The Drumheller housing market, after falling alongside the rest of country, has finally stabilized. The result may be a market that favours buyers.
    Drumheller had roughly 139 active listings between all of the realty agencies at this moment. However, for the sellers, there are considerably fewer buyers.
    As a result, prices have fallen drastically compared to the boom seen in 2007.
    “It’s all based on supply and demand, so the buyers are in control,” said Nancy Bigelow, with Re/Max.
    ”Housing prices have definitely dropped since 2006 and 2007,” said Kelly Boyko, of Home-Town Realty. Boyko went on to explain that major developments at that time brought in many people looking for homes.
    Over the past several months there are an average of nine sales per month. Houses are, on average for the past three months, on the market 100 days before being sold, though many listings have been for sale much longer. However, winter tends to increase the time it takes to sell.
    “If people don’t price them right, they sit and it ends being harmful. People start to wonder if there is something wrong,” said Bigelow. “The best thing is to price them fairly in accordance to the market.”
    The good news is that the market has begun to stabilize, and increased by 0.6 per cent in 2011.
    “The market is definitely stable and with the weather and spring around the corner it’s going to be a good year,” said Boyko.
    Aside from the gloomy global economy, there are a couple local projects that might affect housing prices in favour of sellers.
    The planned penitentiary expansion could result in more families moving to Drumheller.
    “Any time there are new job opportunities, it impacts the housing and renting markets,” said Boyko.
    For buyers, this may be the time to start looking for that new home. Interest rates are low and there are plenty of properties to consider.
    “Know what you’re looking for, take your time, and look at more properties,” said Bigelow. “There’s a lot out there.”
    For more information about what’s on the market, check out the real estate listings in The Drumheller Mail.

    It’s tough not to tempt fate, but it looks like Environment Canada’s prediction for an extended cool winter may not exactly come to fruition.
    Residents have been enjoying a pretty mild winter in the valley. While last year sub zero temperatures and heavy snowfall kept the valley blanketed in white, so far this season sunny days and Chinooks have kept old man winter at bay.
    One place this is noticeable for the town is on its snow clearing budget.
    Director of Infrastructure Services Al Kendrick says they typically only notice their snow budget when it is running out. While in the early months of 2011, there was some heavy snowfall, the mild end to the year helped to keep the budget in line.
    “January and February of last year still counts. Last year we had to hire subcontractors to haul and such, so that put us really close, but luckily we made it through the last couple of months and we were okay.”
     He says so far in 2012 they are in line to possibly realize a savings.
    The mild weather, however, has taken a toll on the roads, especially potholes. Kendrick said they have not been too busy filling yet, but Ledcor, which looks after highways in and around town, has been working on pothole repair since fall keeping the highways up.
    While most residents can appreciate not having to shovel while the car warms in the morning, for some that try to make out a living clearing snow, it can make it a long winter.
    Bob Lee has been clearing snow in Drumheller for the past seven seasons, and he says so far this might be the toughest.
    He doesn’t bother to listen to predictions anymore.
    “You look out the window and it is what it is,” he said.
    Lee’s bread and butter is residential clearing, and he has equipment including quads and snow blowers that are sitting idle waiting for the white stuff. While most relish the moderate weather, for him to be an optimist is to look to the sky for snow.
    Farmers might be hoping to see some moisture before winter is through. Dry soil conditions coupled with below average snow packs are threatening a late start to spring grazing and increase in winterkill to hay and pasture stands.
    “Producers should plan for delayed growth on their hay and pasture lands this spring and be prepared to keep their herds on winter feed supplies for at least a week longer than usual this spring – possibly longer, depending on when we get some moisture,” says Grant Lastiwka, a forage and grazing specialist with Alberta Agriculture and Rural Development (ARD). “The dry conditions really snuck up on us after such a wet start to the growing season last year. It’s surprising how quickly things turned around.”
    According to a release from AFSC, soil moisture and snow packs are well below normal across large pockets of central, eastern and northern Alberta, with soil moisture ranging from an estimated 1-in-6 to 1-in-50-year lows in these areas. In Starland County, soil moisture generally ranges from 1-in-6 to 1-in-12-year lows, according to provincial soil moisture maps at www.agric.gov.ab.ca/acis.
    Kendrick says it is impossible to predict the weather, and notes talking to a colleague who recalled last time the area enjoyed an extended mild winter, it was slammed by an Easter snowstorm.
    Lee predicts it will be sooner.
     “We’re going to get ‘er in March, the last part of February and the beginning of March, I bet,” he said.