Paulson: Saskatoon housing market brings back memories of Things To Know Before You Buy

Advertisement This advertisement has actually not filled yet, but your post continues listed below. Post content As my father used to say, zero, nothing, zilch. For a moment I thought the website (, really dependable) had actually not filled appropriately, but nope. Not. One. Home.  A Good Read  of the areas abutting ours in what is known as Area 2 showed similar, if not rather such alarming, results.

Another had 4 houses. As I compose this, our area still has only one. I need to say, I have not seen such a thing given that completion of 2006 and most of 2007. If you are relatively old like I am, you'll recall the insanity of that time when couple of properties were on the market, bidding wars were the norm on good houses, and property representatives provided purchasers due dates so they might present all deals simultaneously to their customers.

Regina, SK Homes for Sale & Real Estate Listings - OJO Home

I asked him bluntly what the H was going on. "This is it, Joanne," he stated (as memory serves.) "I've been telling you for years that a correction is pertaining to the Saskatoon market. Homes have actually been underpriced for a long period of time. This is it." Therefore it was. Saskatoon property costs soared.

Waterfront - Saskatoon SK Waterfront Homes For Sale - 27 Homes - Zillow

Excitement About Dylan SatherRE/MAX Saskatoon - Dylan Sather - Search for

Obviously, your home we wound up purchasing increased by the exact same quantity, more or less, however that's the way it goes. Advertisement This advertisement has not loaded yet, but your post continues listed below. Post material Undoubtedly, in his blog for the last week of January, Norm Fisher, owner of the above website and of Royal Le, Page Vidorra, posted his own remark about the crazy days of 14 years back.

Bottlenecks are starting to appear as buyers line up to view brand-new listings," he composed. "I commented to one agent ahead of me in a revealing line that the marketplace has kind of a 'gross 2007 feel to it.'" Gross for purchasers, anyway. As of Jan. 29, buyers had 451 homes to pick from, down from 763 at the same time last year.

From a supply viewpoint, there is a 2. 4-month supply of single-family homes and a 7. 1-month supply of apartments. 2 and a half months is well into sellers' market area. The SRA reported Feb. 3 that Saskatoon sales were up 26. 9 percent to 278 in January, up from 219 last January, and 25.