September 2017

Found 7 blog entries for September 2017.

Currently in Saskatoon, we are sitting at a 38% absorption rate. That's a fancy way of saying 38% of homes listed are selling. Obviously that's consistent with the drum we've been beating for the last couple months, and that's reminding everyone that we are squarely in a buyers market. This also means a lot of properties, good, well maintained homes are sitting on the market for prolonged periods, watching their value go down and down. Is it fair? Of course not, but the market doesn't care about fairness.

If there is a 'silver lining' here. it's that you aren't alone. Due to the sheer amount of inventory here, buyers simply have the 'Cheesecake Factory' problem, which is their menus are too big. If…
209 Views, 0 Comments

First of all, this is a judgement-free post. REALTORS® are always the first ones to point out that this is one of the biggest financial decisions you will ever make in your life (which is why, you should always use a REALTOR®, but I digress). So with that said, it's understandable how one could feel the proper approach would be to overcompensate in terms of applying a seriously intense criteria to the house buying process.

Having said that, while it's good (and imperative) to be diligent in regard to making sure your home has all the things you hold near and dear to your heart, there are still some things you should remember so you don't start to create roadblocks that frankly shouldn't be there.…
301 Views, 0 Comments

You're in a loving relationship. Awesome. You want to move in together? Whoa, that's really awesome! But, hold up for a second...that's a huge move. I mean, we're happy for you and everything, but let's look at four questions to ask your partner before you actually move in to make sure you're on the same page.

1) "Hey, so how long do you want to live there?"

You don't have to have the exact same timeline, but you can't be really far off either. If one considers it a 'starter' home and the other consider it a 'forever home', there's a pretty good chance conflict will arise more sooner than later. Make sure you are pretty close in terms of how long your will

219 Views, 0 Comments

The title is pretty self-explanatory. These are just some questions you should ask when interviewing a REALTOR® pay close attention to their answers. This will greatly assist you in choosing the best REALTOR® for you.  We share them here today!

1) How many years of experience do you have selling real estate?

And don't always attach a 'more is better' policy to this. Some of the worst agents we deal with have been in the game way too long. But it's all about level of comfort. So make sure their level of experience is consistent with what you're comfortable with.

2) Are you a Licensed REALTOR®?

252 Views, 0 Comments


Jason Yochim, Chief Executive Officer

Buyer's Market Continues

Saskatoon September 5, 2017.

A slight decline in home sales year over year, low interest rates and stable home prices coupled with elevated inventory levels, continues to make Saskatoon an ideal market for home buyers. At the end of August there were 2,183 active listings in Saskatoon, just slightly down from the record set last month. “In the coming months, home buyers will look back with hindsight and realize how opportune the market was with all of these elements in place.” According to Jason Yochim, CEO with the Saskatoon Region Association of REALTORS® “It is only a matter of time before the market shifts as

228 Views, 0 Comments

Energy upgrades that can help your home sell faster Moving is stressful. Between hoping you’ll get the price you want for your current home and then packing up all your possessions into boxes, it’s no wonder that by the end you swear “I’m never doing this again!” According to a recent CENTURY 21 Canada survey which asked more than 1000 real estate agents what homeowners want, homes with energy efficient features are increasingly important to buyers, and they’re willing to pay a premium for appliances and upgrades that increase efficiency. But where should you start with so many options on the market? It really depends on your budget. Low cost upgrades (under $100): Light fixtures: If some of your lighting is looking a bit dated, you may need to

230 Views, 0 Comments