The A-Team Housing Market Blog

In-Depth Analysis of the Fort McMurray Real Estate Market
 
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  • Fort McMurray Housing Market: April 2019 Update

    May 5, 2019 The A-TeamFort McMurray Housing Market: April 2019 Update
    April 2019 brought with it better weather, a provincial election, and new housing market action. What will the political impact be on our community? Are prices still falling? A-Team leader and buyer specialist Tom Albrecht returns with a housing market update for April 2019. Transcript Follows: Hi guys. Thanks for ...
  • How Much Have Fort McMurray Home Values Fallen?

    April 26, 2019 Tom AlbrechtHow Much Have Fort McMurray Home Values Fallen?
    How Low Have Prices Reached? People keep asking us: “How much have Fort McMurray home values fallen?” They also ask: That, and “Will home prices go up?” We can’t answer the second question, but we can definitely answer the first one. This isn’t an easy article to write at all. So here is my warning: ...
  • Fort McMurray Housing Market: March 2019 Update

    April 13, 2019 Tom AlbrechtFort McMurray Housing Market: March 2019 Update
    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. Transcript follows: Hey guys, it’s been ...
  • Fort McMurray is Running Low on Vacant Lots

    February 23, 2019 Tom AlbrechtFort McMurray is Running Low on Vacant Lots
    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 ...
  • How Will The Camp Moratorium Affect Fort McMurray Real Estate?

    February 16, 2019 Tom AlbrechtHow Will The Camp Moratorium Affect Fort McMurray Real Estate?
    Introduction 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 ...
  • Fort McMurray Housing Market: February 2019 Update

    February 9, 2019 Tom AlbrechtFort McMurray Housing Market: February 2019 Update
    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. Transcript follows: Hey everyone, it’s Tom Albrecht with the A-Team. It’s been a ...
  • Fort McMurray’s 2018 Real Estate Market in 7 Charts

    December 19, 2018 Tom AlbrechtFort McMurray's 2018 Real Estate Market in 7 Charts
    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. Perhaps ...
  • When Will Fort McMurray Homeowners Be Able To Sell Again?

    December 10, 2018 The A-TeamWhen Will Fort McMurray Homeowners Be Able To Sell Again?
    Introduction 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… xxxxx The housing market ...
  • September 2018 Fort McMurray Market Update: A Normal Fall?

    October 2, 2018 Tom AlbrechtSeptember 2018 Fort McMurray Market Update: A Normal Fall?
    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: Following ...
  • Fort McMurray Housing Market Update (August 2018)

    August 22, 2018 Tom AlbrechtFort McMurray Housing Market Update (August 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 ...
  • Are Fort McMurray Home Prices Going Up?

    June 14, 2018 Tom AlbrechtAre Fort McMurray Home Prices Going Up?
    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 ...
  • YMM Market Update: Average Discounts Still Favoring Buyers

    March 17, 2018 Tom AlbrechtYMM Market Update: Average Discounts Still Favoring Buyers
    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. ...
  • Then & Now: $300K of Fort McMurray Real Estate Over The Last 20 Years

    February 28, 2018 Tom AlbrechtThen & Now: $300K of Fort McMurray Real Estate Over The Last 20 Years
    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… Here goes… 1998: Pretty ...
  • Is It a Good Time To Buy an Investment Property in Fort Mac?

    February 10, 2018 Tom AlbrechtIs It a Good Time To Buy an Investment Property in Fort Mac?
    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 ...
  • New Fort McMurray Listings: Where (& How) To Find Them This Year

    February 6, 2018 Tom AlbrechtNew Fort McMurray Listings: Where (& How) To Find Them This Year
    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 ...
  • Boom & Bust or Balanced Future: Facebook Poll Results

    February 3, 2018 Tom AlbrechtBoom & Bust or Balanced Future: Facebook Poll Results
    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 ...
  • Why Are Houses So Expensive in Fort McMurray?

    January 22, 2018 Tom AlbrechtWhy Are Houses So Expensive in Fort McMurray?
    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 ...
  • New Home Listings in Fort Mcmurray: Where Are They?

    January 14, 2018 Tom AlbrechtNew Home Listings in Fort Mcmurray: Where Are They?
    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 ...
  • The 2018 Fort McMurray Real Estate Market

    December 30, 2017 Tom AlbrechtThe 2018 Fort McMurray Real Estate Market
    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 ...
  • The Effect of Oil Prices, Employment and Interest Rates on the Fort McMurray Housing Market

    November 5, 2017 Tom AlbrechtThe Effect of Oil Prices, Employment and Interest Rates on the Fort McMurray Housing Market
    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 ...
  • Fort McMurray Housing Market Recovery: 8 Signs to Look for

    September 2, 2017 Tom AlbrechtFort McMurray Housing Market Recovery: 8 Signs to Look for
    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. Another ...
  • Fort McMurray Real Estate Crash: A Timeline

    July 29, 2017 Tom AlbrechtFort McMurray Real Estate Crash: A Timeline
    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 ...