Dave Dry

Banks rolling back mortgage discounts

2012-02-07T16:26:00Z

The banks have started to roll back interest rates. RBC has raised its five year rate to 3.39% from 2.99% early, this promotional rate was initially intended to end February 29. BMO has also increased its rates on 5 year closed mortgages from 2.99% to 3.45%. Other banks and lenders are expected to follow suit in the next few days. If you are in the market to purchase a home in the next 90 days I would encourage you to talk to your bank or mortgage broker. As when these rates disappear we may not...(read more)

February Newsletter

2012-02-03T00:36:00Z

December Change from to November 2011 December 2011 January Change from to December 2011 January 2012 New Listings 1,085 -715 -39% 2,441 1,356 55.5% Active listings 5,316 -1,272 -19% 5,303 13 -0.24% Sales 827 -257 -23% 881 54 6.1% Average Sale price *House and Condo sales $296,241 -$576 -0.1% $283,524 -$12,717 -4.2% House $364,803 -$931 -0.2% $352,000 -$12,803 -3.5% Condo $227,679 -$222 - 0.1% $215,047 -$12,632 -5.5% What do these statistics tell us? January is typically the least active month of...(read more)

Open House in Newton on Saturday

2012-02-02T17:27:00Z

Newton, Edmonton - We invite everyone to visit our open house at 405-5316 118 ave on February 4 from 2:00 PM to 4:00 PM.

Property information

Making your Real Estate needs my priority!

Dave Dry

Realtor, Re/Max Real Estate

Website: www.davedry.com

Blog: blog.davedry.com

Office: (780) 457 3777

Direct: (780) 446 3727

Fax: (780) 478 7017

Ways to improve your home's interior at little cost.

2012-02-02T17:22:00Z

When it comes to the sale of your home, it is the little things that can go a long way to increasing the price you will receive. Most buyers respond positively to a clean, clutter-free home that is in good condition. The more effort you put into the appearance of your home, the more likely you will receive greater activity and multiple offers. Over time, we become accustomed to our homes, often overlooking the eyesores and the list of honey-dos that were never completed. Clutter accumulates. We think...(read more)

Why it’s a good time to buy a home

2012-01-28T22:22:00Z

This is an interesting article and makes some good points and sense. I agree that if you are thinking of buying a home there may well not be a better time, with oil prices around $100 per barrel and stable the Alberta economy is expected to lead Canadian growth in 2012. A concern I have heard from some is, where am I left if interest rates go up, which is the the only way the can go its just a matter of time. If this is of concern, taking advantage of the low interest rates on 10 yr fixed is a safe...(read more)

Open House in Inglewood on Sunday

2012-01-26T17:20:00Z

Inglewood, Edmonton - We invite everyone to visit our open house at 11727 127 Street on January 29 from 2:00 PM to 4:00 PM.

Property information

Making your Real Estate needs my priority!

Dave Dry

Realtor, Re/Max Real Estate

Website: www.davedry.com

Blog: blog.davedry.com

Office: (780) 457 3777

Direct: (780) 446 3727

Fax: (780) 478 7017

Single Story For Sale in Inglewood

2012-01-18T19:06:00Z

Old world charm and modern convenience.

• 849 sq. ft., 2 bath, 3 bdrm single story - MLS® $295,000

Inglewood, Edmonton - Original hardwood floors, and cove moldings give this home old world charm. Upgraded plumbing, 100amp electrical, newer furnace, hot water tank, kitchen cabinets, appliances, all new windows, siding, and maintenance free front porch give modern convenience and reliability. The kitchen has been completely remodeled and made functional and comfortable, somewhere you will want to sit with your coffee and morning paper. The formal living room retains every bit of its original elegance. The fully finished basement has a raised engineered hardwood floor perfect for relaxing family time. Cedar lined closets show the care and thought that has been put into this home. Situated on a large lot with room enough for a garage that would make any man jealous. The perfect blend of old world charm and modern convenience. Someone is going to take advantage of all the work that has been put into this home, why not you?

Property information

Making your Real Estate needs my priority!

Dave Dry

Realtor, Re/Max Real Estate

Website: www.davedry.com

Blog: blog.davedry.com

Office: (780) 457 3777

Direct: (780) 446 3727

Fax: (780) 478 7017

Mortgage rates at an all time low.

