Every year brings excitement, change, challenges and rewards.  We are very pleased to acknowledge our team members below for their success and awards of recognition in 2010.  We want to say a big thank you to all our past clients, and supporters who helped make this happen.  Thank you for your continued support in 2011.  Congratulations to Anu Khullar on our team for achieving the following awards in 2010:1. 10 Years of service with RE/MAX2. Volunteer appreciation award from RE/MAX River City3. ... Full Article...

As 2010 comes to a close, we can reflect on the predictions we made at the beginning of 2010 and look ahead at what 2011 has in store for us in Edmonton?s real estate market.As above, house prices were down 2.5% at the close of December, and condo prices were down 7.2% year over year. Last January we predicted ?That said I believe our market is poised for a 3-4% overall appreciation in prices with an increase in sales volume over 2009 of anywhere from 4-8%?. Although we were off on the average ... Full Article...

A little present from Ottawa this morning. Rumours of a change to amortization came true this morning as the finance department has decided to reduce the amount of amortization that Canadians can have for an insured mortgage. This once again will impact affordability for first time home buyers.  Those buyers who are already pre-qualified and have rate holds will definitely be reduced. They have not set the dates officially but it is expected for this to be in effect March 18, 2011 and the ...

We have attached for you, our January Preferred Newsletter filled with valuable information. Here is a summary on what we have to offer....  Page 1:- 2011 housing prices to climb while sales stall - more details on our blog www.PreferredGroup.ca- Getting ready for 2011? more details on our blog www.PreferredGroup.ca- Testimonials and Referrals - Thank you  Page 2:- Realtors Association of Edmonton Market Report ? Single Family and Condo Prices Slightly Lower in DecemberPreferred Market ...

Financial markets are ready to ring in the New Year after 2010 was plagued with bouts of uncertainty as to whether the recoverywould be sustained. Recently, there were hints of a change in sentiment with investors appearing to have embraced the idea that theglobal economy has built sufficient momentum to withstand the downward pressure emanating from Europe?s sovereign-debt crisis.The global MSCI world stock index was 4.1% higher in November than October, on average, and the buying continued ... Full Article...

Gazing into its crystal ball, Re/Max forecasted in a report released Tuesday that housing markets will stabilize in most major Canadian cities and that the value of homes will climb even further in the coming year.Re/Max's housing market outlook for 2011 contains mostly positive predictions but the agency doesn't expect the number of sales to increase, extending a downward trend that emerged in 2010.Canada's housing market is coming off a 12-month period that recorded about 441,000 sales, five ... Full Article...