Time to turn the page from 2011 and explode into 2012! The energy sector is providing a major boost to Alberta’s economy. According to the CMHC forecast “Alberta’s economy growth will continue, accelerated by investments in oil sands projects and higher oil prices. Oil and gas production are getting stronger, supporting other sectors of the economy like the real estate market.”
With 31,000 people moving into Alberta in 2011 and over 34,000 expected to migrate in 2012 it is sure to impact the housing market, these individuals need a place to call home. The Red Deer and Sylvan Lake inventory levels are at their lowest we’ve seen over the past 4 years. This is good news, yet I don’t expect prices to bounce off the charts. Prices in the housing market won’t grow quickly however will take us into a much more balanced market! Expect to see a small increase in this year’s market as mortgage interest rates of 3% + are at an all-time low. Remember, these low rates will not last forever!
Our team is very excited about the New Year! New beginnings, new markets and most importantly we look forward to working with all of our valued clients. This will be a year of opportunities and we are excited to be a part of your future.
Best Regards,
Kevin Lapp Real Estate Team
Our full service team will provide you with all the resources you need to help make the best decision regarding either selling or buying a home. On our site you will find all homes for sale, MLS listings, condos and properties on the market in Red Deer, Sylvan Lake, Blackfalds, Lacombe, Gull Lake, Penhold and surrounding areas the instant they become available. Our team is dedicated to providing outstanding buyer and seller representation. Call the Kevin Lapp Real Estate Team and make your next move a smart one!
We are proud to announce achieving National Chairman’s Top 1% in Canada!
Check out the Kevin Lapp Team's Red Deer and Sylvan Lake condo projects, and learn how you can get everything you want, brand new! Search new and resale condominiums in Central Alberta, and read up on current condo market trends and stats.
Read More About Central Alberta CondosHave a look for yourself and see who made the TOP 10 list, Alberta is a promissing place to be. http://money.ca.msn.com/investing/top-10-deals-in-canadian-real-estate#image=3
Thousands of Sylvan Lake and area visitors and residents are forced to drive in Red Deer for medical care each year…. So why does Sylvan Lake (and area) not have an urgent care facility?? If you care about receiving essential, 24/7 urgent care medical services in our area, please come show your support! January 18. [...]
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