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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Houses and condos are two different types of living styles. They are similar in a number of ways but there are subtle differences that make the two completely different entities.

When you purchase a condominium unit, you will most likely pay for amenities even if you are not using them. Condo fees can also fluctuate up and down and as a result, you might be paying for things you don’t want or need. This can be a turn off for people who don’t want an extra payment on top of the mortgage and other homeownership expenses.

There are no condo fees with a house. You only pay for what you use. A large part of condo fees includes physical upkeep with snow removal and landscaping. When you are a homeowner, these duties will lie solely on you to take

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Possession day refers to the day the buyer and seller mutually agree to the transfer of funds, title and keys. This can be a stressful time for both parties based on the fact it may be the largest sale or purchase of their lifetime. There are a few essential preparations to make the transaction flow smoothly.

Buyer Preparations

The buyer must review and double-check all closing statements and calculations.  Buyers should also review the exact legal description of the property and any liens, encumbrances or other items that may concern the property.

Prior to possession, an arranged re-inspection of the property should take place. This can avoid any unpleasant surprises on moving day. On or after possession day, the buyer may overlook what

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If you wondering what is the right choice for you when it comes to mortgage insurance vs life insurance, I have put together a list of pros and cons to help make your decision.  Click here to check it out!

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Now that you have purchased your very first home, there are a few things to keep in mind. Remember, there will be no “building manager” or landlord to take care of things for you.

First things first. Locate your fuse box. Does it use fuses or have switches? Label each switch to corresponding outlets, if not done already. It’s always a good idea to turn the switches off and on a few times so you’re used to how stiff they can be.

Water, water everywhere! Find the turn-off valve inside the house so minor floods don’t become a major problem. Also, locate the toilet turn-off valve. Check to see if you will be able to turn off the outside faucets in the winter. (Hint: you may have to leave one outside faucet dripping during the cold months so you

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Despite the very cold temperatures in February, Saskatoon and region home sellers found a little warmth as new listings dropped 7% and sales rose 6%.

The Saskatoon Region Association of REALTORS® (SRAR) reported 731 homes were listed, down from 783 in the same month of last year, while sales rose to 296 from 280.

The dollar volume of homes sold through the Multiple Listing Service® (MLS®) rose 4%, to $95.8 million from $92.4 million.

Year to date, listings dropped 7% to 1,591, sales were up 1% to 570, and the dollar volume was down a marginal 1% to $180.8 million.

Excluding the region, new Saskatoon listings were down 8.6% in February to 478 — the fewest since 2013 — while sales held steady with last year, rising by one to 211. Months of inventory dropped to

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Despite the very cold temperatures in February, Saskatoon and region home sellers found a little warmth as new listings dropped 7% and sales rose 6%.

The Saskatoon Region Association of REALTORS® (SRAR) reported 731 homes were listed, down from 783 in the same month of last year, while sales rose to 296 from 280.

The dollar volume of homes sold through the Multiple Listing Service® (MLS®) rose 4%, to $95.8 million from $92.4 million.

Year to date, listings dropped 7% to 1,591, sales were up 1% to 570, and the dollar volume was down a marginal 1% to $180.8 million.

Excluding the region, new Saskatoon listings were down 8.6% in February to 478 — the fewest since 2013 — while sales held steady with last year, rising by one to 211. Months of inventory dropped to

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