- April 13, 2019
With winter come and gone, it’s time to look at what it meant for our local real estate market. Are we still balanced? Which home types sold most? A-Team leader and buyer specialist Tom Albrecht returns with a housing market update for March 2019.
Hey guys, it’s been ...
- February 23, 2019
Listings for Sale
Here’s a chart to show the inventory of vacant lots listed for sale on the Fort McMurray MLS®️ since the 2016 wildfire:
Chart 1: Inventory of Vacant Lots over Time:We can see that the number of vacant lots on the MLS®️ today is lower than it was ...
- February 16, 2019
The question in the title is easily the most common one we’ve been asked in the last two weeks.
Do you live in camp? Are you wondering how long that might last? Or, do you own a home and have been concerned about its value over the last few ...
- February 9, 2019
What does the recent moratorium order on camps around Fort McMurray mean for prices? Has the pipeline effect run its course? A-Team leader and buyer specialist Tom Albrecht returns with a housing market update for February 2019.
Hey everyone, it’s Tom Albrecht with the A-Team. It’s been a ...
- December 19, 2018
The Fort McMurray Housing Market in 7 Charts: 2018 vs. 2017
After what we have been through since 2014, it’s easy to understand why, if you are a homeowner, you might be tempted to despair.
Or as a potential buyer, you may have been delaying your purchase up until now.
- December 10, 2018
You may want to sell, but can’t (or have family members in this position).
You may be thinking of buying, but you’re nervous about the future.
You may want to understand the Fort McMurray housing market more deeply.
If any of these is true, this blog is for you…
The housing market ...
- October 2, 2018
What Did September Mean for Fort McMurray Real Estate?
Fort McMurray’s real estate market is constantly changing, and the constantly updated MLS® does a good job of recording these statistics every month. Buyer agent (and A-Team leader) Tom Albrecht takes a look at the data and shares his thoughts:
- August 22, 2018
How’s the Market Doing This Summer?
The real estate market is a good indicator of economic health in Fort McMurray, so keeping tabs on its performance is always a good idea. Buyer’s specialist and market veteran Tom Albrecht recently provided an update through our Youtube channel.
Want more market news? Stay ...
- June 14, 2018
Are Home Prices Going Up?
Can I sell my home more now than last year?
Is it a good time to buy?
You may be wrestling with whether to buy, sell, or wait. If that sounds about right these are pretty crucial questions to have answered, because having the best information ...
- March 17, 2018
The Close to List Ratio
It’s 2018, and the oil price crash is long behind us. Alberta has returned to growth, and unemployment in the Wood Buffalo region is down. In the last article we wrote about the market, we noted increased demand and reduced supply vis-a-vis last year. ...
- February 28, 2018
The Long-Term History of The Fort McMurray MLS®
Real estate markets change a lot.
…and the changes impact families significantly.
To show you the “bigger picture”, I want to take a little look back at what roughly $300,000 would a person at different times in the last 20 years…
1998: Pretty ...
- February 10, 2018
Buying Investment Properties in Fort McMurray
It’s a question we’re getting asked often these days (no one asked for about three years). The answer to the question is also relevant to potential sellers. So read on…
If you are thinking about becoming a real estate investor in Fort McMurray, here ...
- February 6, 2018
Where Are the Homes?
It’s no secret that this year there are fewer homes for sale. What’s more is that a large fraction of the available inventory is distressed listings (specifically, foreclosures).
So if you’re thinking about getting into the market, you may be growing a little concerned. If you’re ...
- February 3, 2018
What Does Fort McMurray Think of the Housing Market?
I posted a fun little poll on Facebook recently.
Actually, I posted two.
This is NOT the post I’m talking about (see comments for results):
In fact, what I asked was:
What do YOU think the future of the Fort McMurray ...
- January 22, 2018
Why are Houses So Pricey?
You may be new to town or you’ve been around for a while. Either way, if you’re asking this question, then you probably aren’t a homeowner. Maybe you’re just curious (awesome!) or you could be forming some early thoughts about buying. Perhaps you’re worried ...
- January 14, 2018
Fort McMurray’s New Listings
You may be searching for your forever home, or perhaps you plan to stick around for just a few years and are just sick to death of paying rent. Maybe that Syncrude or Suncor money is burning a hole in your pocket (housing benefits).
You may ...
- December 30, 2017
The Future of Fort McMurray Real Estate
Most residents of Fort McMurray have a significant interest the local real estate market, either as owners, landlords, or tenants.
It’s a crazy market.
And we all know that prices and rents have taken serious falls over the last three years. It has not ...
- November 5, 2017
What Will Happen Next Year?
“What do you think the market is going to do in the next x months/years?”
It’s the most common question we get asked.
And we can’t answer it.
As REALTORS®, we shouldn’t predict the real estate market. We’re not economists and so it’s not our role, so ...
- September 2, 2017
You may be reading this, trying to find the “best time to buy”. If so, maybe it’ll be your first home so you’d like to be cautious. Or perhaps you’re thinking about purchasing an investment property, and you’d like to maximize your ROI by minimizing the purchase price.
- July 29, 2017
Introduction: What Has Gone On?
“Crash” is a very emotive word.
In our profession (REALTORS®), we use the word “correction” which is a more scientific descriptor of our local real estate market since 2014.
“Fort McMurray Real Estate Forecast” is NOT the title of this post. I won’t attempt to predict ...