average price in Canada is forecast to appreciate two per cent to $371,000.
“What 2011 proves is that real estate continues to have momentum,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada. “The economic underpinnings support ongoing demand, particularly as job creation efforts continue and unemployment rates edge down further. Nationally, we remain on an upward track, and the confidence consumers have demonstrated in housing over the past decade will prove well founded once again next year. The rising belief in homeownership is key, especially among Generation X and Y—some of whom are making their moves sooner. Boomers and retirees are changing, too. They’re healthier and more active, with longer life expectancy. Overall, we’re seeing an extension of the homeownership cycle, and it’s great news for housing going forward.”
Improvement in both provincial and local economies, especially during the second half of 2012, should serve to further stimulate homebuying activity. Calgary, Saskatoon, and Halifax-Dartmouth will likely lead the country in unit sales in 2012, each with a projected increase of five per cent.  Regina, Greater Toronto, Saint John, Moncton, and St. John’s anticipate a three per cent increase in home sales next year.
 “Canadian consumers are intent on making their moves now, in advance of higher housing values,” says Michael Polzler, Executive Vice President, RE/MAX Ontario-Atlantic Canada. “Housing markets are not impervious to the impact of economic concerns moving forward, but real estate has proven its resilience time and again—2011 was case in point, as residential real estate markets actually experienced an upswing in the volatile third and final quarters, instead of responding to economic concerns both here and abroad with a retreat in sales and prices.”
While tighter supply levels contributed to steady price appreciation in most major markets across Canada this year, an increase in inventory more in line with years previous should ease upward pressure on average price in the year ahead. The highest appreciation is expected in Regina, where values are forecast to increase eight per cent, followed by Greater Toronto, Halifax-Dartmouth, and St, John’s—each posting a five per cent gain. Overall, 81 per cent of the markets examined are forecast to set new records for average price next year. Noteworthy milestones include Greater Vancouver, which will break the $800,000 threshold, as well as Regina and Kitchener-Waterloo, which will reach the $300,000 mark.
“While prices will remain on the upswing, buyers will benefit from greater selection moving forward,” says Sylvain Dansereau, Executive Vice President, RE/MAX Quebec. “Stability or modest growth will characterize sales activity, while GDP moves forward at a more muted pace in 2012. Whether markets will meet or potentially exceed projections will hinge largely on consumer confidence.  An unexpected call for interest rate hikes could also serve to bolster sales.”
Other highlights include:
·         Population growth and immigration are major factors expected to prop-up housing demand and household formation in the coming years. Since 2000, Canada’s population has experienced double-digit growth of 11 per cent. By 2031, over 42 million people are expected to call Canada home.
·         Investment will also continue in Canada’s major centres, with income producing properties at the top of the most wanted list. Low vacancy rates and stock market volatility reinvigorated this segment of the market in 2011 and the very same factors are forecast to influence sales moving forward.
·         Condominiums are expected to gain an increasing share of the marketplace, particularly in Western Canada and Ontario. A focus on higher density urban growth is impacting purchasing patterns and introducing new, affordable options—critical to the attainability of homeownership as price continue to move upward.
·         Housing stock in major Canadian centres will improve as municipalities focus on redevelopment and revitalization.  
CLICK HERE FOR THE FULL RE/MAX OUTLOOK 2012 MARKET REPORT 
Making your Real Estate needs my priority
Dave Dry
Realtor, Re/Max Real Estate
Website: www.davedry.com
Blog: blog.davedry.com
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

 

December newsletter and November Stats

Monday, December 5th, 2011

Market activity for the month of November 2011

 

   October

Change from  to

September 2011 October 2011   November

Change from   to

October 2011 November 2011

New Listings

2,166

-419

-16.2%

1,800

-366

-16.8%

Active listings

7,296

-766

-9.5%

6,588

-708

-9.7%

Sales

1,170

-175

-13.0%

1,084

-86

-7.4%

Average Sale price

*House and Condo sales

$293,394

-$12,537

-4.0%

$296,817

$3,423

1.1%

House

$362,897

-$12,841

-3.4%

$365,734

$2,837

0.7%

Condo

$223,892

-$12,233

-5.1%

$227,901

$4,009

1.7%

 

 

 

 

 

 

 

What do these statistics tell us?

 

 

 

  As expected the number of sales and listings fell in November, new listings by 16.8% and total active listings by 9.7%. What is unusual but not totally unexpected is that the average sale price for both condominiums and detached homes rose, condominiums by 1.7% and detached homes by 0.7%, bringing the average sale price to $296,817 an increase of 1.1% over October.

 

 So why is a price increase in November unusual and why is it not unexpected?

 

 September is typically the start of the winter slowdown, so the listing and sales numbers fall within what I would consider normal trends. There has been, in my opinion, a lack of commitment in the market through the summer months by both buyers and sellers. This has lead to a surge of buyers who have not found what they wanted during the summer and now wanting to buy before the winter really rolls in. However not the only factor, we cannot overlook the continued financial turmoil in Europe, cautious buyers have been waiting for the Canadian fallout, this has not materialized and confidence in our economy continues to grow.

 

  Through the winter months I expect more of the same, prices holding steady with minor fluctuations, barring any major global financial developments. The spring market looks to start off strong and hopefully by the end of 2012 I will be able to report that values have eclipsed high of July 2007 ($354,718).

Making your Real Estate needs my priority
 
Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

 

Holiday season safety tips.

Saturday, December 3rd, 2011

The holidays should be a magical time for children. Yet each year, hospital emergency rooms treat about 8700 people for injuries, such as falls, cuts and shocks, related to holiday lights, decorations and Christmas trees.

