Michele Weselake

Edmonton is an economic powerhouse brimming with vibrancy, passion and pride. It had the fastest growing economy of any large Canadian city in 2011 and the fourth-highest GDP growth of all Canadian cities, after St. John’s (5.4%), Regina (5.1%), and Saskatoon (4.6%).

2011 Real GDP growth
Edmonton 3.9%
Alberta 3.1%
Canada 2.1%

Edmonton has a gross domestic product of $53.891 billion and a population of 1.16 million. It is the service centre for northern Alberta, where $196 billion worth of major capital projects are planned for the coming years. Advance your career in the region that drives our nation’s economy. Here you can earn more and pay less tax — Edmontonians earn the highest disposable incomes in Canada and enjoy the most affordable urban home ownership.

Bring your business to a region that offers the lowest taxes around, and created more jobs in 2011 than anywhere else in Canada. This is where your hard work is rewarded, where your research can bear fruit, where your company will thrive. The opportunities here will astound you.

Enjoy the friendliness of a small community alongside the attractions of a big city. Canada’s Festival City offers incredible arts and culture, a vast river valley and a host of year-round celebrations. Raise your children and families where they can excel in some of the country’s top public and post-secondary schools and feel good knowing we have one of the world’s highest rated public health systems.

Your future is bright in Edmonton!

Learn more about investing and working in Edmonton by exploring this website. For more information, contact:

Kent McMullin
Director, Business Development
KMcMullin@edmonton.com
780.917.7645

For All your real estate needs

Contact me Now

Michele Weselake  780 901-4770

www.MicheleWeselake.com 

Edmonton, January 4, 2012: The REALTORS® Association of Edmonton reported that the all-residential average price for real estate sales through the Multiple Listing Service® (MLS®) in December was up 1.7% ($316,415) from a year ago. The average price of a single family detached home was also up 2.0% to $364,803 from December 2010. Relative to last December housing prices were up overall as well. As typical for December when sales usually fall off, month over month sales were down 27% and prices dipped 1.5% as compared to the November figures.

“With economic uncertainty impacting Europe and depressed housing markets in parts of the United States, it is a relief to report on the stability and health of the local real estate market,” said REALTORS® Association of Edmonton President (2011) Chris Mooney. “With prices and sales varying within a small range there is a solid base going forward into the 2012 market.”

B uSi n eS S S t R e nGt hS
• Capital city of the province with the
strongest period of economic growth in
Canadian history
• Serviced by both Cn and CP, positioning the
city to be well-connected by rail to the rest
of Canada and the U.S.
• edmonton’s international Airport is the
fastest growing major airport in Canada,
offering non-stop daily service to 10 key
u.S. destinations and London’s heathrow
Airport
• One of the most competitive corporate tax
environments in north America with no
provincial sales tax, capital tax or payroll
tax

source: http://edmonton.com/files/Edmonton_Now.Mar_09c.pdf

October real estate market slower but not at all scary

Edmonton, November 2, 2011: In October the streets are overrun with ghoulish figures and scary characters but homeowners had no reason to fear the local housing market. Average prices for all types of residential property softened in October as part of the seasonal trend. In October the average* price of a single family detached home dipped lower than the two previous years and the previous month. The average price of a condo also dropped below the two previous same-month levels and was $15,500 below the price at the start of 2011. Over-all, the average residential price dropped to the lowest point since March but was $2,500 above the same figure in 2010.

SFD average price $362,897 (down 3.4% m/m), median price $346,500
Condo average price $223,892 (down 4.4% m/m), median price $210,500
Duplex/row house average price $309,474 (up 4.7% m/m) , median price $308,000
All-residential average price $319,985 (down 3.9% m/m), median price $312,500
“The balanced market continues as evidenced by the same number of residential sales in October 2011 and October 2010,” said REALTORS® Association of Edmonton President Chris Mooney. “Although there are initial signs of labour shortages in the service sector, we are optimistic about real estate performance. As job openings increase in Alberta, people will again start to move here and drive real estate sales up.”

source -Realtors® Association of Edmonton

Edmonton Boasts many beautiful amazing unique homes in its established neighborhoods.   Many delight in the unique different look at feel of these well loved character homes.  As do I.

