Archive for the ‘Current Market’ Category

New Listing East College Park

Wednesday, February 23rd, 2011

Great starter home for sale in Saskatoon or revenue house for sale in Saskatoon. This updated bungalow is close to the U of S and features 4 bedrooms, 2 bathrooms, and a double detached garage + extra parking at the front of the house. Located at 421 McMaster Crescent in East College Park this home for sale in Saskatoon is in a desirable location on a quiet crescent.

Kitchen has been updated, 4 piece bath on the main, maple floors in living room/hall, etc.

Basement has a large family room/games room, bedroom, and 3 piece bathroom.

Easy access to the U of S for students, revenue or first time buyers in Saskatoon.

A must see home for sale in Saskatoon. Call your Saskatoon real estate agent for more info or to set up your own personal viewing.

Kari Calder
Residential Real Estate Agent
Century 21 Conexus Realty Ltd

Mortgage rules to change in March

Wednesday, February 9th, 2011

This is a long overdue post mostly because I have been so busy showing Saskatoon homes for sale due to the change that I have not had time to write about it! I have also been busy showing houses for sale around Saskatoon as there are lots of great new homes for sale in Warman and Martensville.

As of March 18th, 2011 buyers will no longer be able to take advantage of a 35 year amortization period for their mortgage. This has meant an increase in Saskatoon first time home buyers and busy times for Saskatoon real estate agents.

While some people are opting to wait, there are others who will wait themselves out of being able to get into the Saskatoon real estate market. The Saskatoon real estate market is not so busy right now that we are seeing many competing offers, but it has certainly occurred when a great property comes up.

If you haven’t already done so, get down to see a Saskatoon mortgage broker so that you can take advantage of this. The mortgage rates are still low so it is a win-win for first time buyers in Saskatoon. There is still a lot of great product out there as well as plenty of new homes for sale in Saskatoon that a first time buyer can build sweat equity with.

If you don’t already have a Saskatoon real estate agent or you are not happy with the level of service from your Saskatoon realtor(r) give me a call and I would be happy to help you, whether you are buying a house for sale in Saskatoon or looking to put your Saskatoon house for sale I am here to be of service.

Kari Calder
Century 21 Conexus

Arbor Creek Will NOT Be Getting A School

Wednesday, December 8th, 2010

It has been rumoured for years that the vacant land across from Wright and Kenderdine Rd in Saskatoon’s Arbor Creek may be getting a school. Owned by Dundee Realty this site has been designated for future schools however there has been a formal request by the developer to turn this into a new residential housing site for Saskatoon’s east side. The company has already begun the process to rezone the sites making 45 residential lots available in Arbor Creek for single family homes  according to the Saskatoon Star Phoenix today. It would be great to see more lots for sale in Arbor Creek but at what cost? Having lived near the future site myself I can see the benefit for new home buyers in Saskatoon as you can get a brand new house in a well established area so I am sure there will be a huge demand for the lots.

Instead it appears that the public and catholic school systems are putting their efforts into Willowgrove.I have helped a few people buy houses for sale in Willowgrove that will be near these schools that ARE going in.  The Catholic school board has already removed Arbor Creek from its five-year capital plan for the division. Unfortunately many homeowners near the ‘proposed’ school site in Arbor Creek chose that location for the future potential. They have already been waiting a long time and by now most of their small children are likely in high school!

Land for Saskatoon new home construction is limited and expensive to begin with, especially on the east side. This land will be in huge demand so I have to give it to Dundee, they know how to develop better than the city does in my opinion.

If you are looking to buy or sell real estate in Saskatoon give me a shout! I would be more than happy to help find you the perfect house.

Kari Calder
Century 21 Conexus Saskatoon

This Week’s Market

Wednesday, December 1st, 2010

The Saskatoon real estate market has seen the listings coming down steadily in the past few weeks. There are currently 1085 houses for sale in Saskatoon (or condos) down from 1125 last week. We only had 92 new houses for sale in Saskatoon hit the market last week which is down from 115 the week before.

