Purrfect Properties Blog

Posts Tagged ‘Jeanine Osborne’

#Remax #OpenHouse in #Glenridding #YEG

Monday, May 28th, 2018
open house in glenridding

open house in glenridding

You’re invited to my next #openhouse #yeg this #sunday #sundayfunday June 3 from 2-4 pm in #glenridding #edmonton 🏡🙏👍🦄🐈 Refreshments will be served. Come and check out this lovely #home in #southwestedmonton
#PurrfectProperties #yegger #yegre #yegrealtor #yegrealestate #yegrealty #remax #realtor #realestate #realtorlife #yegopenhouse

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Will the Foreign Investor Tax Help You Buy Property?

Wednesday, November 23rd, 2016

If you’ve been watching the headlines, you’ll know that there is a lot of frustration with regards to two large Real Estate Markets in Canada.  One is Vancouver and the other is Toronto.  Recently the BC Government introduced a 15% Foreign Investor tax on property purchasers in B.C.  Christy Clark can be heard saying ‘that is the impact we wanted to have.’  To cool their Red Hot real estate market and that’s just what they did. According to data released by the B.C. government, billions of dollars in Metro Vancouver real estate deals dried up and almost overnight.

In fact, on the last day before the changes came into effect, 55% of all purchases were done so by foreign investors.  Probably some good, but most likely moreso just more buyers to add frustration into an already highly overinflated market area, where the regular Canadian cannot afford to buy a home. Instead, these homes sit vacant and derelict, causing rental and property prices to rise. It’s great what B.C. did, but did you know that China took action against B.C. and their politics first?  That’s right, China said they were going to come to Canada and sue to get their money back.  It is unprecedented and has been put forth to show an example to their own citizens.

The Chinese plaintiffs are asking B.C. judges to enforce monetary judgments awarded in Chinese courts. These Chinese rulings typically involve people found in China to have defrauded Chinese banks or business partners and then fled to Canada with the money and invested in real estate here. Billions of dollars of bank faud proceeds are alleged to be invested in BC, while Lawyers in Vancouver say they are seeing a substantial increase in B.C. court cases filed by Chinese companies seeking to seize real estate assets from Chinese immigrants in B.C.

Perhaps B.C. didn’t want all the attention they were getting, as they decided to help China and Canadians out by adding another tax to your total when buying in B.C.  The Greater Vancouver Real Estate Board revealed the number of homes being sold had dropped significantly and prices had stalled since it came into effect.  See below:

In the end, China coming in to sue for recovery of money will show some foreign investors that if they would like to own property in Canada, they should do it with their own money.  A wee ocean isn’t that much to cross to get back a few million.  The changes to mortgage loan values, as well as the vacancy tax starting in January for Vancouver, all help Canadians such as you and I buy and keep our properties.  Canadians who had to work for their millions and mansions. Right on China, Right on B.C.

Now that’s the Cats’ Meow in Real Estate.

The Spotlight is on Fall as Edmontons listings’ are Reduced.

Monday, September 26th, 2016

Edmonton Real Estate Market Reports for September 2016

School is in and as the kids focus on their studies, the business world wakes up and the Real Estate market resumes back after the last of summer holidays.  That is the serious folks anyways.  Now is the time where we start to see the listings drop off and the less motivated sellers exit the market.  If you’ve been thinking of selling, now is a great time to get into the market.  Interest rates are the lowest they’ve been and that makes for some interesting shifts in housing. We’ll help you get there. Join our monthly mailing list, send us a quick hello or give us a call and ask your questions.  We’d love to help you.

Don’t forget to mention anyone who needs real estate help.  We are here and we love your referrals.

Judge for yourself, don’t listen to the news!

Last August (2015) we had 2,930 new listings come on the market and a total of 7,227 properties for sale.  This August  2,747 new listings appeared for a total of 7,908 on market. This is continuing last years trend with an abundance of properties for sale, and folks looking to move around at 5.52 months of inventory.

