Red Deer Distress Sales/Bank Foreclosures Hotlist $200k & up. Get your copy by completing the form on this page (Primary Resident Home Owners Only-No Investors). Red Deer Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a home in Red Deer. It's not easy for the average Red Deer homeowner to find these deals, because you have to keep scouring the paper to see when one comes up. If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free service which automatically searches out and downloads a current list of all such properties in Red Deer day in and day out. When you receive this free, no obligation service, you're automatically plugged in to ... 09/10/2012

FREE Quick Over-The-Net Home Evaluation Find out what your Red Deer home is really worth! Knowing what your Red Deer home is worth is important information to have if you are thinking of selling your home. By providing your address and a brief description of your home, the system will conduct a thorough comparative market analysis by searching the database for similar Red Deer homes listed or sold in your area. With this current market data, you will be able to determine what your Red Deer home might sell for if you decided to put it on the market. There is no cost or obligation for this valuable service. For your FREE Home Evaluation, please provide the information requested. 09/09/2012

Red Deer home prices back to being reasonably affordable and the interest rates at jaw dropping lows makes first time home buyers interested into becoming a home owner before they miss the boat. To make things worse the rental market is in high demand with the high volume of jobs available in the Red Deer area with rumors of  rent for a decent family home being around the $1500-$2000 range making it very frustrating to most people that are wanting to stop paying rent. One of the things I find being in real estate in Red Deer is that most people want new over something older to start with for there first home purchase when in fact you can get a great home for only $1000 a month with 5% down, very affordable if your are wanting to be a home owner in Red Deer. There are many ways to find s... 08/30/2012

I was recently told by a client that I do not act like other Realtors? HMMM I really did not know how to take that. A few days later I asked her what she meant by that. She said I was easy to get along with, that I thought of her best interests. Isn't that good? I thought that was good. She ended up buying a house. I think she made a wise decision. There were others that were grossly higher in price than the one she picked. All I did was I gave her some of my time and answered her questions honestly. Why did that make me unlike other Realtors. I would hope all Realtors would do that, I would hope that all Realtors have the clients best interest at heart. When I meet someone who is buying or selling a home, I try to balance between professional and friend, get to know your wants as a per... 03/07/2010

Today I spent the morning with a lady who is thinking of selling her home. Nice lady, hard working husband and four adorable kids. A normal Canadian family. They want to make a move but they bought in the last few years when the real estate market was hotter than now, prices were higher. There are many people in Central Alberta like this family, they bought a house in 2007 or 2008 and now its value is lower than before. Its hard for us as realtors to go to a home and tell people that they are going to lose money. This particular lady knows whats happening and really was not that surprised. We talked about everything from improvements to saleability. Saleability is what I think I excell at. Saleability is how much interest your home will have on the market right now. Like I told this lad... 02/08/2010

We finished 2009, the end of the first decade of the "New Millennium".  This month we've been busy returning to work focusing on new goals for the new Year.  At Century 21 Advantage we have also been preparing for our kick off meeting.  This is the meeting where we present tips, tools and information to our associates so that they can better serve your real estate needs.  This year that involved gathering not just a month or years worth of data but packaging that for a decade and really comparing last year to where we have been in the real estate market for Red Deer. The real estate data for the last year compared to previous years tells us a great deal.  We can't dwell on the first three months of 2009, as we know we experienced an economic down turn not like another.  We are still bui... 01/24/2010

October in Red Deer is a weather roller coaster and a busy time for many.  We get snow, rain, and sometimes both.  We have family gatherings surrounding Thanksgiving, and parties at the end of the month surrounding Halloween.  October is a fun month and diverse month. In Red Deer real estate, October 2009 was stronger than October 2008! The number of sales reported to the Central Alberta REALTORS® Association for the Red Deer MLS® was 151 properties sold up from 2008's sales number 128.                                    . 2008 100& Under 100-150 150-200 200-250 250-300 300-350 350-400 400-450 450-500 500-550 550-600 600-700 700 + Total Avg. Pr. . OCT 6 2 4 27 40 20 15 5 3 1 1 2 2 128 $297,451 . Information based on Red Deer Real Estate Board MLS Stats 2008 only.                        ... 11/20/2009