2012-01-18T01:39:00Z

Mortgage rates hit an all time low with BMO offering a five year fixed rate of 2.99% the lowest rate in modern Canadian history. TD and RBC followed suit by cutting their 4 year rates to 2.99%. Now here is where a good thing can go south quickly. These look like good deals however there are somethings to check out. Payment flexibility: are you still able to make extra payments? if you have to / want to sell your home what is the payout penalty? If the rates go up during the amortization period of...(read more)

2011 Market statistics

2012-01-14T07:39:00Z

Please find below the statistics for the Edmonton Real Estate market in 2011. Making your Real Estate needs my priority! Dave Dry Realtor, Re/Max Real Estate Website: www.davedry.com Blog: blog.davedry.com Office: (780) 457 3777 Direct: (780) 446 3727 Fax: (780) 478 7017...(read more)

Average residential resale price 2005 - 2011

2012-01-14T06:56:00Z

Please see the information below for the average price of a resale home in Edmonton from 2005 - 2011. Some interesting numbers here. Making your Real Estate needs my priority! Dave Dry Realtor, Re/Max Real Estate Website: www.davedryhomes.com Blog: blog.davedry.com Office: (780) 457 3777 Direct: (780) 446 3727 Fax: (780) 478 7017...(read more)

2012 Edmonton Realtors housing forecast

2012-01-12T01:03:00Z

Today I attended the 2012 version of the Realtors Housing forecast. This is an event hosted by the Realtors association of Edmonton where a number of presenters recap the previous year, but more importantly look to the year ahead. The resounding message from all the presenters was that Real Estate is regional, some of what is being reported in the media is reflective of Canada as a whole. Emphasis is being put on Vancouver and Toronto where the Average home prices are: Vancouver $728,118, and Toronto...(read more)

Open House in Ellerslie on Sunday January 8

2012-01-06T16:58:00Z

Ellerslie, Edmonton - We invite everyone to visit our open house at 324-151 Edwards Drive on January 8 from 2:00 PM to 4:00 PM.

Property information

Making your Real Estate needs my priority!

Dave Dry

Realtor, Re/Max Real Estate

Website: www.davedry.com

Blog: blog.davedry.com

Office: (780) 457 3777

Direct: (780) 446 3727

Fax: (780) 478 7017

2011 Edmonton Real Estate statistics at a glance.

2012-01-05T16:37:00Z

For those who like stats here's 2011 at a glance. Jan Feb March April May June Total actives 5,633 6,389 6,885 7,715 8,180 8,432 Total Listings 2,142 2,631 2,960 3,278 3,526 3,260 Total Sales 735 1,044 1,503 1,487 1,857 1,768 Sales/ list ratio 34% 40% 51% 45% 53% 54% Sales/ active ratio 13% 16% 22% 19% 23% 21% Average sale price $310,766 $312,840 $327,725 $327,415 $331,974 $330,298 July Aug Sept Oct Nov Dec Avg Total actives 8,421 8,343 8,062 7,296 6,588 5,316 7,271.7 Total Listings 3,038 2,951...(read more)

January Newsletter and December stats

2012-01-04T20:27:00Z

November Change from to October 2011 November 2011 Change from to November 2011 December 2011 New Listings 1,800 -366 -16.8% 1,085 -715 -39% Active listings 6,588 -708 -9.7% 5,316 -1,272 -19% Sales 1,084 -86 -7.4% 827 -257 -23% Average Sale price *House and Condo sales $296,817 $3,423 1.1% $296,241 -$576 -0.1% House $365,734 $2,837 0.7% $364,803 -$931 -0.2% Condo $227,901 $4,009 1.7% $227,679 -$222 - 0.1% What do these statistics tell us? As far as I see there is nothing too surprising here, while...(read more)

What the analysts are saying about the 2012 real Estate market

2012-01-04T00:09:00Z

This an interesting article. I agree with most points, I think that given current developments in Iran in regards to the strait of Hormuz this may increase the price of oil sooner rather than later. This could really fire up the Edmonton market. Taken from the Edmonton Journal Business section December 31, 2011 Calgary, Edmonton will be Canada's hottest housing markets in 2012: Vancouver and Toronto have ranked as the hottest major housing markets in Canada for several years running. But with...(read more)