Westmount In Edmonton continues to be a popular designation for homeowners because its location easy accessibility around city and revitalized 124 Street

source :  the  city of Edmonton

Edmonton is stable folks!   The market is good!  People are buying and selling homes daily!    The most important thing to you???   Price it right according to what the consumers are bearing!  What does that mean to you?   It will sell if you are in the right price range!!  Too High?   You will sit there while the others sell!   And guess what people think when something has been sitting there for a while??    Right !  You Guessed it !  What wrong with it mmm perhaps now I can get or deal or worse let’ s not bother even looking at it!  Giving you no opportunity to get them in the house to even look!   Is that good for you to sell??  Absolutely not!

Here to give you the honest goods on how the market really works!    Contact me for a passion professional interested in only results for you so you can move on !

780 901-4770  Michele   ‘with one L ‘    Buy or Sell with Michele   You’ll be glad you did!

You Don’t have to Shop for a House the Hard Way ! (edit/delete)

Most of us have no idea where to get started to shop for a home

Years ago I didn’t either… got on the computer, looked in the paper drove around.. dropped in some open houses… call ten thousand realtos on houses i thought I might like.. I didnt have a clue!

Then I bought a house without an inspection the realtor said I didnt need one…. boy have I learned since then

Now as a REALTOR®, a Real Estate Professional I can help

Ask People you know who the would recommmend Word of mouth is powerful Its how my business is built

Check them out see if they will spend the time with you to walk you through the process before just buying something. This is likely the largest purchase you will make in your life. You are worth the extra time it takes to make sure you are in the know!

1. Did you know You Don’t have to Drive around for hours and Phone Every Single person yourself??

2. Did you know you can pick Your Very Own real estate professional Your very own REALTOR® to have your back for all of the process?

3. Did you know it does not cost money for them to help you with your house shopping unless you both agree to a price to do so?

Any questions whatsoever I am here to Help

www.MicheleWeselake.com

Edmonton, March 2, 2011: It was 2009 all over again if the housing figures released by the REALTORS® Association of Edmonton are any indication. Prices for all categories of residential property sold in February mirrored prices in the same month in 2009 after showing pricing gains from January this year.

Single family detached properties sold for $359,934 on average* in February; up 1% from January. The February price was down 3.1% from a year ago but close to the $349,810 price in February 2009. Condo prices followed the same pattern. At $230,911 on average, condos were up 4.5% from a month ago but down 0.65% year over year. In February 2009, condos sold for $229,685. The average price for a duplex/rowhouse in February was $303,440; up 2% from January but down 5.6% from a year ago. In 2009, the February price for this category was $288,379.

“Sales and prices in early 2010 were pushed up by the impending mortgage rate increases and qualification changes,” explained REALTORS® Association of Edmonton President Chris Mooney. “Now that the market is stable, price levels have returned to the 2009 levels. However, the price increases for all housing types from January indicate the slow upward movement that local REALTORS® anticipated.”

The all-residential average price (including single family, condo, duplex, townhouse, mobile home and other residential housing types) was up three quarters of a percent from January but down 1.8% from a year ago. However, at $312,840 it matched the February 2009 price at $310,488.

REALTORS® listed 2,631 residential properties in February and sold a total of 1,044 properties. Current residential inventory is 6,389 up 13.4% from last month. The sales-to-listing ratio in February was 39% with days on market down from 67 to 58 days. “With the recent announcement by the Bank of Canada that interest rates are not being raised, consumers can have confidence in the strength of the local real estate market,” said Mooney. “Call a REALTOR® to begin your house search.”     I am happy to help whether purchasing or selling Contact me now     Michele