There were 83 houses for sale in Saskatoon that sold last week, down as well from last week where we saw 92 houses sell in Saskatoon. This was up from 56 the week before so it appears that the market has picked up.

There are 1037 houses for sale in the surrounding Saskatoon region. I have been out showing houses for sale around Saskatoon and have noticed that the out of town market seems to be getting busier as well.

If you are thinking about buying or selling a house in Saskatoon or around Saskatoon give me a call as I would be happy to help you out!

Kari Calder
Century 21 Conexus Realty Ltd

Busy with Buyers!

Wednesday, November 10th, 2010

The past couple of weeks have been very busy with people buying houses for sale in Saskatoon. Since the beginning of the month there have been 93 houses or condos for sale in Saskatoon get offers (either firm or conditional). I myself have been busier than usual with showings and clients and I am loving it! It is important for people to undestand all of the hidden costs in purchasing a house for sale in Saskatoon so check out my website for more information or talk to me.

I had a condo for sale in Saskatoon and an offer came in less than 2 weeks later. I have also helped a Saskatoon real estate investor offer on a revenue house for sale in Saskatoon just last week and helped another family find a great family home for sale in Saskatoon to put an offer on.

This week has already been busy and I have a buyer who has an offer on a fantastic new house for sale in Hampton Village and later today I will be heading out with a first time home buyer in Saskatoon to look at condos for sale in Saskatoon. There are quite a few to choose from and some have been sitting for a few months but making phone calls to other Saskatoon realtors I am finding that these listings are getting snapped up!

 I’m not sure if people are out looking right now to try to get in before the weather gets too cold in Saskatoon or if they just realize that it is a great time to get into a house for sale in Saskatoon but I have seen many Saskatoon realtors out and about lately so things are picking up!

I think many Saskatoon home buyers are starting to see the advantage of getting in on the low interest rates we are experiencing. It is a great time to buy a house for sale in Saskatoon and there are also a lot of great condos for sale in Saskatoon right now.

I am a Saskatoon real estate agent who works with many first time home buyers in Saskatoon so if you are interested in speaking to me about your Saskatoon real estate needs I would love to talk to you! I have many Saskatoon real estate testimonials from previous clients and can put you in touch with some of the 200+ people I have helped with their Saskatoon real estate transactions in the past few years.

I can also put you in touch with some of the best Saskatoon mortgage broker professionals for your mortgage needs and I can also recommend people from all services needed in your Saskatoon real estate transaction, from home inspectors to appliance sellers! That is part of the benefit of using a Century 21 Saskatoon realtor (r) as we are almost all full service agents! Look out for you from start to end and then some.

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd

New Listing in Dalmeny

Tuesday, November 9th, 2010

Just listed, fantastic home for sale near Saskatoon in the quiet community of Dalmeny. This home for sale near Saskatoon features many updates inside and out.

Newer stamped concrete driveway, walkway and patio, some new windows/exterior doors, newer shingles, landscaping etc. Many large trees and stumps removed plus perennials planted.

The inside of this house for sale near Saskatoon has seen a huge overhaul in recent years; new kitchen which is great for entertaining, new flooring throughout, open living room/kitchen/dining room, etc. New flooring, lighting, trim and doors throughout. Bathrooms have been updated with new fixtures and tile.

If you are interested in learning more about real estate in Saskatoon or around Saskatoon contact your Saskatoon real estate agent or me.

Dalmeny is only about 15 minutes from Saskatoon so it is a great alternative to buying a house for sale in Saskatoon. Smaller communities around Saskatoon can be more affordable!

Contact your Saskatoon real estate agent for more info or the listing Saskatoon realtor (r). If you are looking to list your house for sale in Saskatoon I would love to speak to you!

