January 2020

Found 7 blog entries for January 2020.

Laura Balyski is an award-winning REALTOR® with CENTURY 21 Fusion, and has been selling real estate for the last 7 years in Saskatoon. Before working in real estate, she spent 8 years in sales and marketing for the hotel industry. Though she is always busy as a bee working hard for her clients, we managed to grab a moment with her to talk about her passion for real estate and why she would be the perfect fit for helping you and your family find their dream home. 

Can you tell us a little more about yourself?

I was born and raised in Preeceville, Saskatchewan, which is about 3 hours east of Saskatoon. My family owned the local hardware store, and my father instilled the principles of business in me before I was even old enough to drive a car. And

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Why not buy the downsizing home long before you ready to Down size???     Being in the Home Equity financing business for over 19 years, I have lived a lifetime with my clients!  From clients buying their very first home to expanding family needs and eventually clients needing to downsize. As I start seeing more grey hair on my head than brown it seems more of the downsizing clients come my way!!  Both my parents and In-laws have gone down that path in the last 2 years!    The downsizing conversation is always very similar from client to client. Less stairs and no yard work!!  Often this property lines up with an apartment style condo or bungalow style townhouse as the primary choices for the new “Lock it and Leave it” generation!…
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One of the most common questions I get when working with new clients, especially first time home buyers, is “what’s the difference between a buyer’s market and a seller’s market?” These terms are commonly discussed when talking about real estate and have been particularly sensationalized on television. But while you may know them and have a general understanding of what they mean, the details of what makes these markets actually are may be a little less clear. So, let’s clarify that, shall we?

What is a Seller’s Market?

A seller’s market is when there are more buyers in the market than there are homes for sale. This means the demand for housing is higher than the actual supply of homes available, so sellers are at an advantage. They know that

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2019 ends on a positive note, with strong residential sales throughout several markets.

Saskatoon

The Saskatoon residential housing market finished off on a positive note with yet another strong month of sales in December.

In the city of Saskatoon, there were 203 sales in 2019, up 24.5 percent from 2018 where 163 sales were recorded. Sales volume also increased by 8.3 percent from $55.2 million in 2018 to $67.8 million despite a slight decrease in the average home price of 1.4 percent from $338,471 to $333,857.

The region also saw increases over last year with 49 sales up from 43 – an increase of 14 percent. Sales volume rose 10.4 percent over last year from $13.6 million to $15 million, while the average price fell 3.2 percent to

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2019 ends on a positive note, with strong residential sales throughout several markets.

Saskatoon

The Saskatoon residential housing market finished off on a positive note with yet another strong month of sales in December.

In the city of Saskatoon, there were 203 sales in 2019, up 24.5 percent from 2018 where 163 sales were recorded. Sales volume also increased by 8.3 percent from $55.2 million in 2018 to $67.8 million despite a slight decrease in the average home price of 1.4 percent from $338,471 to $333,857.

The region also saw increases over last year with 49 sales up from 43 – an increase of 14 percent. Sales volume rose 10.4 percent over last year from $13.6 million to $15 million, while the average price fell 3.2 percent to

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You’ve heard it over and over again, “Why are you still renting? You’re just paying someone else’s mortgage!” And, while that’s technically true, making the move from tenant to owner is a huge step, and one that should never be taken lightly! If you think you’re ready to start wading into the water of being a first time home buyer in Saskatoon, here are a few questions to ask before getting started:

 

1. Am I Financially Ready to Become a First Time Home Buyer?

Just because you’re “paying someone else’s mortgage”, doesn’t necessarily mean you can afford to pay your own just yet! The benefit of tenancy is the option to call it quits after the conditions of your term are met; you can just wipe your hands and walk away. As a homeowner,

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