March 2018

Found 2 blog entries for March 2018.

Our second Red Deer Economic Update is coming up on April 11th.  

Once again we are bringing ATB Financial's Chief Economist Todd Hirsch to discuss the economy in Alberta, and what homeowners, home buyers, and business owners/investors might see in 2018 and beyond.  There is a general sense that the overall economy is improving.  Is this backed up and factual?  What sort of growth might we anticipate if any at all?

As a homeowner, you might be concerned with maintaining your equity, and retirement goals with real estate.  We will strive to answer real estate related questions when it comes to Red Der & area.  Patrick Galesloot, Broker & Owner of Century 21 Advantage will open the information session with a look at the local real estate market. 

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February 2018 Red Deer real estate market continues positive sales trend.  There were 98 Sales reported for the month of February 2018. This was 17% higher than the sales volume reported last February.  17%!!

February MLS® Sales for Red Deer

So, Why Isn’t My House Selling?

Let’s take a look at the market before we analyze your home specifically.  Let's break down the sales volume compared to new listings for February 2018.  Also known as “supply & demand”.

MLS® Sales and Listing Comparison for February

“There are a lot of homes for sale”.  Yes, there is. The Gold lines are the “supply” side of real estate inventory, more specifically the number of new listings added, and the Black lines represent the sales reported to our MLS® board for February 2018.

In total there were 98 sales reported and 238 new listings

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