Keep the season merry with this list of safety tips from the American Academy of Pediatrics and the U.S. Consumer Product Safety Commission.

Safer Trees and Decorations

  • When purchasing an artificial tree, look for the label “Fire Resistant.” Although this label does not mean the tree won’t catch fire, it does indicate the tree will resist burning and should extinguish quickly.
  • When purchasing a live tree, check for freshness. A fresh tree is green, needles are hard to pull from branches and when bent between your fingers, needles do not break. The trunk butt of a fresh tree is sticky with resin, and when tapped on the ground, the tree should not lose many needles.
  • When setting up a tree at home, place it away from fireplaces and radiators. Because heated rooms dry live trees out rapidly, be sure to keep the stand filled with water. Place the tree out of the way of traffic and do not block doorways.
  • Cut a few inches off the trunk of your tree to expose the fresh wood. This allows for better water absorption and will help to keep your tree from drying out and becoming a fire hazard.
  • Use only noncombustible or flame-resistant materials to trim a tree. Choose tinsel or artificial icicles of plastic or nonleaded metals. Leaded materials are hazardous if ingested by children.
  • Never use lighted candles on a tree or near other evergreens. Always use nonflammable holders and place candles out of children’s reach.
  • Take special care to avoid decorations that are sharp or breakable, keep trimmings with small removable parts out of the reach of children to avoid the child swallowing or inhaling small pieces, and avoid trimmings that resemble candy or food, which may tempt a child to eat them.
  • Wear gloves to avoid eye and skin irritation while decorating with spun glass “angel hair.” Follow container directions carefully to avoid lung irritation while decorating with artificial-snow sprays.

Bright Ideas for Lights

  • Indoors or outside, always use lights that have been tested for safety by a recognized testing laboratory that indicates conformance with safety standards.
  • Check each set of lights, new or old, for broken or cracked sockets, frayed or bare wires, or loose connections, and throw out damaged sets.
  • Use no more than three standard-size sets of lights per single extension cord.
  • Never use electric lights on a metallic tree. The tree can become charged with electricity from faulty lights, and a person touching a branch could be electrocuted.
  • Before using lights outdoors, check labels to be sure they have been certified for outdoor use.
  • Fasten outdoor lights securely to trees, house walls, or other firm supports to protect the lights from wind damage. Use insulated staples to hold strings in place, not nails or tacks. Or run strings of lights through hooks (available at hardware stores).
  • Plug all outdoor electric decorations into circuits with ground fault circuit interrupters to avoid potential shocks.
  • Turn off all lights when you go to bed or leave the house. The lights could short out and start a fire.

Friendlier Fireplaces

  • Use care with “fire salts,” which produce colored flames when thrown on wood fires. They contain heavy metals that can cause intense gastrointestinal irritation and vomiting if eaten. Keep them away from children.
  • Do not burn wrapping papers in the fireplace. A flash fire may result, as wrappings ignite suddenly and burn intensely.
  • Before lighting any fire, remove all greens, boughs, papers, and other decorations from fireplace area. Check to see that the flue is open.

Trouble-Free Toys

  • Before buying a toy or allowing your child to play with a toy that he has received as a gift, read the instructions carefully. If the toy is appropriate for your child, show him how to use it properly.
  • Follow recommended age ranges on toy packages. Toys that are too advanced could pose a safety hazard for younger children.
  • To prevent both burns and electrical shocks, don’t give young children (under age ten) a toy that must be plugged into an electrical outlet. Instead, buy toys that are battery-operated.
  • Children under age three can choke on small parts contained in toys or games. Government regulations specify that toys for children under age three cannot have parts less than 1 1/4 inches in diameter and 2 1/4 inches long.
  • Children under age 8 can choke or suffocate on uninflated or broken balloons. Remove strings and ribbons from toys before giving them to young children.
  • Watch for pull toys with strings that are more than 12 inches in length. They could be a strangulation hazard for babies.

Outdoor Play

  • Make sure your child’s gloves and shoes stay dry. If either becomes wet, change your child into a dry pair.
  • Sledding on or into the roadway should be prohibited. Look for shallow slopes that are free of obstacles, such as trees and fences.
  • Most skiing and skating injuries involve twists, sprains and strains. Prevent injuries by providing your child with competent instruction, proper equipment and appropriate supervision.

Happy Visiting

  • Clean up immediately after a holiday party. A toddler could rise early and choke on leftover food or come in contact with alcohol or tobacco.
  • Remember that the homes you visit may not be childproofed. Keep an eye out for danger spots.
  • Keep a laminated list with all of the important phone numbers you or a baby-sitter are likely to need in case of an emergency. Include the police and fire department, your pediatrician and the national Poison Control Help line in Calgary 800-332-1414.
  • Traveling, visiting family members, getting presents, shopping, etc., can all increase your child’s stress levels. Trying to stick to your child’s usual routines, including sleep schedules and timing of naps, can help you and your child enjoy the holidays and reduce stress.

Food Safety

  • Bacteria are often present in raw foods. Fully cook meats and poultry, and thoroughly wash raw vegetables and fruits.
  • Be sure to keep hot liquids and foods away from the edges of counters and tables, where they can be easily knocked over by a young child’s exploring hands.
  • Wash your hands frequently, and make sure your children do the same.
  • Never put a spoon used to taste food back into food without washing it.
  • Always keep raw foods and cooked foods separate, and use separate utensils when preparing them.
  • Always thaw meat in the refrigerator, never on the countertop.
  • Foods that require refrigeration should never be left at room temperature for more than two hours.

I wish you all a very merry and safe holiday season.

 

Making your Real Estate needs my priority
 
Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. Trademarks used under license from CREA.
MLS® MLS REALTOR® Realtor