Kari Calder
Century 21 Conexus Realty Ltd Saskatoon

New Listings + Exciting Low Interest Rates

Thursday, October 14th, 2010

I have the perfect combo for a first time buyer in Saskatoon or investor! My newest Saskatoon real estate listing, a condo for sale in Saskatoon in Eastview, is vacant and ready for immediate occupancy. That, combined with a quick close before November 30th with a rate of 3.49% from Centum Canada Mortage Direct Ltd in Saskatoon, equals a GREAT deal!

Mortgage brokers in Saskatoon tend have lower rates than most banks so now is the time to get qualified! Century 21 Saskatoon works hand in hand with these great mortgage brokers in Saskatoon so just ask me how to set up a  meeting to find out what you qualify for.

This condo for sale in Saskatoon is a 2nd floor corner unit with a maple kitchen, granite counters, newer flooring, trim, lights etc. The location is great and close to shopping, amenities, and bus service. Near Market Mall. Laundry is just down the hall but each unit has a large storage room so in suite laundry may be a possibility.

If you are interested in buying a condo for sale in Saskatoon or if you are interested in buying any sort of real estate in Saskatoon contact me. If you are looking to list your house for sale in Saskatoon let me talk to you about the advantages of using a Saskatoon real estate agent and why my services are beneficial to you.

Kari Calder
Century 21 Conexus Realty Ltd
Residential Real Estate Specialist

Come ON Star Phoenix, Why Print Garbage Like This?

Wednesday, October 6th, 2010

You know we are lacking in newsworthy articles when the Star Phoenix chooses to print something as obscure and silly as this article, which is basically mortgage and real estate terms for dummies. I am sure they meant it to be fun but it is misleading and lacks professionalism.

As a Saskatoon real estate agent this article did put a bee in my bonnet…or burn my bunns…or whatever other choice phrase one may have for getting annoyed. There should have been a nice big disclaimer that this article was a joke. Example-portable mortgage-a mortgage for a motor home. Okay, that is sort of funny, I am not totally humorless, but I still think as a Saskatoon realtor (r) there needs to be follow up.

I did enjoy one of the comments made:

I guess an early morning Boomer is sitting tight, waiting for a house which was upgraded to his delight, and wants it for 1980’s price. Sure! wait for prices to drop to “historical” standards.
If anyone ever dealt with a real estate agent (in Saskatoon) or a mortgage broker, they know how much work is done by them, and if they are lucky after all the work is done, the client may choose to stay with the sucker who did ALL the work to help the client with their best possible result.
There should be a service fee charged like that charged by servicemen who just come to give you an estimate, refundable if you use their expertise.

This was an anonymous post but as a Saskatoon real estate agent I wanted to hug this person! I can’t tell you how many hours and days and months some times I have dealt with a potential Saskatoon home buyer or someone looking to put their Saskatoon house for sale only to get burned when they decide to use the price I worked out for them to list their house for sale in Saskatoon privately or with an agent who is willing to list it for less commission (but you do get what you pay for as some of those same Saskatoon real estate agents have openly told me before what their sellers would take as a low offer, so did saving $1000 cost the sellers a lot more, yep!).

I am an honest, ethical, hardworking Saskatoon real estate agent with Century 21 Saskatoon and I know that many people have had bad experiences with some of my colleagues. I know that my integrity and hard work will keep me successful in my Saskatoon real estate career but give me peace of mind. There are definitely some of my colleagues who I wonder how they sleep at night. They would answer “very well” but there are lots of us Saskatoon realtors who are doing a good and honest job who get judged by the bad ones.

Kari Calder
Century 21 Conexus Realty Ltd

More Cars than People in Saskatoon?

Friday, September 24th, 2010

According to an article from the Saskatoon Star Phoenix there are more cars than people in Saskatoon. This was the same in 2007. As a real estate agent in Saskatoon I obviously have a car. A car being singular. I can’t do my job without a car.

Our population in Saskatoon is around 220,000 people but there were almost 229,000 registered vehicles in our city. There needs to be a shift as our roads are becoming more congested and only approximately 21% of people do not drive their cars to work. The national average is 28% and it is believe the goal should be more like 30%. It is a hard thing to accomplish though as our only other mode of transportation in Saskatoon is the bus.

