November 2016

New week, old rate. The mortgage rate didn't budge this week.

Thanks again to Chita Metcalfe for sharing this mortgage rate info. You can check out Chita @ Edmonton Mortgage Source.

For more from Team Leading Edge, follow the team on Twitter at @teamleadingedge. Make sure to subscribe to Team Leading Edge to get newsletters on the Edmonton Real Estate market.

Note: Remember, you can access all our available Homes For Sale in Edmonton through our Edmonton MLS Listings page.

You’re finally near the end of your journey--after waiting for days to be pre-approved, spending countless hours scouring the Edmonton MLS for that dream Edmonton property, viewing Open Houses and submitting offers… you’re at the finish line at last, the move-in!

Just like all the other activities prior to the move-in, you have to take several steps in order to make certain that everything go without a hitch. Below is a checklist of things that you will need to do before you officially move in to your new Edmonton residence.

SCHEDULE THE MOVERS

Upon confirmation of the exact date of your move-in, you must immediately book a moving schedule. Don’t underestimate the volume of people using the services of local moving companies in

Green outscored the Red! The Edmonton real estate market improved this past week.

In the All Edmonton Homes segment, New Listings gained a 5.44% increase to reach 349. Average List Price, although it was in the red territory has slightly recovered, falling just 1% vs its 2.17% drop in the week covering Nov 11 - 18 2016. The same thing goes to the Average Sale Price, falling by only .24%, a better prospect than the 3.37% decrease the previous week.

Average Sale Price / Sq Ft also recovered, posting a .38% gain. Average Days On Market jumped 15.79% while Total Sales grew to 184, a 14.28% increase.

The market is starting to gain traction again, the question now is, would we see the improvements recorded this past week spill over next week?

Here is this Wednesday's Mortgage Rate Update.

Its virtually unchanged, the Canada Mortgage and Housing Corporation hasn't done anything major "yet" to move the rates up or down.

If you liked this update, come and follow the team on Twitter at @teamleadingedge. Make sure to subscribe to Team Leading Edge to get newsletters on the Edmonton Real Estate market.

Note: Remember, you can access all our available Homes For Sale in Edmonton through our Edmonton MLS Listings page.

When you buy a home, the experience should be one filled with excitement, happiness, and overall bliss, not one filled with leaky basements, shorted electrical circuits and concrete patching. Those who have come to know both sides of the coin either know one of two things: what went right and what went wrong. Below you’ll find seven examples of some home buyer’s biggest regrets and, hopefully, learn a thing or two about what to avoid when buying your next home.

#1: Waiting until the last minute

One of the biggest mistakes a home buyer can make is waiting until they’ve already outgrown their current living space. When you’re practically bursting at the seams, your house hunting experience can be extremely rushed. Most buyers in this

Here are the stats for last week.

Like a roller coster ride, the market swings up and down and side to side. The week covering Nov 4 to 11, we saw the Condo Apartment segment rolling green across the board, this past week, the Average List Price remained virtually the same, gaining 6.36% vs the Nov 4 to 11 record of 6.42%. Total Sales for the Condo Apartment segment was the big winner out of all the other segments, garnering an impressive 28.57% vs its Nov 4 - 11 stat of only 3.70%. 

You can find details of the Nov 4 -11 market stats here: EDMONTON WEEKLY MARKET STATS - NOV 4 - 11 2016

4 out of our 6 market indicators were a disappointment in the All Edmonton Homes segment. New Listings are down 23.56%, Average List Price shed 2.17%, Average

Edmonton home sellers are cranking up the heat! Team Leading Edge will have 2 consecutive Open Houses in order to have the homes sold before the New Year. If you’re serious in selling your home, you better get moving.

 Today, we’d like to share how you can use the senses to your advantage when staging your home.

Here are 5 simple tricks you can do.

TOUCH

Textures and fabrics are your tool here. Try to add cloths on top of your furniture to accessorize it and you can cover old upholstery with new fabric. Washed and spotless, that’s how your bed linens should be. Splintered wooden furniture should be finished and all the corners and surfaces of the house should be dust free.

HEARING

The interior

We guess its time that time of the month again to remind everyone what not to do if they are really serious in getting their Edmonton home sold. We’ve already passed the middle-of-the-month mark and we’re down to 13 days before we enter December. Yikes! You need to move fast! 

Here are 5 things that you should avoid starting…. Now.

1. DON’T PAINT YOUR EXTERIOR WALLS WITH BRIGHT COLORS – Please, for the love of all things beautiful, this isn’t a brilliant thing to do. Having a brightly colored façade might be able to turn heads and attract attention but it would surely not impress potential homebuyers. Remember, not all Edmontonians share your artistic taste. You’re in this to sell, so in order to do just that, your property needs to appeal

Are you thinking of finally buying that dream Edmonton home of yours? Well, here's your chance to own it! Below are the mortgage rates available today.

Variable rates change frequently, contact Chita for current rates

Financing your dream Edmonton home should be one of the most exciting things to happen this year. If you get pre-approved today, you might just be able to spend Christmas day in your new home!

Remember, Team Leading Edge will help find the perfect property for you and Chita Metcalfe of The Mortgage Group will guide you with the step-by-step process of financing that property. Subscribe to this blog to get weekly updates on the Edmonton mortgage rates.

If you missed Canada's New Mortgage Rules report, you can catch up

It’s always inspiring to know many young adults are already thinking of owning a property before they even reach 30, its freedom from their parents or landlords, a declaration of independence if you will.

Yesterday, Aaron Dulmage, one of Team Leading Edge’s Realtors, hosted an Open House at 1851 Lemieux Close. It was a step closer for Edmontonians to finally own a piece of real estate. Sooner or later, you'll be in the same situation they were in… driving to a specific location to view a specific property-it’ll be an exciting time!

To help you successfully go through this venture, the team has gathered 3 simple tips to serve as a guide and a reminder. 

1. KNOW YOUR FINANCIAL LIMIT – We’ve always mentioned this when it comes to mortgages;