Last August (2015) a total of 1,555 homes sold in the Edmonton area.  This August 1,433 sold.  About the same number of sales.

Average Days on Market – 55, the same as last year, up 1.8% from last month which had 56 DOM

Odds of Selling – 1,433 out of 7,908 listed, down 15.57% from last year, down 11.83% from last month

Average Selling Price:

     Condo Apartment: $251,526, down 3.41% from last month anddown 1.12% from last year.

     Condo Townhouse: $344,337, down 2.02% from last year and 0.36% less than last month.

     Single Family Dwelling: $434,362, down 0.80% from last year and down 3.21% from last month and the

Average selling price in the City of Edmonton is $369,956, down 0.05% from last year and down 3.62% last month.

Home Sales by Price Range: The highest percentage of properties are and have the tendency in Edmonton to sell in the $300,000-$399,999 price range, and this year 34.03% of homes have sold in this price range. Second position goes to the $400,000-$499,999 price range at 20.82%.  Third place is the $200,000-$299,999 and 20.62%. These haven’t changed very much from month to month as this works in with Edmonton average earnings per family.

53 Years average of price increase for the City of Edmonton is 6.86%.

Prices have gone up for this year by 0.62%. A small reduction in the high end luxury market in Edmonton, in comparison to what is going on in the rest of our province.

Want market information about listings in your area or a free market anaylsis for your home?  Sign up here.

To download your full copy of this report – click here.

Cheers and chat soon,  Jeanine

School is around the corner but did YEGRE fail the grade?

Wednesday, August 24th, 2016

Edmonton Real Estate Market Reports for August 2016

School is right around the corner and with that, comes the end of the push for Edmonton families to get into their new homes by the start of the school year.  The last little bit of holidays and vacations are coming to a close, but is the Edmonton Real Estate market fading?  No, not so much. lol. If you watch the news, local or national you will get some supporting stories and some contradictory stories, but in the end, they are all stories.  Thoughts coming out of someone elses’ imaginations, studies, education and opinions.  However, there’s one thing you can’t change and that’s the facts.  Is Edmonton doing as poorly as they say it is?

Judge for yourself!

If you, your friends or family are looking to buy or sell Real Estate, please refer them to me.  Your referral is the best compliment I can receive.

Last July (2015) we had 2,895 new listings come on the market and a total of 7,226 properties for sale.  This is continuing last years trend with an abundance of properties for sale, at 5.31 months of inventory.

Last July (2015) a total of 1,889 homes sold in the Edmonton area.  This February 1,515 sold.  About the same number of sales.

Average Days on Market – 56, down 8.9% from last year, down 5.4% from last month

Odds of Selling – 1,515 out of 8,048 listed, down 29.14% from last year, down 18.82% from last month

Average Selling Price:

     Condo Apartment: $257,482, down 1.91% from last month and up 0.5% from last year.

     Condo Townhouse: $348,050, down 1.39% from last year and 2.29% less than last month.

     Single Family Dwelling: $450,366, up 3.07% from last year and up 3.51% from last month and the

     Average selling price in the City of Edmonton is $384,504, up 3.33% from last year and up 188% from last month.

Home Sales by Price Range: The highest percentage of properties are and have the tendency in Edmonton to sell in the $300,000-$399,999 price range, and this year 34.17% of homes have sold in this price range. Second position goes to the $400,000-$499,999 price range at 21.10%.  Third place is the $200,000-$299,999 and 20.36%. These haven’t changed very much from month to month as this works in with Edmonton average earnings per family.

53 Years average of price increase for the City of Edmonton is 6.87%.

Prices have gone up for this year by 0.77%. Give it a few months and I predict we will see the same prices as last year, with a small reduction in the high end luxury market in Edmonton

Want market information about listings in your area or a free market anaylsis for your home?  Sign up here.

To download your full copy of this report – click here.

