Serge Bourgoin: Hey everyone, it's Serge here again from FindMyHouse.ca eXp Realty with another edition of what you need to know about real estate. Today, I'm with Carl Bosecke, a long time friend of mine and real estate lawyer. We're going to talk about title insurance versus maybe a real property report and compliance. So what can you tell us about that?
Charles Bosecke: So, this is probably one of the most problematic areas in real estate purchase transactions. Real property reports, just as a background, is a survey of the property, which shows all of the structures and improvements on the property. And it indicates all of the dimensions of the size of the structure and the location of the buildings and the structure of the property.
Good day everyone… Hi it is Serge here from FindMyHouse.ca and eXp Realty and this is your Edmonton Single Family Home real estate update for the week beginning Aug 19, 2019
Well as most people can feel out there we still have a weak local economy. The unemployment numbers are still very soft with really nothing to indicate that they are going to change anytime soon.
Now currently there are 4,237 active single-family homes for sale in Edmonton proper. That number has remained fairly stable ranging from 4,200 – 4,400 for the past 90 days.
In the previous 30 days 741 single-family homes sold in Edmonton. That number of sales has been on the decline since our recent peak of 906 sales in the month of June. This is a pretty normal seasonal slow