Welcome to Libertas Property Management Inc.! We are now managing in Red Deer! Congratulations on taking the first step towards a more stress free and relaxing life thanks to Libertas Property Management Inc. Let us step in and take over the worry and hassle of the day-to-day management of your property. Our goal is to provide you with Impectable Property Management. If you want more information about our company please feel free to call or email us. Sincerely, The Libertas Team! Toll Free phone. 1. 866. 478. 6493 Toll Free fax. 1. 866. 406. 2892 inforeddeer@libertasholdings.com Calgary and Red Deer p. 403. 452. 4663 f. 403. 452. 4439 infocalgary@libertasholdings.com inforeddeer@libertasholdings.com Mailing Address: Suite 162 440 - 10816 Macleod Trail SE Calgary, AB T2J 5N8 09/19/2009

Normal Market may be an applicable descriptor for the month of February. February 2009 recorded the 4th highest sales volume for single family homes when comparing to previous February sales volumes. Recent years February Sales Volume: Single Family Sales February 2009 87 2008 115 2007 96 2006 122 2005 82 2004 84 2003 49 2002 64 2001 63 2000 57 Looking back at the last19 years of sales volume for February Single Family Homes. February 2009 was a pretty darn good month. Your Friend in Real Estate Patrick Galesloot 03/16/2009

February is over and March is coming in like a Lion today allowing time to catch up on stats and planning. Sales increased as did the volume of listings from the previous week as indicated above. Sales activity increased by 28% from the week before. Expectations are that March will have more positive sales growth with the reduction in interest rates. Now lets hope mother nature cooperates to provide conditions favorable to viewing homes. February ended in Red Deer, and it ended on a positive note. After experiencing a few months of sluggish sales we experienced an increase over January. The bulk of the activity is occurring in the $250 - $350,000 range. The activity that occurred in January in that range probably pushed the wave up into higher ranges for February. People moving up from ... 03/09/2009

Real Estate Activity is on the rise! Talk to a few Realtors and you and the response will be that there is in fact more action in the market place. The numbers also reflect that as noted above. There was an increase in listings as well as sales. The weather on the weekend was fantastic. That may have something to do with the amount of traffic I witnessed at 38 Overand Place. I made arrangements to stop in at 1:30 prior to the open house to shoot some video. Well Ken Devoe was there and ready and had his signs up promoting traffic. The open house did not officially start until 2:00 but at 1:30 there were people coming through. Must have been at least 6 couples or groups that came thru in that first 45 minutes. We managed to create some videos in between traffic. From Stats Did you hear t... 02/12/2009

Here are the weekly numbers: The blue shaded areas represent homes that did not sell and are still available. We like to see that gap closer if you are selling. The bigger the gap the stronger the "buyers" market. You can see that sales were sluggish to start January 2009. Not to surprising given the doom and gloom in the air. Afterwards we had President Obama inauguration followed by the great Canadian Budget Coalition stand off that has now been resolved. Sales are down from last year January '08 versus January '09. From Stats We'll keep you informed. Your Friend in Real Estate, Patrick Galesloot 02/06/2009

It's easy for me to say you should buy now, and that the market conditions are positioned in favour of buying. I'd like your input on the real estate market. What do you thinik, should I buy a house today? What advice would you give a young couple starting out today? What about you, have you thought about if now is the right time to buy? Take a few seconds and answer the brief survey I created, I promise it is short. I'll post the results next Monday. Click Here to take survey Your Friend in Real Estate Patrick Galesloot 02/01/2009

