Archive for the ‘Saskatchewan Real Estate’ Category

July Sales Update

Friday, August 6th, 2010

The Saskatchewan Region Association of Realtors has reported that Saskatoon home sales have softened in July 2010 compared to July 2009 where it was down 18 %. The overall year to date numbers of real estate in Saskatoon that has sold is down 4%. The most active price range for houses for sale in Saskatoon that have been sold is between $300,000 and $350,000. It is important for Saskatoon home sellers to know that every house for sale in Saskatoon will eventually sell, it just comes down to price and how your Saskatoon realtor markets it for you.

Despite the small slow down of Saskatoon real estate the average selling price has gone up since the same time last year by over $6000. July’s average Saskatoon house sale price was $289,715 this year. The average year to date selling price is up 5% from 2009 at $290,515. So it is still a great time to list your house for sale in Saskatoon with a Saskatoon realtor such as myself!

By the end of July Saskatoon home buyers had 1334 properties to choose from which was a decrease of the number of houses for sale in Saskatoon from June when we had 1412 houses for sale in Saskatoon.

With favorable interest rates and steady job growth in and around Saskatoon our Saskatoon real estate market demand remains steady but it is a much more balanced market than before and Saskatoon real estate market conditions appear to be picking up again in August already.

Kari Calder
Century 21 Conexus Realty Ltd Saskatoon
653-8222
karicalder@sasktel.net

Saskatchewan Residents Were Spending BIG Money

Tuesday, July 20th, 2010

A new study indicated that spending habits in Saskatchewan were almost triple that of the national average in 2007-2008. I do believe this had something to do with Sasktaoon home owners and Saskatchewan home owners in general finding a new found wealth when their existing houses in Saskatoon essentially doubled in value.

 

Some of this spending had to do with earning better wages, but a lot had to do with over-exuberance and the negative world market didn’t seem to affect us here until December 2008.

 

The tallies for 2009 have not been finalized yet but it is the belief that most people held off on the over-spending once the reality of the global economic crisis hit home. During 2007-2008 it appears Saskatchewan consumers were the only ones in Canada who weren’t sitting on their wallets. As a Saskatoon realtor I saw this evidence with my many people looking to buy a house for sale in Saskatoon who were looking to buy 2nd properties for sale in Saskatoon as revenue.

 

While some of the people spent their money wisely on new houses for sale in Saskatoon or to use the equity from their existing homes in Saskatoon to buy condos for sale in Saskatoon or revenue properties for sale in Saskatoon, there were a lot of low income people younger people who spent their money on things like vehicles and tvs instead of on something with some return, such as a mortage in Saskatoon. It seems the other group was young families with relatively high incomes who were purchasing houses for sale in Saskatoon within their appropriate price range.

 

I can say that I helped many people buy houses for sale in Saskatoon during that time frame and most had the right idea. If you are looking to buy a house for sale in Saskatoon let me know as I would love to help you with your Saskatoon real estate experience!

 

Kari Calder
Saskatoon Century 21 Conexus Realty Ltd

Saskatoon, Sk

653-8222 

 

New Development in Saskatoon

Wednesday, July 7th, 2010

Saskatoon is growing again! There seems like an endless number of projects that are taking place and that means growth in Saskatoon employment as well as finding enough workers and housing challenges. While there are enough houses for sale in Saskatoon at the moment people still need to qualify to buy a house for sale in Saskatoon.

While some of these projects aren’t necessarily bringing in new workers but keeping our local workers busy, there are a few projects that will be creating even more jobs therefore bringing more workers to Saskatoon who will be in need for Saskatoon houses. Saskatoon employment is in demand. More than 750000 visits to SaskJobs.ca is evidence that people are still looking at Saskatoon and at Saskatchewan for employment.

One of the largest projects is the Jansen Potash Mine which is 14o KM east of Saskatoon and this is owned by BHP Billiton Saskatoon. This is the largest mining company in the world! This project will be in excess of billions spent and a large hire of skilled labour.

