2012 BEGINS WITH A SELLERS MARKET
In 2012 we are starting out with a market that favors sellers. The number of residential properties listed in Saskatoon was 528 units, down only 1% from last January while the MLS® sales were up 20% to 310 units. This resulted in an increase in the average selling price of 6% to $318,163.00. There were a total of 951 active listings for January ...
Posted by Dwain Anderson
on February 1, 2012
10-year mortgage is worth a look
A 10-year mortgage offers security, peace of mind and a gap between five-year rates that makes it particularly attractive.
Shutterstock/Shutterstock
By Kerri-Lynn McAllister | Sun Jan 29 2012
More than 90 per cent of Canadians with a mortgage take out a term of five years or less, and just 1 per cent opt for a term that is 10 years or more, according ...
Posted by Dwain Anderson
on January 30, 2012
Open House - Kensington Neighbourhood Concept Plan - Centennial Drive and Diefenbaker Drive Connections Area residents are invited to a public open house regarding the proposed Kensington Neighbourhood development on Wednesday, January 11, 2012, from 6:30 p.m. – 9:00 p.m. at the Shaw Centre – Tommy Douglas Collegiate Community Gym. The intent of this meeting is to provide area residents ...
Posted by Dwain Anderson
on January 4, 2012
2011 was another great year in Saskatoon and area real estate. Over 4000 homes were sold on MLS with an average selling price over 309000 dollars. That number of sales was up over 13% from 2010. Affordabiility continues to be a much discussed issue but it should be pointed out that our average sale price continues to be well below the national average price and homes are available in an astonishing ...
Posted by Dwain Anderson
on January 2, 2012
Saskatoon Region Association of REALTORS® Inc ...
Posted by Dwain Anderson
on November 1, 2011
5 year fixed Rates Going up Monday! All Indications are that we will see a rate hike early this week, approximately .25% increase, landing around 3.79% for the 5 year fixed term.
Lenders are currently taking bigger spreads on mortgage funds because of the insecurity on market conditions, thereby affecting bond rates. Normally the spread between what the bank pays for money and lemds out money is ...
Posted by Dwain Anderson
on October 31, 2011
Homebuyers and sellers often hear about "plumbing upgrades", but what does this mean? Generally speaking, upgrading plumbing in the context of buying or selling a home refers to both fixtures and/or the plumbing system itself. Here are some basics to consider when referring to plumbing upgrades.
Fixtures
In bathrooms and kitchens, the faucet fixtures are an easy upgrade that adds style ...
Posted by Dwain Anderson
on October 19, 2011
REAL ESTATE: If home sits more than three weeks, you want too much
By Linda White, Special to QMI Agency ...
Posted by Dwain Anderson
on October 15, 2011
Activity was down slightly for Saskatoon REALTORS® in the month of September with 365 residential properties changing hands compared with August which saw 415 sales. The trend of sales increasing over last year continues however as we saw a 21% increase over September 2010 when 301 properties sold. Total residential sales Year to Date is currently at 3,183, that number up 13% from 2010 ...
Posted by Dwain Anderson
on October 3, 2011
The month of August was very active for Saskatoon REALTORS® selling 415 residential properties, that number up 33% from August 2010 when 311 properties sold. Year to Date unit sales numbers stand at 2,819, that number up 12% from 2010 when they total stood at 2,523. The $300,000 to $350,000 price range continues to be the most active. The average number of days to sell in the month of August was ...
Posted by Dwain Anderson
on September 1, 2011