AREA predicts decrease in prices and sales for real estate 2009. I'm in Banff today, at the Banff Western Connection Conference. A conference geared towards Realtors and Real Estate Associations from Western Canada. It is also open to Realtors from all over not just the western provinces. While it is not surprising that we are hearing a prediction regarding a decline in real estate as that has already been happening for a while now. If you've been reading my posts you already know this. Each week I've been posting "Weekly Real Estate Updates", and many of those updates in the last 4 months have illustrated the direction Real Estate Transactions and price have been taking. Being from Red Deer and somewhat of a stats guy (I love looking at the numbers), I was perked up at the point of the... 01/28/2009

I’ll tell you, it’s a good thing. A rate drop means that borrowing money to buy a house or that line of credit is cheaper. Those home equity lines of credit with variable rates are looking pretty darn good these days. Now this budget delivered today would have us getting credits and reductions. Putting more money into our pockets to buy the things we need. This combined with some of the best buyer selection for real estate in many years equates to now being a good time to buy. The rates:A 50 point drop means to you or me a savings. Right now 5 year rates can be had at 4.39%. Look at the 7 year rates and they are 5.87%. At first glance that tells me that long term rates are expected to rise. 1 year rates are at 3.5% so short term money is cheap, long term the cost of borrowing is going u... 01/27/2009

My earlier blog post I asked you 4 questions and to email me your thoughts. http://www.century21.ca/patrick.galesloot/Blog/2008_Red_Deer_Real_Estate_Market Where do you see house prices going long term? How long do you plane to live in that house? Should you wait? Can you afford to wait to buy based on past price trends? In follow up I received comments that got me thinking some more about the questions and the responses. The response was a definitive "YES" real estate values will go up long term, but overall people are apprehensive about doing so in a "down" market. There are different factors influencing your decision to buy and sell. If you are a first time home buyer the numbers speak for themselves in my opinion. Long-term, home ownership is the way to go. Look at Grandma's house. ... 01/24/2009

Wishful thinking today as it is cold, very cold -27C plus windchill. Brrrr From Red Deer, Alberta   From Red Deer      01/23/2009

The numbers are in and we've been reviewing the 2008 Red Deer real estate market quite a bit here at Century 21 Advantage. Quite a journey it has been with highs and lows in financial markets, and changes to price frequently. There were a lot of sales in the City of Red Deer. The graphs below are compiled form MLS data provided by the Central Alberta Realtors Association. The average price for 2008 when combing sales for all product types (mobiles, apartment condos, townhouses, duplexes, and single family homes) was $301,363. That is certainly where the spike of the graph is. On a month by month basis the sales volume rises and falls depending on the season, yet the grouping stayed mostly the same. The average for the year bumped up and fell in certain months but overall you can see th... 01/22/2009

If you use the web as much as I do you're looking at new content daily and implementing what you see, read, and hear into your life on a daily basis. Being committed to internet as a tool for marketing propeties and informing buyers and sellers is a priority for me. Feel free to look at the following endeavors and see some examples of the services availabel to all my clients. My Century Web, there you can search all my listings and Century 21 Listings with emphasis on photos. You Tube Channel Blogging and more Blogging, providing real estate information and community information for buyers and selelrs. Virtual Tours Full MLS Search Facebook Thanks for your feedback and support, and I look forward to providing more and learning more.   Your Friend in Real Estate, Patrick Galesloot 07/23/2008

MLS Stats: More listings available for buyers to look at. A common question we hear today is can I write an offer subject to the sale of my home? More often the answer is yes. While this may not be an acceptable term in an offer for every seller it is quite common. The Red Deer market place is such that buyers can find the house that they really want and trade up. A contrast to 2006 and part of 2007 where buyers "dream homes" were scarce and they had to settle for a home that may not have met all their needs. Today you can find a better fit if so needed. January 1, to July 1, 2008. Red Deer New Listings: 2174 January 1, to July 1, 2007. New Listings: 1786 a 21.72% Increase.   While it is considered to be a buyers market, sales do happen and are quite strong. Below the record levels of 2... 07/23/2008