River landing project in Saskatoon is still moving forward. This will have a 5 star hotel (our first!) combined with a condo tower with a large commercial space and underground parking. This will be a great asset to Saskatoon real estate and to our downtown.

Willowgrove also announces the New Family Catholic Elementary School.

And then there is the road work…the construction on our Saskatoon roads never seems to end but in this case I am pleased as a Saskatoon real estate agent as it will help me work more efficiently…once the growing pains are over!

There is $310 Million allocated for the South End/Circle Drive bridge and another $33 Million for the new Circle Drive and Preston Avenue overpass.

And to further welcome more new faces to Saskatoon we are getting a $30 Million major expansion and renovation at the Saskatoon International Airport.

Kari Calder
Century 21 Conexus Saskatoon
653-8222

After Threats of Legal Action I Had To Move This Blog Re: Alarm Companies

Monday, July 5th, 2010

I wrote  a blog on my Century 21 website a year ago based on several articles that were in the paper about practices by some alarm companies.  I was contacted on Canada Day by one of the US companies referred to in the articles and threatened with a law suit.  I am a small fish but apparently my blog goes a long way as I ticked a lot of people off (hence the bullying phone calls and 3 or 4 letters from bulldogs at these companies and their lawyers). To be honest, it has reinforced my belief that consumers need to be aware of the reports about foreign alarm companies reportedly operating in Saskatchewan. As a realtor in Saskatoon I believe that my clients need to be aware of any reported and/or potential property related scams or unscrupulous businesses. In addition to raising awareness of potential problems related to home ownership my practice has always been to refer clients to Saskatoon locally owned and operated companies in order to avoid the potential pitfalls of dealing with foreign companies.

Some other links to consider when shopping for alarm companies:

http://www.thestarphoenix.com/Pinnacle+Security+falsely+claims+member+Better+Business+Bureau+Saskatchewan/3162647/story.html

http://blogs.consumerreports.org/home/2009/06/burglar-alarm-scam-door-to-door-salesman-ane-driggs-utah-better-business-bureau-ron-walters-security.html

http://smallbusiness.yahoo.com/r-article-a-40962-m-7-sc-31-avoiding_alarm_scams-i

http://www.chrisd.ca/blog/13373/home-alarm-security-scam-manitoba/

Here is the EDITED version of the blog that caused so much ruckus and controversy.

I was recently contacted by one of the owners of a local security company as the Better Business Bureau of Saskatchewan has been receiving hundreds of complaints about home security ‘salespeople’ that have been going door to door and misrepresenting security companies in Saskatoon and Regina. I saw these young men (from Alberta by their plates) going door to door this past weekend. They didn’t stop at our house perhaps because we had a security sign on our front step and it was not a local security company so they likely couldn’t find it on their list. We did the old trick of putting up a sign without having an alarm-now we have Reed Security as I trust them!

I had a neighbour with a local company’s sign on their lawn who told me that these guys told them they were with that company…but I know all of the sales people there and this was not the case.

These US based companies are reported to operate under several names but may be linked and the names mentioned in the articles can easily be accessed on the internet. Do a google search and see for yourself, but it is my opinion based on my experience and the information available to me that signing up for an alarm plan, or any other plan or product for that matter, should be avoided if it is the result of high pressured sales tactics. Stick with your locally trusted companies and don’t be pressured by unscrupulous sales people from any company who show up at your door.

Here is a link that warns Saskatoon consumers:

http://www.thestarphoenix.com/Business/warns+public+about+high+pressure+sales+tactic/1683942/story.html

(Apparently they got to the Star Phoenix too as this article appears to be removed)

I am advised that these salespeople may see your security company sign and tell you that they work for that company and then try to give you a “Free upgraded” alarm system, but this upgrade will actually cost you about $45/month and it isn’t through your current supplier. They also reportedly try to name drop and tell you that your neighbour X has upgraded their system, even though they probably did not and I have heard they especially like to go after seniors.

