The Edmonton Listing Blog - courtesy of Century 21 Reward Realty

Just sold this listing: "Your dream home in Dream Nook! What an incredible opportunity to have a brand new 1788 square foot custom engineered raised bungalow overlooking the..."

Province's delinquency rate rises for 19th month in a row. Growing unemployment and the home-price slump are leading to more defaulted mortgages in Edmonton and across Alberta. Lenders began foreclosure proceedings against 1,571 Edmontonarea homeowners in the 11 months ended February 2009, up from 1,013 in the previous 12 months, according to the most recent statistics available through Alberta Justice. Albertans have fallen at least three months behind on payments on 2,579 mortgages from maj ... Full Article...

A $9-billion proposal to build LRT lines to Edmonton's boundaries over the next 30 years won tentative support Tuesday from residents, community and student groups. Grovenor Community League representative Christopher Spencer told a public hearing on Edmonton's LRT network plan that his area would welcome low-floor LRT along Stony Plain Road if the move avoided expropriation, reduced car traffic and ensured family-friendly homes along the line. The plan includes using modern low-floor LRT veh ... Full Article...

Just sold this listing: "Seize the moment! This well kept fabulously designed 1254 sq ft Raised Bungalow built in 1969 has just become available for you! This home features (..."

In the trenches, I have noticed a marked difference moving into June 2009. April and May were good months with buyers and sellers. A greater percentage of Sellers are pricing their properties strategically in the market place to Sell them not just List them and fish for an uneducated Buyer. I have been involved in numerous multiple offers once again. The difference at this juncture is that there is a more balanced market. A 68% List to Sales ratio is back to the numbers of 2003/2004. So its n ... Full Article...

Just added this listing: "Stupendous in Sandringham! This attractive 1112 sq ft 3 Bedroom Condo in Minchau is the perfect family home. It has recent laminate upgrades on the main and upper level plus ceramic in the bathrooms. It has a newer appliances, furnace and vinyl fencing. For convenience it even has 2 parking stalls. Close proximity to Minchau Park, Grey Nuns Hospital, Mills Woods Towne Centre, and Anthony Henday Drive. Priced to sell!!"

Just sold this listing: "This 1085 Sq Ft well maintained 3+2 Bedroom Bungalow located on a quiet tree lined street has just become available! Renovations include gorgeous main..."