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Archives for August, 2010

7

Saskatoon real estate week in review: August 23-27 2010

For the third consecutive week Saskatoon real estate sales picked up some steam as agents reported seventy-nine detached house and condominium sales to the multiple listing service, up eleven units compared to last week. It was the first week since early May that we actually saw sales grow on a year-over-year basis. Sixty-five Saskatoon homes [...]

2

Obtaining proper home improvement permits is the only way to go

When I first entered the real estate business in 1993 it was common to find improvements in homes that were completed without a required permit. At the time, it just wasn’t a big deal to move ahead with your basement development without one. Almost everyone did it. In recent years, the failure to obtain proper [...]

0

Computer renderings provide interior views of future St. Mary’s School

Alan Wallace published a post on his Pleasant Hill Village blog that includes some computer renderings of the new St. Mary School, which is expected to begin construction within two weeks and could be opened in the fall of 2011. Check it out here.

18

Saskatoon real estate week in review: August 16-20 2010

Saskatoon real estate sales were up again from last week, but not by much. Firm sales of detached houses and condominiums rose by two to reach sixty-eight units. This week’s sales fell far short of the number traded during the same week last year when 114 Saskatoon homes picked up a sold sign. New listings, [...]

8

Verbal contracts aren’t worth the paper they’re written on

I’m a bit disturbed by the increasing occurrences of verbal negotiations in the real estate business in Saskatoon. Verbal proposals are most often brought forward at the counter offer stage with comments like, “We really don’t want to waste your time, so would you speak with your client and find out if X is acceptable [...]

0

Station 20 West granted three-year construction extension

Officials for the proposed Station 20 West project appeared before Saskatoon city council last night seeking a one-year extension on the deadline to begin construction on the Pleasant Hill area project. Instead, they walked away with a three-year extension. The land located at 230 Avenue R South was sold by the City of Saskatoon for [...]

0

City of Saskatoon seeks new tenant for Mendel Art Gallery site

The City of Saskatoon will select a new tenant for the attractive site now occupied by the Mendel Art Gallery in 2011 when the city finishes a development plan for Kinsmen Park and the area. Located at the river’s edge in the City Park area of Saskatoon, the building will be vacant after a move [...]

29

Saskatoon real estate week in review: August 9-13 2010

Saskatoon real estate sales were up from last week, and listings were down, but a large gap remained between the two in spite of the slightly improved numbers. Local real estate agents reported sixty-six sales of single-family detached houses and condos during the past week, a gain of thirteen from the previous week but well [...]

46

Saskatoon real estate week in review: August 2-6 2010

Wow! Following a couple of strong sales weeks that brought July’s overall sale numbers in line with the five-year average, sales of Saskatoon single-family homes and condominiums plummeted this week, slipping to just fifty-three units, the lowest number for any week since the first week of March. Saskatoon real estate agents placed a sold sign [...]

19

Maybe it really is different here

There is one word that can be used to describe residential real estate activity for July in every major market in Canada – down. Some markets are down more than others. I could find only one that is down less than we are. Here’s a quick look at what I’ve been able to dig up [...]

0

A closer look at the Saskatoon real estate statistics for July 2010

The Saskatoon Region Association of Realtors recently reported July 2010 results for the entire residential category of Saskatoon real estate including single-family homes, condominiums, semi-detached properties, duplexes, mobile homes and vacant lots. Unit sales totaled 357 across all of these property types for a decline of roughly eighteen percent compared to the previous July when [...]

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