Be aware of these high pressured sales tactics.

SO that was the blog that started this whole thing and my lawyer agrees that as a Saskatoon Realtor and as someone my home buyers in Saskatoon trust to help set them up with quality people that it is reasonable for me to want to warn my Saskatoon home buyers of any reported and/or potential scams or questionable businesses, especially first time home buyers in Saskatoon.

When choosing and alarm company it is always advisable to do your due diligence by checking out the companies you wish to deal with (ie: do they have a local office, have they been reported to the Better Busineses Bureau, do they have local references…). If you do choose to use any company that is not locally based it is always prudent to do your own due diligence and get references but ALWAYS ALWAYS ALWAYS ask them for the business cards before allowing them to even speak to you and ask them to leave any contracts and documents with you for your review before you agree to anything.

Good luck consumers! Hopefully this post by a small fish realtor in Saskatoon won’t warrant more threats as I do believe in freedom of speech!

Kari Calder
Century 21 Conexus Realty Ltd
Saskatoon
653-8222

Saskatoon-get off your phones on the road!!!

Thursday, June 17th, 2010

My sister in Regina, Sk just sent me an article from the Regina Leader Post as a way to poke fun as we live in competing cities (Saskatoon vs Regina-a no brainer to me of course!) This article was about cell phone usage in vehicles.

From January 1st until May 15th Regina police have issued 66 tickets and 17 warnings to Regina drivers who were using their cell phones. In that same time frame Saskatoon police issued 407 tickets and 112 warnings. Whether that means that we are offending more or that our police force is actually making a bigger effort I am not sure. As a Saskatoon real estate agent I know that there are times that I need to talk and drive-but I did get a vehicle with blue tooth capability so that I am not talking real estate in Saskatoon and risking getting into trouble!

While people are still talking on their cell phones in Saskatoon at a steady rate at least the accidents appear to be going down. There has been a decrease by 20% in collisions in the city. As a Saskatoon realtor I spend so much time in my car that I see pretty much everything and nothing surprises me. Showing people houses for sale in Saskatoon on a daily basis means loads of time all around the city and I tend to watch how people drive. I do agree that there are some drivers out there who are just terrible-doesn’t matter if they have a cell phone in their hand or not!!

Contact me for all of your Saskatoon real estate needs as I am a very active Saskatoon real estate agent and I would love to talk to you about buying a house for sale in Saskatoon or about selling your house for sale in Saskatoon.

Kari Calder
Century 21 Conexus Realty Ltd
karicalder@sasktel.net
653-8222

Been Away for A Bit Moving-New Price on Stonebridge House

Monday, April 26th, 2010

We have recently moved again within the city of Saskatoon so blogging has been put on the backburner. It has been a busy month for real estate in Saskatoon so packing the house for sale in Stonebridge was left until the last minute…which means unpacking has been interesting! I am a Saskatoon realtor (r) who works with enough Saskatoon first time home buyers and Saskatoon home sellers that I know better, but when it comes to yourself it is easy to give advice and not take it!!

We moved from our house for sale in Stonebridge to our newly built house in Willowgrove. We were fortunate with the weather as it was the sunniest and hottest Friday in the past 3 weeks (freak snow storm the Friday before and rain this past Friday, so our moving day was GREAT!)

With more houses for sale in Stonebridge I have recently reduced the price of 107 Robertson Cove to $389900 from $399900. This is a great house for sale in Saskatoon as it is almost new and the landscaping is done including the driveway and walk way. In the muddy weather of spring I value the finished driveway more than you can imagine after moving into my new mud pit of a yard in Willowgrove. There are many houses for sale in Willowgrove and many new houses being built in our area that makes for muddy streets and sidewalks…not much fun for me or the dog as having a dog and a new house in Saskatoon means a muddy house!

