real estate edmonton alberta canada General Information

* Lower interest rates have compelled the money to be diverted somewhere else for higher returns. Unlike in stock and shares investment arena, you don’t have enough instruments in real estate to spread your risks and investment. An agent who wins the confidence of the seller and includes the property in his own listing is considered to be the successful. Consequences like lean incomes, interest on the borrowed monies bother you. A mere license with knowledge of real estate rules and laws would not suffice in keeping his feet in the market. Yet the worried sellers get carried away and may falter in pricing it right which may turn away the buyers.* In case of mortgage loans, the cash flow by way of rents will continually reduce the principal borrowed. Another common problem both for brokers as well as sellers is delayed or non-receipt of payments. It is not proper to shun agents and brokers as you may miss the market price in calculating the value of your home. Statistics too reveal that housing is a risk free investment. Rising interest rates may divert the investors as the memory of the dotcom bust is still fresh.* Whenever an agent sets out to work, he needs to plan it beforehand.8 Real Estate Tips to Sellers and Speculators Rise and fall of the prices of homes is nothing uncommon in real estate business. A broker has more administrative responsibility while an agent works with clients who are interested in properties.5. The biggest and the ever recurring problem is the slump or depression

Edmonton
View of Downtown Edmonton.View of Downtown Edmonton.
Flag of Edmonton
Flag
Coat of arms of Edmonton
Coat of arms
Nickname: City of Champions, Festival City-Live all year, Gateway to the North, E-Town, River City, Oil Capital of Canada
Motto: Industry, Integrity, Progress
Location of Edmonton within census division number 11, Alberta, Canada.Location of Edmonton within census division number 11, Alberta, Canada.
Coordinates: 53°34′N 113°31′W / 53.567, -113.517
CountryFlag of Canada Canada
ProvinceFlag of Alberta Alberta
RegionEdmonton Capital Region
Census division11
Established1795
Incorporated (town)1892
Incorporated (city)1904
Government
 - MayorStephen Mandel
 - Governing bodyEdmonton City Council
 - ManagerAl Maurer
 - MPsList of MPsRona Ambrose
Ken Epp
Peter Goldring
Laurie Hawn
Rahim Jaffer
Michael Lake
James Rajotte
John G. Williams
 - MLAsList of MLAsBharat Agnihotri
Dan Backs
Bill Bonko
Laurie Blakeman
David Eggen
Mo Elsalhy
Dave Hancock
Thomas Lukaszuk
Hugh MacDonald
Ray Martin
Brian Mason
Weslyn Mather
Bruce Miller
Rick Miller
Raj Pannu
Kevin Taft
Maurice Tougas
Gene Zwozdesky
Area
 - City684.37 km² (264.2 sq mi)
 - Metro9,417.88 km² (3,636.3 sq mi)
Elevation668 m (2,192 ft)
Population (2006)
 - City730,372
 - Density1,067.2/km² (2,764/sq mi)
 - Metro1,034,945
 - Metro Density109.9/km² (284.6/sq mi)
 - DemonymEdmontonian
 - Metro rank6th
Time zoneMST (UTC-7)
 - Summer (DST)MDT (UTC-6)
Postal code spanT5A to T6Z
Area code(s)780
NTS Map083H11
GNBC CodeIACMP
Website: City of Edmonton

Edmonton (IPA: /ˈɛdmɪnˌtɪn/) is the capital of the Canadian province of Alberta. The city is located on the North Saskatchewan River in the central region of the province, an area with some of the most fertile farmland on the prairies. It is the second largest city in Alberta after Calgary, with a population of 730,372 (2006), and is the hub of Canada's sixth largest census metropolitan area, with a metropolitan population of 1,034,945 (2006), making it the northernmost North American city with a metropolitan population over one million.

At 684 square kilometres (264 sq mi), the City of Edmonton covers an area larger than Chicago, Philadelphia, Toronto or Montreal. Edmonton has one of the lowest population densities in North America, about 9.4% that of New York City. A resident of Edmonton is known as an Edmontonian.

Edmonton serves as the northern anchor of the Calgary-Edmonton Corridor (one of four regions that together comprise 50% of Canada's population) and is a staging point for large-scale oil sands projects occurring in northern Alberta and large-scale diamond mining operations in the Northwest Territories.

Edmonton is Canada's second most populous provincial capital (after Toronto) and is a cultural, government and educational centre. It plays host to a year round slate of world-class festivals, earning it the title of "The Festival City". It is home to North America's largest mall, West Edmonton Mall, and Canada's largest historic park (Fort Edmonton Park). In 2004, Edmonton celebrated the centennial of its incorporation as a city.



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