January 2008 - Posts
Selected a neighbourhood that you think you’ll be comfortable in isn’t easy, particularly if you’re trying to do it from half way across the country and you’re more or less unfamiliar with Saskatoon. I’d like to introduce
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Typical seasonal listing activity, combined with an unseasonably strong week of residential sales caused active Saskatoon real estate listings to slide again closing the week at 356 units including 159 single family homes and 157 condominiums. A total
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Saskatoon homes have taken a serious slide in affordability over the past year, landing us in the “Moderately Unaffordable” category according to the Demographia International Housing Affordability Survey: 2008 . The survey, prepared by Pavletich
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Housing affordability is expected to improve in most Canadian provinces in 2008, but Saskatchewan is not among them according to the most recent Housing Affordability study just released by RBC Economics. Following a year of record deterioration in housing
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“Marty Ummel feels she paid too much for her house. So do millions of other people who bought at the peak of the housing boom. “What makes Ms. Ummel different is that she is suing her agent, saying it was all his fault.” I came by this
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Active Saskatoon real estate listings held steady this week showing a total of 393 units including 169 single family homes and 178 condominiums across all Saskatoon neighbourhoods and all price ranges. New listings dropped to 73 homes, from 85 last week
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Over the past several months a number of my past clients have asked me about real estate opportunities in the U.S. The rising dollar, combined with reduced prices in some beautiful U.S. cities has many Canadians considering a purchase in their favorite
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Anger was the dominant emotion at Monday’s city council meeting when the application by Viking Developments to convert Saskatoon’s Milroy Apartments to condos was approved. Current bylaws require conversion applications which affect more than
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On average, it took an additional 4 days to find a buyer in December but as the supply of Saskatoon real estate listings dwindled towards year end, prices inched higher. The average selling price of a home in our city increased about $4,000 from $257,915
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The inventory of Saskatoon real estate listings saw some growth this week climbing to 393 residential units including 177 houses and 172 condominiums. Lackluster sales, combined with the strongest listings we’ve seen since the week of November 19-23
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In their latest Provincial Outlook , RBC has downgraded projections for economic growth in Saskatchewan over 2008 and 2009, but still expects the provincial economy to perform better than all other provinces, except Alberta. In spite of this short-term
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Canada’s real estate market posted significant gains in the fourth quarter of 2007 and showed little sign of the traditional seasonal slowdown. Average house prices continued to increase in the fourth quarter with many markets experiencing double-digit
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Residential real estate sales took a further dip in Saskatoon last week, with just 30 houses and condos reported sold on the local MLS®. Last week’s firm sales reflect contracts written over the Christmas week so it’s little surprise that
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Saskatoon REALTORS® were kept busy in 2007 assisting 4,446 home-buyers with their purchase of over one billion dollars of residential real estate. The $1,034,826,425.00 number represents an 88% increase in residential dollar volume from 2006, which
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