We are also already missing the ameneties in Stonebridge as our runs to Home Depot have been on a huge increase with the work of our new house. We used to be a 5 minute drive from our favourite spots; Home Depot, Wal Mart, Winners Home Sense and for food-Wok Box! Now it takes about 15 minutes from our new house in Willowgrove but we still run over to Stonebridge to get most things as the amenities there are better than anywhere else in the city of Saskatoon it seems.

If you are looking to buy a house in Saskatoon or to sell your house in Saskatoon I would love the opportunity to earn your business. I am a motivated and active Saskatoon Realtor (r) who loves what I do so I hope to be able to help you with all of your Saskatoon real estate needs.

Kari Calder
Century 21 Conexus Realty Ltd
www.karicalder.com
653-8222

Province Hits a Record High in Population

Friday, March 26th, 2010

The province of Saskatchewan population has hit an all time high in 2010 with 1,038,018 people living in the province. We have seen an increase of 15760 people since the same time in 2009. The largest factor is the net international migration which was 8571 people. This is the highest number of immigration to Saskatchewan from international areas since records were started in 1946. I have been working with several first time home buyers in Saskatoon who have come from areas like Russia and the Ukraine. They are looking for houses for sale in Saskatoon that will accomodate themselves but also their families at a later date. Some of my first time home buyers in Saskatoon from the Ukraine are bringing over their parents in the next few months.

The only 2 provinces that saw a higher increase in growth were British Columbia and Nunavut. PEI was the only province that saw a loss of people (152 people lost).

With the number of houses for sale in Saskatoon that we started with in January 2009 compared to the number of houses for sale in Saskatoon in January 2010 the net migration is evident here.

It seems people are moving out west as the highest rate of growth was in the four Western Provinces which recorded higher than normal growth, obviously including Saskatchewan.

We welcome these new home buyers in Saskatoon and I look forward to helping more people buy houses for sale in Saskatoon in 2010. Unfortunately, as a realtor (r) in Saskatoon I cannot speak Russian or Ukrainian but I do have some previous clients who have purchased a home for sale in Saskatoon through me who would likely help if needed! I enjoy being a real estate agent in Saskatoon and love helping people find their ‘new’ house in Saskatoon.

Kari Calder
Century 21 Conexus Realty Ltd
Saskatoon, Sk
653-8222
www.karicalder.com

More New Listings

Tuesday, March 9th, 2010

Just a heads up that I will be listing a few new properties for sale in Saskatoon that are worth a mention. I have 2 condos for sale in Saskatoon coming up in the next week and 1 house for sale in Saskatoon coming up in about 2 weeks. If you are looking to buy a house in Saskatoon or a condo in Saskatoon give me a call!

Details to follow but as a preview:

2 bedroom apartment style condo for sale in Saskatoon in Lakewood (built in 2006) with 2 parking stalls coming up this week at $224,900.

3 bedroom 3 bathroom townhouse for sale in Arbor Creek (developed basement) with 2 parking stalls around $260,000

House built in 2008 in Stonebridge Saskatoon, 3 bedroom, 2 bathroom, fully developed yard,deck,fence,driveway, walkway etc for under $400,000.

Stay tuned! Real estate in Saskatoon is moving so if you are looking to list your house for sale in Saskatoon call me! It is all about getting the best price in the least amount of time to prevent market damage and I am a very active Saskatoon realtor (r) so I am happy to work for you! Don’t leave money on the table or deal with tire kickers, Saskatoon real estate agents bring qualified buyers to your property for sale in Saskatoon so that we aren’t wasting your time.

Kari Calder
Century 21 Conexus Realty Ltd Saskatoon
www.karicalder.com

Saskatoon Housing Unaffordable?