It is said that during the past 10 years the number of trips across the Circle Drive bridge jumped by more than 20,000 a day and the commute time has doubled. As a Saskatoon real estate agent I have noticed this drastic change in the amount of time it can take me to get to appointments.

Some of the reasons for the increase in cars has to do with the weath of the city. Many more teenagers now have their own cars in Saskatoon. There are also likley more people out in the work force and the multi-vehicle family is now the norm.

The city of Saskatoon has added a universal bus pass to students, brought in a bus pass program for employers, upgraded the transit network to add rapid routes, and and upgraded bike network? Come on! If we lived in a city that wasn’t -50 in the winter that $2M may have been well spent but I have to say that wasn’t the smartest use of money and I don’t usually have a big opinion on things the city does. Everything else though, great! Will it make a difference? Not likely.  

Here are some stats from SGI (Saskatchewan Government Insurance)

Year-People vs Vehicles
*including seasonal vehicles

Driving in this city has been less carefree and much more stressful, even in the past 5 years. I have been a Saskatoon real estate agent for over 3 years now and I can tell the difference even in 3 years of spending so much time on the roads. If you are thinking about buying a house for sale in Saskatoon and you want to speak to an experienced Saskatoon real estate agent give me a call and let me make your Saskatoon home buying process successful and enjoyable…even with our traffic!

Kari Calder
Century 21 Saskatoon

Fears of Housing Bubble-Overblown?

Thursday, September 16th, 2010

Housing bubble or no housing bubble? It seems the debates never end on these topics lately and it comes down to differing opinions and research techniques. In a recent article in the Star Phoenix it appears that rumblings are overblown. They use words like “seem” and “could” to protect their assets. There are some left-leaning groups who look at worst case scenarios and publish that we “could” see prices plummett by 20-38% in Canada’s major real estate markets with a best case scenario of 19-29%. Really? The catastrophic US meltdown saw a national drop of about 30%. One of our leading think tanks, the Conference Board of Canada, thinks no bubble, instead just a return to normal as salese were too high to be sustainable according to Mario Lefebvre.

Prices rose in July from June in 19 of the 28 Canadian cities studied and all had prices that were above last years levels. One has to keep in mind though that average house price in Saskatoon, and everywhere else, is simply determined by adding the cost of each home and dividing by the units sold. In Saskatoon in any given month we may see a greater number of high end houses for sale in Saskatoon that sell vs small basic condos for sale in Saskatoon. These change the average house price in Saskatoon drastically so I would imagine it is the same across the country.

Overall the actual experts find little cause for concern, but that doesn’t stop the negativity and part of my job as a Saskatoon real estate agent is to educate. There will always be negative people in the world and even in the Saskatoon real estate community who believe everything they read, but it must get exhausting as there are so many contractions in the media!

I cannot stress enough how unfair it is to look at the entire country of Canada and lump each community under one heading. There are so many factors even in Ontario and BC but unfortunately they are still seen as the beginning and the end of our great country. The prairies and especially Saskatchewan are starting to stand their ground as confidence grows. The 2 agreed upon places where prices may come down are Vancouver and Montreal as the prices have shot up out of control. Saskatoon real estate is still strong thanks to our many resources.

Interest rates also play a role as the 80’s and 90’s saw home prices staying between 3 and 4 times the median income yet now they are between 4.7 and 11.3. Interest rates should not be reaching 20% like they did back then as they are only increasing slightly. If you are in that 11.3 group though I would hope you have some extra money coming in! If you need information on getting a mortgage in Saskatoon let me know!

If you are thinking about buying a house for sale in Saskatoon and you have questions about the Saskatoon real estate market I would love to speak to you and help you in your Saskatoon home purchase (or Saskatoon condo!)

Kari Calder
Century 21 Conexus Realty Ltd Saskatoon