Saskatoon Real Estate Resource Centre Blog

“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 story from today’s New York Times by way of the 1000 Watt Blog, one of my ...

It’s never been harder to predict the probable selling price of a home in the Saskatoon real estate market.  At most points in my career, it’s been reasonably easy to come pretty close with a little prudent research.  Now, things seem to be changing so rapidly that it’s hard to answer the question with a great deal of ...

I met with one of my newer agents the other day to review an offer he had written for one of our clients.  The offer was beautifully prepared and technically perfect.  The buyer had left no doubt that they wanted this house offering a full $20,000 above the asking price.  It was Tuesday.  The seller had instructed their agent ...

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 really appreciate your input and I’m sure Cass would ...

  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 up on the ...

  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 and while ...

  You may have heard me chirp once, or even twice about a practice which is occurring all too often in this fast moving Saskatoon real estate market.  I’m talking about MLS® listings which magically sell before they’re even submitted to the MLS® system.  It seems that everyday there are several new listings which ...

  January is not normally one of the biggest months for real estate.  We’ve just been through the holiday season, blown a wad of cash and on top of all that, it’s damned cold.  Normally, only the most motivated buyers manage to get out and look at homes.  This January, they were out and the numbers indicate that ...

  This topic has come to mind a number of times over the last couple of weeks, first through Ardell’s post titled, “Transparency – The Buyer Agent Fee.”  I thought it was time that I touched on the topic. I was speaking with a mortgage person yesterday.  He was recounting a conversation that he had with ...