Thursday, January 28th, 2010

According to the Frontier Centre for Public Policy Saskatoon’s housing market has been deemed seriously unaffordable. We are at a rate of 4.6 (same as 2008) and that rate is on par with Calgary, Edmonton, Hamilton and Montreal.

How they figure this out is by taking the median house price in Saskatoon (the exact mid point between the highest and the lowest priced homes that sold in Saskatoon in the third quarter) and dividing it by the median annual gross income.  The rate means that, to pay of your home purchase in Saskatoon, it would take 4.6 years of your entire salary to pay off a typical Saskatoon home.

This had definitely changed since the Saskatoon real estate boom of 2007, but it has changed across the country. The rate for paying off your house in Saskatoon was 2.0 in 2006, then in 2007 it went up to 2.6, then 3.5 in 2008 and now 4.6 in 2009.

Buying a house in Regina and Winnipeg are the most affordable markets out of the major markets across Canada. Vancouver is the most expensive market out of the 28 measured in Canada but it is also topping the charts out of 272 metropolitan areas in Ireland, the U.K., New Zealand,  Australia, the U.S. and Canada. Victoria was also severely unaffordable at 7.4 but Ottawa is still moderately affordable with a reading of 3.8 up from 3.4 the previous year. I can help put you in touch with a realtor in Regina or any city if you are in need.

Affordability in Alberta homes has improved slightly; Calgary fell from 4.8 to 4.6 this year and Edmonton just slightly from 4.2 to 4.1. On the other side of the country Toronto went from 4.8 to 5.2. So ask yourself, would you rather live in Vancouver, Toronto or Saskatoon as the prices of homes for sale in Saskatoon is still more manageable, as is the commute time and the quality of life. If you are looking to buy a house or condo in Saskatoon contact me. I can set you up with a great Saskatoon mortgage broker or two to get you on your way.

These reports should be taken with a grain of salt however as any statistic should considering they aren’t looking at the entire picture of real estate in Saskatoon or anywhere else. They use limited data with small numbers which can easily be skewed.

Our market is trending towards being more of a sellers market so if you are looking to sell your house in Saskatoon contact me.

Kari Calder
Century 21 Conexus Realty Ltd
306-653-8222
karicalder@sasktel.net

Home from Thailand, back to Real Estate!

Thursday, January 21st, 2010

I have been fortunate enough to take a break from real estate in Saskatoon and go see some of the world this year. We went to see my parents, who purchased a condo for sale in Florida about a year ago, for Christmas. From there we went to Thailand for a few weeks and finally Cambodia before going back to Thailand and then home to Saskatoon. For those who know me at all, they know that travel is my passion (of course right up there with real estate!) but I kept tabs on the Saskatoon real estate market while I was away as that is my second passion. Its not a job if you love it, right? Although finding the time to catch up on my blog is a bit challenging!

While I was away the Saskatoon real estate market was a bit slow as it was Christmas holidays and offices were closed, but since the new year things have been steady. It appears that the current market is moving more towards a sellers market than a buyers market in some areas, but it is balanced in other areas. Last week we saw only 115 new listings of houses for sale in Saskatoon while the houses selling in Saskatoon were up to 52 (from 36 the week before). The total active houses for sale in Saskatoon is sitting at 696 with the single family homes for sale in Saskatoon down to 388.

My own personal inventory is down to just 1 listing as I sold all of the houses I had listed before I left for holidays, so I am ready to take on more listings! It is a great time to look at selling your house in Saskatoon.

If you are looking to buy a house in Saskatoon or are a first time home buyer in Saskatoon just starting to understand the process please contact me and I will be more than happy to help you purchase a home. There is no fee to use a buyer’s agent on a Saskatoon MLS listed property. There are many reasons to hire a professional Realtor (r) in Saskatoon to help you buy a home and protect your greatest investment.

Kari Calder
Residential Real Estate Specialist
Century 21 Conexus Realty Ltd
Saskatoon, Sk
306-653-8222
http://www.karicalder.com/index.html