Large supply of inventory

Brooks and area has a large supply of listings. This is great for the buyers as there is a wide variety of homes to choose from and there is time to shop and compare. For sellers who are serious about selling soon, there is the motivation to have your property in "show" condition and price it competitively. This is a changing trend that is not just happening in Brooks, but throughout Alberta. Brooks has many more listings now than one year ago, Calgary and Edmonton Real Estate Boards are reporting the same, as well as all other boards throughout the province. Fort McMurry is an exception as they are still booming up there. Is this the end of the world as far as real estate goes? Of course not. The market is cyclical and we have now changed to a buyer's market. It is a great time to buy, like I said earlier. Buy when the market has lots to choose from, sell when the inventory is low. "Buy low, sell high". Sounds like the stock market, yet I am still doing much better with real estate than my mutual funds and RRSPs!

Brooks Ranked 66th Best Place to Live in Canada

Residents in Brooks know that this is a great rate communities on a number of factors including,place to live. The community got a big endorsement by a nationwide poll by MoneySense and Canadian Business Magazine, which placed Brooks in 66th place, out of 154 communities surveyed. Medicine Hat finished 103rd on the list. This didn't sit well with that community. This likely comes as a shock, considering the bad publicity Brooks often recieves. On a Medicine Hat radio program last week, it lead one announcer to ask why Brooks finished so much higher than Medicine Hat especially considering that Brooks stinks. Brooks also finished higher than Red Deer, Kelowna, Grand Prairie, Camrose and Okotoks. They The best place in Canada to live was Ottawa and Port Alberni was 154th.

This article was taken from the Brooks Online May 5, 2008 edition.