Susan Paulsen | Edmonton Real Estate

Edmonton Real Estate News


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Please visit our Open House at 15616 80 ST.
Open House on Saturday, September 12, 2015 2:00 pm - 4:00 pm Great 2 storey family home with fully finished basement,a must see to appreciate!
Great home with wonderful flexible floor plan, perfect for family, executive couple, or even empty nesters. It is located in the lovely community of Mayliewan. This spacious 2 storey has 3 bedrooms up, which includes an oversized master with upgraded ensuite. The main level is great for entertaining, with a large family room complete with fireplace, lovely living room, & large dining room. The kitchen has featured lighting with slate floors and granite counter tops! Expect a surprise, a lovely 3 season sun room. This home has had LOTS OF UPGRADES THAT INCLUDE: GRANITE COUNTER TOPS IN THE KITCHEN AND BATHROOMS,SHUTTER BLINDS,ALL NEW WINDOWS ON 2ND LEVEL, NEW ROOF APROX. 7 YEARS AGO, NEW FURNACE APROX. 5 YEARS AGO,& NEW GARAGE DOOR. YOU WILL BE IMPRESSED WITH BEAUTIFUL HARDWOOD AND SLATE FLOORS...
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Average residential prices post modest gain of 1% over August of last year

Edmonton, September 2, 2015:  The average residential price in August for the Edmonton Census Metropolitan Area (CMA) is up 1% year-over-year (YoY) and down slightly by 0.2% relative to last month. A single family home in the Edmonton Census Metropolitan Area (CMA) sold for an average of $439,829; up 0.7% from July and up 1.0% YoY. The average for all residential properties sat at $372,256; down 0.2% from July and up 1.0% over last August. 


“Edmonton continues to experience a relatively stable market with respect to year-over-year prices.  A slower pace of sales, combined with growing inventories, are creating favourable conditions for entering the Edmonton market,” explains Geneva Tetreault, Chair of the REALTORS® Association of Edmonton. “We have a great selection of inventory this year, a luxury we did not have last year. Sellers may have to wait a little longer to sell their...

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(NC) When it comes to real estate, there is no shortage of terminology and plenty of room for confusion. Here is a list of a few common real estate terms you'll hear at least once during your home buying and selling process:  

 

• Fixed-rate Mortgage: The mortgage rate and payment you make each month will stay constant for the term of your mortgage.

 

• Variable-rate Mortgage: The mortgage rate set by your lender will change with the prime lending rate. These loans may be beneficial if there is a sudden fall in lending rates, but higher interest rates will mean larger monthly payments.

 

• Amortization: The number of years it takes to repay the entire amount of the mortgage.

 

• Title/Title Search: Title is the legal evidence of ownership in a property. A Title Search is a detailed examination of the ownership documents to ensure there are no liens or other encumbrances on the property, and no questions regarding the seller's...

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