Making sure your eavestroughs are in good working order is critical to your home’s ability to ward off flooding and moisture damage. If they are not working properly, you could get water running down your walls and pooling around your home. This can eventually penetrate through the foundation or leak through windows and cause major water damage in your home. Photo Credit: Rise Up Ltd. Your eavestroughs might be in trouble if:

  • You see water running out over the side of the gutter, rather than down the downspout and away from your home.
  • Your gutters are cracked or there are leaks in the joints.
  • They are detaching or coming away from the home.
Sometimes your eavestroughs can get clogged with leaves and other debris, which is why it’s…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 573 (552, 509, 500) # Sales: 255 (216, 261, 267) Ratio: 45% (39%, 51%, 53%) # Price Changes: 512 (466, 428, 510) # Expired/Off Market Listings: 253 (565, 550, 224) Net loss/gain in listings this week: 65 (-229, -302, 9) Active single family home listings: 3734 (3683, 3649, 3780) Active condo listings: 2922 (2875, 2866, 3012) Homes 4-week running average: $435k ($436k, $437k, $437k) Condos 4-week running average: $245k ($246k, $247k, $245k) Two must-read articles from the past week: Why a Strong Loonie and Higher Interest Rates Couldn't Come at a Worse Time (for Alberta) and How Increasing Interest Rates will Cause Housing…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 552 (509, 500, 571) # Sales: 216 (261, 267, 252) Ratio: 39% (51%, 53%, 44%) # Price Changes: 466 (428, 510, 485) # Expired/Off Market Listings: 565 (550, 224, 272) Net loss/gain in listings this week: -229 (-302, 9, 47) Active single family home listings: 3683 (3649, 3780, 3776) Active condo listings: 2875 (2866, 3012, 2984) Homes 4-week running average: $436k ($437k, $437k, $441k) Condos 4-week running average: $246k ($247k, $245k, $247k) So they raised rates again this week, and "the biggest [mortgage] rule change" of all time may be coming our way in the near future. “It could be the biggest rule change of all-time,”…

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The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Area Market Today, saying: “Entry level buyers appear to be turning their attention to semi-detached product for the best value, as opposed to condominiums. Changes to mortgage rates and qualifying rules may be impacting these segments. In the current market there is significant selection for the value conscious buyer. We continue to monitor the market closely to gauge the longer-term impact of the new mortgage rules,” says James Mabey, the REALTORS® Association of Edmonton Chair. “A drop in month-over-month units sold in August is historically normal activity for the Edmonton region,” says Mabey. “But average sales prices were higher this August than in any…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 509 (500, 571, 549) # Sales: 261 (267, 252, 236) Ratio: 51% (53%, 44%, 43%) # Price Changes: 428 (510, 485, 402) # Expired/Off Market Listings: 550 (224, 272, 235) Net loss/gain in listings this week: -302 (9, 47, 78) Active single family home listings: 3649 (3780, 3776, 3728) Active condo listings: 2866 (3012, 2984, 2956) Homes 4-week running average: $437k ($437k, $441k, $443k) Condos 4-week running average: $247k ($245k, $247k, $253k) Working on the monthly stats now, will have more details there. Happy Labour Day Weekend!!

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As a homeowner, you know that there always seems to be a somewhat endless to-do list of home repairs, improvements, maintenance and other tasks. From odd jobs to home projects that could include things like fixing a leaky faucet, painting the trim, building a shed or even small home renovations. Even if you’re able to do some of these tasks yourself - do you have the time? Photo Credit: German Handymann & Renovation - Laundry Room Renovation

Skilled Jack-Of-All-Trades

The term handyman seems old fashioned, but these jacks-of-all-trades are in business to help homeowners like you with that endless list of odd jobs that don’t seem to get done. When you hire a handyman in Calgary, you’ll be bringing in a person that is skilled with a wide range of home…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 500 (571, 549, 596) # Sales: 267 (252, 236, 290) Ratio: 53% (44%, 43%, 49%) # Price Changes: 510 (485, 402, 502) # Expired/Off Market Listings: 224 (272, 235, 458) Net loss/gain in listings this week: 9 (47, 78, -152) Active single family home listings: 3780 (3776, 3728, 3662) Active condo listings: 3012 (2984, 2956, 2942) Homes 4-week running average: $437k ($441k, $443k, $438k) Condos 4-week running average: $245k ($247k, $253k, $261k) Looks like single family home inventory may hit a new record high in the coming weeks. Inventory is a leading indicator for prices, numbers this high suggests prices will be coming down…

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Most interior walls are finished with drywall. Because it is a softer material, it can easily be dinged, dented and damaged. Fortunately, minor drywall repair is a DIY job most homeowners can manage. Major drywall projects, however, should be left to the pros. Photo Credit: Dakota Interior Ltd. The first thing you’ll need to do is pick up some supplies. Everything you need can be found at your local building supply store. The most important supply you’ll need is a quality joint compound, also known as drywall mud. Compounds come in different sized containers, but if it’s not a huge repair you won’t need that much. Thankfully, this material can keep for a very long time when sealed properly, so if you buy more than you need, you’ll likely use it again…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 571 (549, 596, 528) # Sales: 252 (236, 290, 309) Ratio: 44% (43%, 49%, 59%) # Price Changes: 485 (402, 502, 468) # Expired/Off Market Listings: 272 (235, 458, 227) Net loss/gain in listings this week: 47 (78, -152, -8) Active single family home listings: 3776 (3728, 3662, 3702) Active condo listings: 2984 (2956, 2942, 3062) Homes 4-week running average: $441k ($443k, $438k, $443k) Condos 4-week running average: $247k ($253k, $261k, $270k) Here's some interesting predictions on Edmonton and Calgary's real estate markets, citing increased demand and good opportunites for investment in both cities. Have a great weekend!

360 Views, 18 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 549 (596, 528, 570) # Sales: 236 (290, 309, 317) Ratio: 43% (49%, 59%, 56%) # Price Changes: 402 (502, 468, 424) # Expired/Off Market Listings: 235 (458, 227, 197) Net loss/gain in listings this week: 78 (-152, -8, 56) Active single family home listings: 3728 (3662, 3702, 3664) Active condo listings: 2956 (2942, 3062, 3078) Homes 4-week running average: $443k ($438k, $443k, $443k) Condos 4-week running average: $253k ($261k, $270k, $267k) Inventory normally comes down at this time of year, and while condo inventory appears to have started a downward trend, it's still at a record high, and single family inventory continues…

342 Views, 24 Comments