Amy Long Real Estate Edmonton

06/06/2024

1 bed, 1 bath townhome, end unit with attached garage, close to all amenities in north Edmonton. List price: $223,000.

Homes for sale: #3 12815 CUMBERLAND RD NW, Edmonton, AB T6V 0M2 (MLS #: E4390054) with 1 beds, 1.0 baths, 705 sqft, and listed for $223000.

06/06/2024

2 bed, 2 bath with underground parking. Minutes to downtown core and river valley! List price: $150,000

Homes for sale: #203 10118 95 ST NW, Edmonton, AB T5H 4R6 (MLS #: E4387694) with 2 beds, 2.0 baths, 881 sqft, and listed for $150000.

06/06/2024

The Bank of Canada decided to reduce its target for the overnight lending rate from 5% to 4.75%.

05/23/2024

Alan and I closed out our first year at our new brokerage being recognized as one of the Top 25 small teams in Canada in Q1 2024! We are honoured to make it on this list being just a two-person, husband & wife team. We couldn’t have done it without all of the referrals from our friends, family, clients, and industry partners.

Alan and I have been spending this past year figuring out how to best serve our clients as a duo. We have gotten into a good rhythm now, and when you hire us, you will get the expertise and dedication of both of us!

We haven’t had time to think about and create a team brand yet, so for now, we are the A-Team. Thank you everyone for your continued support and choosing us as your realtors 🙏 . Looking forward to connecting and helping you with your real estate needs throughout the rest of 2024 and beyond!

04/26/2024

Beautiful family home built by Jayman in a quiet and private crescent in Callaghan. Finished basement! List price: $509,900.

Co-listed with Alan Fong

View photos and detailed information for 2537 COLE CR SW, Edmonton, AB T6W 2A3 - REALTORS® Association of Edmonton (RAE), MLS , don't miss your chance to own this hot property!

04/19/2024

First-time home buyers and investors alert! Updated top floor, 2 bedroom, 1 bath unit listed for just $119,900 in Westmount!

Homes for sale: #302 10920 124 ST NW, Edmonton, AB T5M 0H5 (MLS #: E4382685) with 2 beds, 1.0 baths, 832 sqft, and listed for $119900.

04/15/2024

Market Update: March 2024

The Bank of Canada held the key interest rate again on April 10, despite a highly anticipated rate cut that we were all hoping for. The next scheduled date for announcing the overnight rate target is June 5, 2024. Currently, they are saying it’s “very likely” that we will see the first 25-basis-point rate cut in June but first they need to see core inflation continue to ease and an extended period of price stability.

Although the overnight rate hasn’t changed (which affects variable rates), fixed rates have come down recently. We are currently seeing high buyer demand, bidding wars, and properties selling for list price or over within days of hitting the market. Buyers need to be prepared, pre-approved and ready to make a quick decision once a home they like pops up. The condo market has improved as well with condos averaging 47 days on market (dropping 18 days from February 2024). Average home prices have increased for all types compared to previous months. Buyers who have been waiting for interest rates to drop before making a move in the market are unfortunately going to end up paying more for the same home now.

If you have any questions about the current real estate market, feel free to reach out!