Saskatoon real estate market on its way to full recovery: Remax
Posted on February 24, 2010 by Norm Fisher, Royal LePage Vidorra
Remax released it’s 2010 Market Trends Reporttoday stating that “healthy levels” of inventory and demand that is gaining momentum are moving the Saskatoon real estate market towards a “full recovery.”
Other tidbits from the Saskatoon section of the report include the following:
While sales are still off of last year’s numbers average prices continue to edge up.
Balanced conditions characterize the market overall.
Rising demand could create a “tightening of supply” in the single-family home inventory.
Multiple offers have re-emerged in prime “hot pocket neighbourhoods” but remain the exception.
First time buyers account for the “lion’s share” of activity.
A “good selection” of condominiums still exists.
Buyers remain cautious, as do developers
Speculation is virtually “non-existent” in the Saskatoon market.
The report provides market opinions provided by Remax brokers in 16 major Canadian markets including Remax Saskatoon. Read the full report here.
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Norm Fisher Royal LePage Vidorra
Licensed in 1993, Norm brings a wealth of experience to TeamFisher. He has worked in every imaginable capacity including sales agent, office manager, team leader, broker and now, broker/owner. Norm has written a weekly review of the Saskatoon real estate market for more than 650 consecutive weeks which may make him the most consistent industry blogger in the world.Less...
Licensed in 1993, Norm brings a wealth of experience to TeamFisher. He has worked in every imaginable capacity including sales agent, office manager, team leader, broker and now, broker/owner. Norm has written a weekly review of the Saskatoon real estate market for more than 650 consecutive weeks which may make him the most consistent industry blogger in the world.
Norm is known for his passion for technology and can most often be found exploring and experimenting with the next big thing in real estate marketing. He was the first Saskatoon real estate agent to promote a home online and has been an early adopter of new technologies ever since. “Everything about this business has changed over the past 20 years, and it will happen again in the next ten. An open mind and a curious attitude are all that’s needed to continue to find new ways to serve our clients by delivering a faster, smoother, worry-free transaction,” says Norm.
In his spare time, Norm enjoys Crossfit and cycling, some years accumulating over 2,000 kilometres on the road. He’s a strong supporter of the Royal LePage Shelter Foundation and enjoys raising funds by joining fun, fitness-related initiatives like the Grouse Grind for Shelter. In 2015, he trekked the Peruvian Andes to Machu Picchu. In 2017 he walked the southern highlands of Iceland across mountains, sand, snow, ice, lava fields and forest for seven days. Collectively those initiatives raised over a million dollars for Canadian women's shelters.
Note: We are in the process of bringing this blog home to the TeamFisher.com domain and we have a lot of stuff to move! Another 700 posts can be found at normfisher.com where they'll remain until we can get them moved here.
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