It's a Home Buyer's Paradise

By
Real Estate Sales Representative

Saskatoon, Saskatchewan has always been a healthy and competative real estate market with a manageable amount of active MLS listings to choose from. 2015 has proved to be a little different because of a high number of active MLS listings to choose from. This time last year, Saskatoon, had 1409 active MLS listings. Fast forward one year and we have 1864 (674 are townhouse or condo) active MLS listings. The high number of listings has caused sellers to be very competative with their asking price especially if they're motivated for a quick sale.

 

What does this mean for potential buyers? Buyers can "cherry pick" their next property purchase because of the many options available. Buyers can be more aggressive with their offering price. Buyers have access to low mortgage rates which means it can be significantly cheaper to own a house versus renting a house. 

 

Now is a great time to look at your buying options and to use your options to your advantage because it's a home buyer's paradise!

Comments (6)

Bruce Hicks
Best Homes Hawaii - Honolulu, HI
Your Best Hawaii Realtor!

 For those who are looking to buy or sell in the Saskatoon, Saskatchewan you should contact Susan Acton-Zwarych .   Have a wonderful week Susan.

Apr 14, 2015 10:53 AM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

HI Susan Acton-Zwarych, welcome to the Rain train! I'm glad you made the brave first steps into the blogging world with us! It's a great place to be and I hope to see many more posts from you in the future!

Apr 15, 2015 01:14 AM
Frank Harper
Idaho Family Real Estate - Boise, ID
Broker/Owner, Realtor, GRI, SFR.

Welcome to ActiveRain! Good job on your first blog here in the Rain! Keep blogging and best wishes!

Apr 16, 2015 07:10 AM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Susan - It's always nice for a buyer in a buyers' market though so much less so for a seller.

Apr 16, 2015 03:35 PM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Susan - Welcome to the Rain, and congratulations on your first post here.

Apr 16, 2015 03:35 PM
Bruce Hicks
Best Homes Hawaii - Honolulu, HI
Your Best Hawaii Realtor!

Aloha Susan Acton-Zwarych , we haven't seen your photo yet.  Keep on keeping on with Active Rain!

 

Nov 24, 2019 04:05 PM

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