Real Estate Blog

After a fairly strong February, the city of Saskatoon’s March housing market had spring in its step as both new listings and sales rose over last year, by five and 11 per cent respectively.

The Saskatoon Region Association of REALTORS® (SRAR) reported 702 listings were posted to the Multiple Listing Service® (MLS®), up from 668 last March, but significantly down from 850 in 2017.

Sales jumped 11 per cent to 258, up from 233 last year but down from 308 in March 2017. At the same time, the average selling price dropped four per cent to $316,445, down from just over $328,000 a year earlier, partly due to a higher proportion of entry-level home sales below $400,000. There was also a significant decrease in the number of sales recorded between $400,000 and

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Let me tell you a quick story. A few years back my friends (and clients) bought a smaller starter home that had these magical things called walls that broke up the main floor into separate areas. When they grew out of it, the wife explained she felt like when they got home from work, they were living in separate worlds, as she would spend time in the kitchen or her room and he generally took living room. Felt fractured, even divisive at times so she decided it made sense for their next property, open concept is the way to go.

What my clients want, my clients get so we got them a beautiful open concept home in Brighton. That was a couple years ago. Last weekend I was in the area doing an open house and I decided to pop in for a quick visit, see how

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If you're reading this, there is a good chance you have a pet. And if you do, you also are likely aware of yes just how much you love them, but also how much havoc thay can sometimes wreak in a house. I can vouch for this. I have two myself, and it's safe to say they have deappreciated my house. Now to what degree, I can't be certain (I don't really want to quantify it, as it's in my best interest to actually like my dogs). But I harbor no illusions in regard to the negative effects they've caused my property. Despite this, of course I still love them.

I think I do...I mean I have to, right?

Nevermind, I guess I do. But to be more specific, my carpets and my hardwood floor have taken a fair beating. I have no plans to sell currently but accept

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Today, let's talk about foreclosures! The word itself conjures up a lot of imagery to people. Some perceive them to be the holy grail of real estate deals, while others seem to think of foreclosures as a condemned home, with boards over the windows and squatters taking up residence. Obviously the truth falls much closer to the first scenario (although usually not an enormously smoking deal as some think they are, but we'll touch on that more later), but the fact of the matter is, they do represent a unique real estate opportunity and buyers would do well to educate themselves a bit on the realities of foreclosures. That's what we're here for.

Let's talk price first. While it's true the property isn't being listed by the owner, and

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These days, the concept of flipping homes in the real estate market seems to be more prevalent than ever. More and more people with little to no experience in the field are jumping in head first without fully knowing what it takes to succeed. Between the tv shows that make it seem like a flip can be done over a weekend, and social media advertisements for flipping programs that can be learned in two weeks, it's starting to have a very casual feel to it, when the reality is quite the opposite. Basically, it's not impossible to flip homes for worthwhile profit, but it's very difficult and I'm going to list some harsh realities you'll have to accept if you are seriously pondering giving flipping a shot:

1. Low profits and high risk. The

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Now that the smoke has cleared (pun within the first sentence! Punch me in the face please) with pot legalization, we are beginning to examine the legislation on a more macro, big-picture level. The effects will be sprawling, to say the least, but for the sake of real estate, it is impactful in two main ways. 

1. Houses in which marijuana is grown

It’s obvious but important to note that this isn’t a new concept as a result of legalization, REALTORS® have been dealing with this issue for decades. Still, there are new factors to consider. First of all, if you decide to grow plants - that’s great, but please remember that FOUR PLANTS is the maximum, don’t go all George Jung. Also as REALTORS®, we would like to offer some advice as it pertains to

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Saskatoon February 2, 2018. 

January home sales in Saskatoon are off to a positive start in 2018. The number of transactions that occurred in Saskatoon was 203 units which represents an 11% increase over January of 2017. The five year average for January is 194 units. Last month’s sales activity also resulted in an increase in the overall dollar volume of 10.5% to $90,673,143 representing the highest dollar volume for January since 2014. Sales in the region surrounding Saskatoon, which includes the cities of Warman and Martensville showed a 27.5% increase with 65 transactions and an 11.7% increase in dollar volume at $18,049,600. “While it is still very early in the year, the past three months have shown trends of increasing sales for Saskatoon, which is

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Hi everyone, happy holidays! I'm proud to say my holiday shopping is done! A six-pack of beer and Amazon got the job done and I didn't even have to pull my hair out looking for a parking spot. You'd be wise to consider the same...

Anyways, today's topic is buying during the holiday season. Good idea? Bad idea? First advantage I will point out is buying with us between now and December 31st is a good idea, as our $500 buyer promotion is still on. But other than that, a lot of people are just down on buying during this time of year in general. Some of it is based on accurate perceptions but some of the negativity isn't based on anything market related at all. For the sake of positivity, today we will try and point out some nice things about buying

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You just bought a house. Well, sort of. Pending the most stressful condition of the deal, for sellers and buyers - the home inspection! With home inspections, it seems there is a ton of different ways to view them. But for the sake of expediency, we have compiled our own list of important things to keep in mind in the event of you buying a home subject to home inspection:

1) While it's tempting to use a friend who knows a lot about homes, that usually doesn't end well. Listen, we do get the appeal...if they're a friend or relative they are trustworthy. But, compared to what? You and your friends? Sure. But it's hard for most people to know if that extends to the level of properly inspecting

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Well that Halloween edition was a lot of fun (and stay tuned for another one next year), but now back to more common advice with buying/selling a property. Today, we want to help out sellers, as it's a fairly tough go out there for anybody trying to sell their place. So, let's talk about decluttering!

There are a lot of things us REALTORS® advise a seller to do, but by far the most common, is making sure our sellers absolutely minimized the clutter in their home. This is among the most important things a seller can do. It's crucial for a few reasons: i) maximizes the square footage, ii) allows the buyer to visualize their furniture placement, iii) some buyers might assume the sellers are sort of

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