Cheers and chat soon,  Jeanine

Edmonton Real Estate Market Reports for July 2016

Friday, July 15th, 2016

Edmonton Real Estate Market Reports for July 2016

Christmas Decorating, Cookies and Crafts with this Remax REALTOR®

Friday, December 18th, 2015

Hi Folks,

A few days away from Christmas now, and the time I have is speeding by me.  I still haven’t mailed my Christmas Cards and clients are still viewing, buying and selling homes.  This year has brought its’ challenges and accomplishments.  Overall, I’ve busted thrugh a few milestones and marked performance levels for myself.  I was ready for some serious Arts and Crafts time as we entered this season.  I’ve had my decorations up for some time, been christmas baking, wrapping and sending out cookies in the mail and I managed a heck of a lot of personal pride in the decoration of our dining room chandelier.  Seriously, I could stare at it all day.

I’m the kind of person that I don’t just do things.  I do things with all of my heart and soul.  This is the first home that I have gone all out for decorating.  Our friends say that it is decorated like a showhome.  It’s probably because I spend a lot of my time in showhomes or homes that are staged.  I come from a Design and Visual Background and I could easily say that decorating; whether for Christmas or not, is a hobby of mine.

Here’s a peek into some of my christmas crafts and therapy time for 2015:

Prep for all my Christmas Decorations began back in November.  Dollarama is one of my major targets when I decorate.  They always have the basics.  These Window garlands are one of my favorite decorations in the home.  After looking at a bunch of window decorations, I decided that the colorful ribbons made all the difference in the world for this project.  They add the whimsical flavour of whoville that I desired to recreate!

The best window garland I made this year is on our main floor.  I love this one.  The white/silver deco mesh really added to the fullness of the garland. Those big 4″ ball ornaments – Dollarama, $1.25 each.  Seriously.

If you know me, you know I love critters, all sorts of animals.  As you can see, in our home we have an Owl as a tree topper and little owls and birds all over the tree. There’s more decorations on our tree now than when this photo was taken.  I can’t seem to stop putting more ornaments on the tree.  The hubs says its’ really full.  I say, so will the garage be, come spring. lol  Shout out to the Hubs here.  He literally had to hang outside our window to get all our exterior lights up.  You’ll also never believe how much he wanted those Deer on our front lawn.  More crittters… lol

   

The stockings were all hung by the chimney (ok fireplace) with care…

 

Then came the Christmas baking.  There were some top shelf favorites right out of the gate this year.

 

The dark cookies you see in the above two photos were a serious hit with our family.  My hubs barely left any on the cooling sheet the first night they were baked and within afew days I was baking more of them.  I think in total we must have make 18 dozen or so cookies.  The Chocolae Peppermint Brownie cookie was the big leader, quickly followed by the Egg Nog Rum cookies you see in the photos, with the white icing.  The pink icing are peppermint melt aways.  They did exactly what they say, melted as soon as they were popped in your mouth.  Yummy.

 

I found a Martha Stewart recipe I wanted to try for Gingerbread Men.  This was a honey Gingerbread man, and it turned out just fine.  The decorating of these little guys was the best part.  Unfortunately I didn’t plan ahead and I didn’t buy a girl cookie cutter.  I haven’t shown you a good angle on the girls in the photo for one reason.  They look horrid.  Actually they look like they grew underpants or something… You can use your inagination here, no amount of icing cleaned up the patch I inserted between the boys/girls legs to fill it in like a dress.  Epic fail here. lol

 

Prep to mail out the sets of cookies to our family was a little more complex than I thought originally.  6 sets of family getting cookie boxes.  Luckily, my Mom got hers without a single cookie broken.  ALthough to note, in the future I would use a buttercream icing on all the cokies and not a Royal Icing version as I had put on some of them.  But a person learns, don’t they?  Next year, it’s  buttercream, buttercream all the way.

Below you will find some links to some fun Edmonton Chrismas activites still to come.

For now, take care and remember… he’s knows if you’ve been good or bad, so be good for goodness sakes.

Jeanine