Archives for February, 2007
Posted by Norm Fisher on February 28, 2007
Cass poses a question in another post regarding the hot Saskatoon real estate market. By the time I finished my response I realized that I had written a whole new post so I brought it up front for the rest of you.
If any of my real estate friends have something to add I would [...]
Posted by Norm Fisher on February 27, 2007
The Calvert government announced another election year carrot yesterday unveiling its plan to create the “largest free wireless Internet network in Canada.” The province will invest approximately $1.3 million dollars to install wireless transmitters in various “hot spots” through Saskatoon, Regina, Moose Jaw and Prince Albert. They’ll also foot the bill for the service costs [...]
Posted by Norm Fisher on February 27, 2007
What is up with the Saskatoon condo market? One and two bedroom apartment style condos have been flying off of the market at an unbelievable rate. The price change is almost mind boggling for a market that has become accustomed to annual price increases limited to the 4%-7% range.
I met with a young guy [...]
Posted by Norm Fisher on February 24, 2007
If you’ve visited my blog before, chances are you’ve caught on to the fact that I’m very concerned about a practice which is occurring regularly which I believe is deceptive and hurtful to both buyers and sellers. It goes like this; the agent lists the seller’s property and promises to give the home full exposure [...]
Posted by Norm Fisher on February 24, 2007
Here’s a brief statistical overview of residential sales as reported to the Saskatoon Real Estate Board MLS® system for the past week.
Notable changes over the previous week:
The percentage of listings which sold at the list price or above the list price increased from 48% to 56%.
The average selling price of a home [...]
Posted by Norm Fisher on February 22, 2007
I’ve said it before and I’ll say it again. Anyone can sell a house. Anyone! If securing a private sale on your home is your only goal you’re likely to find it a snap in this hot Saskatoon real estate market.
Take this lovely little Fairhaven, Saskatoon home for example. It was offered [...]
Posted by Norm Fisher on February 21, 2007
If you’ve been shopping in the Saskatoon real estate market for longer than a couple of months I don’t have to tell you that the rules have changed this year, and they’ve changed dramatically.
At the close of 2006, resale inventory had dropped to an all time low of around 250 active listings [...]
Posted by Norm Fisher on February 20, 2007
They expected schools and playgrounds would eventually occupy the vacant space that sits at the center of Saskatoon’s Briarwood neighbourhood and some paid a premium for the opportunity to be close. Now that those plans have been scrapped by both school boards there are some lingering questions about what will become of this land.
North [...]
Posted by Norm Fisher on February 20, 2007
You might say that residents of Saskatoon’s Nutana area have their “shit in a knot” over proposed plans to build a new sewer lift station in Rotary Park and who could blame them. The idea of dealing with raw sewage in your back yard isn’t exactly appealing to anyone. City administrators are recommending council approve [...]
Posted by Norm Fisher on February 17, 2007
If you’ve spoken to a Saskatoon real estate agent lately, you’ve undoubtedly been left with the impression that the market is hot, and it certainly is. It’s very easy to lose perspective though, because we most often hear the exceptional stories repeated.
You might have the impression that all homes listed are attracting offers in [...]
Posted by Norm Fisher on February 13, 2007
Over the past 16 years, Patrick Wolfe quietly purchased a block of decrepit residential properties, one at a time, in the Pleasant Hill area of Saskatoon. A wiser investor may have wondered what the hell he was up to. Few would have ever thought that his investment would by a key component in renewing the [...]