Archives for May, 2010
Posted by Norm Fisher on May 30, 2010
“The future is written for Riversdale” and at least one Saskatoon business leader sees better times ahead.
Curtis Olson, of Shift Development Inc. recently purchased the old Joe’s Cycle Building at 220 20th Street West. When renovations are complete the building will become his company’s head office and a business hub for other “forward thinking businesses” [...]
Posted by Norm Fisher on May 29, 2010
A short week brought declines in both listings and sales to the Saskatoon real estate market. Local agents reported just seventy-three firm house and condo sales this week, a decline of nine from the previous week and well off of the one hundred and thirteen sales reported for the same week last year. With just [...]
Posted by Norm Fisher on May 27, 2010
A plan to extend 25th Street from 1st Avenue North to Idylwyld Drive will move forward despite a doubling of costs since plans for the project were first approved by city council a year ago. On Monday, council approved a $17 million dollar budget paving the way for work to begin. Utility work will start [...]
Posted by Norm Fisher on May 27, 2010
I’ve just read “Assessing Vulnerabilities in the Canadian Housing Market,” a five-page report written by CIBC economist Benjamin Tal and released on May 25. If you’re looking for some reassurances that the bottom isn’t about to fall out of the Canadian housing market, you may appreciate Tal’s assessment.
Mr. Tal clearly feels that Canadian housing is [...]
Posted by Norm Fisher on May 26, 2010
Following what Mayor Don Atchison described as “the most due diligence that the city has done on any land sale,” an agreement was struck with Lake Placid Developments to purchase “Parcel Y” at River Landing in Saskatoon’s Central Business District for a price of $5,240,494 yesterday.
Star Phoenix writer David Hutton is reporting that “City council, [...]
Posted by Norm Fisher on May 25, 2010
Housing affordability in Canada deteriorated for the third consecutive quarter and is likely to erode further over the next 12 to 18 months, despite changes in conditions which point to more balanced real estate markets, according to the RBC Housing Trends and Affordability study released today. Anticipated interest rate hikes are expected to increase the [...]
Posted by Norm Fisher on May 22, 2010
Congratulations to Erin Trumbley who won a free MacBook computer just for connecting with TeamFisher on facebook. You should try it. You might “like” it!
Posted by Norm Fisher on May 22, 2010
Saskatoon real estate agents reported a total of eighty-two sales of detached houses and condominiums to the local MLS system this week, a drop of just three from last week, and on par with the same week in 2009. For the month, residential sales are pretty much even with last year. To date, 253 properties [...]
Posted by Norm Fisher on May 21, 2010
Here is handful of my favourite real estate blogs and websites where I’ve found the best content for the communities represented. They’re organized alphabetically by city.
Great Canadian real estate blogs and websites
Calgary, AB – Bob Truman
Calgary, AB – Mike Fotiou
Calgary, AB – Nevin Van Nest
Collingwood, ON – Marg Scheben-Edey
Edmonton, AB – Sheldon and Sara
Halifax, NS [...]
Posted by Norm Fisher on May 21, 2010
The City Park Community Association hopes to find financial backing that might allow them to purchase and take control of the First Nations University of Canada (FNUC) campus, which will soon be offered for sale due to a financial restructuring that became necessary when federal funding for the university was lost.
Various concerns have been voiced [...]
Posted by Norm Fisher on May 20, 2010
From today’s Star Phoenix regarding River Landing and Parcel Y in the Central Business District of Saskatoon.
The deadline for city council’s final decision on whether to sell River Landing’s anchor property to Lake Placid Developments or open it up to other developers has been pushed back to June.
Read more here.
I’m always happy to answer your [...]