What SCARES me about Edmontons Real estate market

🏡 Are you considering entering Edmonton's real estate market? Hold on tight, because today we're diving deep into the bone-chilling factors that may send shivers down your spine. Join us as we uncover the unsettling aspects that have left even the most seasoned investors trembling.
👻 Don't be caught in the dark - hit that subscribe button and ring the notification bell to stay updated on our spine-tingling series dissecting real estate markets around the globe. Remember, in the world of real estate, it's not always the ghosts that are scary - sometimes, it's the market itself!
#EdmontonRealEstate #MarketAnalysis #InvestingNightmares #RealEstateHorrorStories
********************************
🌇 We are live each Tuesday with Edmonton's current real estate market updates - check them out, and make sure to subscribe so you get notified!
Watch These Videos Next
********************************
🏡 Southwest Edmonton Neighborhoods
• South west Edmonton ne...
🌟 What is happening in the New Build Market?
• New Build homes in Edm...
🔥 Edmonton Insider - inside scoop on things to do for families and what is going on in our city
• What's happening in Ed...
********************************
New Videos every week so subscribe to the channel RIGHT NOW:
🔔bit.ly/2XxYuwt
********************************
🏡🏡🏡
Melody Wilson is an Edmonton Realtor® powered by Real Broker and a happily married Mom to 3 great kids! Melody and her gang like to explore Edmonton, always checking out current events, festivals, museums, playgrounds, and restaurants! (Check out our Edmonton food blog!) Melody loves all things Edmonton, including the real estate market - she's been a realtor basically all her life, growing up in the industry and officially licensed since 2009 (loving it so much it's her full time job) and is thankful to work with great clients when buying or selling in Edmonton! In the past 5 years she's helped over 400 families buy and sell in Edmonton and area.
Feel free to share with your friends and family, and subscribe to our channel for more great content on YEG, plus tag a friend, follow us on social media, or call us for your real estate needs or to chat living in Edmonton!
Support This Channel:
========================
==SUBSCRIBE== bit.ly/2XxYuwt
==LIKE== Your "Likes" help more people find our videos.
==COMMENT== Comment and ask Questions: we want to create videos that you love!
Thanks for your support, we are so thankful for those who watch our videos!!!
Want to get in touch with Melody Wilson?
You can reach her at [e-mail] or 587-805-2316
Your source for Everything Edmonton: www.liveinedmonton.ca
Real Estate Questions: www.relife.ca
F O L L O W M E H E R E !
😎F A C E B O O K ➨ bit.ly/edmontonhouses
L I N K E D I N 😄➨ bit.ly/edmontonhouse
😍I N S T A G R A M ➨ bit.ly/melody_realtor
H O M E S E A R C H 🏠➨ bit.ly/edmontonhomesearch
📖B L O G ➨ bit.ly/2KPWbyq

[@sheilarae354]

Thanks for your great information

[@ovigweeguegu2551]

This was informative and insightful.

[@Ben-vs4be]

Thank you for sharing your thoughts!

[@liveinedmonton]

Thanks for watching!

[@phoenix0110]

Thanks

[@MrTrevorDidier]

What is your "whole n'other opinion" on condos? 6:55 mark

[@patfonte9373]

Does this apply to spruce grove also? Or is just for inside edmonton city limits.

[@sigiwillett]

Really enjoy your channel Melody but not the loud background music, just fyi. Prefer only to hear you and btw thanks for all the great tips you provide :))

[@liveinedmonton]

Noted!

[@dongjunkim4741]

Thanks for sharing your insight. Your contents like this video are very informative and helpful for potential investor like myself. In the video you mentioned that you have a different opinion on condos in Edmonton. I'm looking to buy an apartment condo in Edmonton this year as an investment property. Could you share your opinion on apartment condos as an investment property?

[@treyd3433]

Hi, im not an real estate agent, but i think u might be better at going with a townhome. 3 and even 4 bedroom units are in demand. Condo fees are also lower for townhomes and usually you'll get larger square footage as well.

[@dongjunkim4741]

@@treyd3433 ive been considering that for a while but those ones fly off the shelf nowadays. I def shouldve bought a townhouse last year now i regret not doing so after seeing them hitting off while the rest of the market relatively stayed calm. Im wondering if apartment condo could be better investment opportunity at this point since they didnt see the same amount of price gain as townhouse condos just yet

[@liveinedmonton]

Happy to talk more offline as well, but you're talking to a Realtor that has seen values of condos go down, year over year. As an investment property what are you looking to accomplish? Cash flow? Equity growth?

[@dongjunkim4741]

@@liveinedmonton I may sound greedy but I want to accomplish combination of both. I've been watching apartment condos losing value for years, but It seems like apartment condo sales just started to take off. If the sales number didn't just increase by 50% year over year I wouldn't consider apartment condo as an investment in the first place. I know It's impossible to predict the future market condition. I was only wondering if it would be worth taking calculated risk and bet on apartment condo market. Or I can save some more and buy a detached house priced btw $300k - $400k.

[@digger9970]

No supply so price increases are a no brainer. Many have been arguing for a housing crash and they are wrong. Edmonton is 200k below Calgary, that will even out. Combine two other things. Rate drops, affordability increases Oil goes well over 100 barrel and stays there, creating wage increase in Alberta We see 50% increase in 5 years

[@okayman2057]

Music is too loud. Please turn it down.

[@narab-n219]

Would you recomment someone who wants an income preperty to buy let's say a townhome, half duplex or it's a better idea to buy a big house with separate entrance to rent out as a unit?

[@digger9970]

Avoid skyrocketing condo fees

[@Sandeep14736]

Please also cover housing opportunities in certain lesser known or known for wrong reason neighborhoods … Beverly, Alberta Ave, Jasper Place etc ?

[@That90sShow]

The areas full of natives and liberal meth heads?

[@niranjanroshantha8636]

can you please turn off the background music, it is so annoying to listen to you