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Congratulations to my newest VIP Rachel on your #SRSSOLD!!!!

As a first time seller disappointed with having no previous success in achieving a sale on your property, you reached out to a friend for referral options in search of other realtors that might be able to help you.  That friend that just happened to be Warren, one of my VIPs who caringly provided multiple realtors for you to interview, myself being one of them.  Upon first consultation, we just connected.  I understood you & what you needed; and it was abundantly clear to me the best strategy & advice to provide to achieve a sale of your home at the terms you needed, despite the “out of your control” negative factor that was dominantly affecting the selling of your home. 

With time, commitment & consistency to the marketing plan, along with staying positive despite the always overshadowing negative factor, a #SRSSOLD was achieved within the terms you wanted.  VICTORY!!!! ✊ #SRS® #RENE

Thank you so much for your on-going hard work, co-operation and positive commitment to my selling plan…not to mention your shocking revelation when we were putting up the SRS® SOLD sign, that I had represented your mother many years ago and neither of us knew this the entire time!!!! #smallworld   I am so happy you are now free to take your next life steps.  I’m so appreciative of the commitment & trust you placed in me throughout this process and I am so happy to be the one to make this awaited SRS® SOLD happen for you.   Always here to help you, your friends & family whenever needed. ✌️  

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Let’s face it. When you visit a home during a scheduled viewing or open house, you’re usually seeing it at its best. The rooms are tidy. The sinks are clean. The closets are organized and uncluttered. Even the lighting is set to its brightest.

That’s just good old-fashioned marketing.

However, not every house you see will actually look this way. For any number of reasons, a house on the market may be less than tidy, poorly decorated, and even in need of minor repairs. You may open the front door in anticipation, only to be immediately turned off by stains on the carpets, faded paint on the walls, cluttered hallways, and more.

First impressions form quickly. It’s easy to make quick judgments and move on. But, you may be passing on what could be a dream home. Don’t make that mistake. Make your purchase decision based on a carefully considered second impression, not just your first. When viewing a house, imagine how it will look with a fresh coat of paint, some redecorating, the minor repairs completed, and your furniture adorning the rooms. You might just find that a home that doesn’t show well is really a diamond in the rough.

(One caveat: Be careful of houses that don’t look like they’ve been well maintained. There could be issues lurking that may require expensive repairs or renovations. Always make a professional home inspection a condition of your offer.)

There are advantages to buying a home that doesn’t show well. They attract less interest and, therefore, less competition from other potential buyers.


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When you decide to put your house up for sale, we will start by working together to determine the market value of your property. That’s important to know because if you price your home too much above its market value, you probably won’t get any offers. Alternatively, if you price your property too low, it might get snapped up quickly, but you’ll have left a lot of money on the table.

So how do we determine your home’s current market value?

We will look at a variety of factors, such as the desirability of the neighbourhood, the features of your home, how well it has been maintained, renovations and other improvements you’ve made, and of course, its location. We will also review what similar homes in your area have sold for recently – which is, perhaps, the strongest indicator of current market value.

Once we know the market value of your home, we can make an informed decision as to how to price it so that it will attract the right type of buyers and the best possible price.

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Congratulations to my repeat VIPs Sharon & Augustin on your #SRSSOLD!!!!

8 years ago, as beginner buyers, you were referred to me by one of my VIPs and a strong relationship was built and has grown over the years. So, when you reached out for my help, of course I jumped into action.  Upon first consultation, you vocalized an obstacle that I knew would affect the selling of your home and so I advised a marketing plan I felt would maximize and achieve the outcome you so much desired.  Despite a few predicted buyer walkaways, 5 days after listing, your property was conditionally #SRSSOLD at market value with the outcome you so desired. #RENE  - Take that obstacle! ✊

Now with peace of mind and true excitement in your hearts.  I am overjoyed for you as you take your next exciting life step.  I appreciate so much all your hard work and co-operation you put in regarding my selling demands.  I am so grateful for the trust you placed in me to make this SRS® SOLD happen for you.  Your loyalty means a lot.  You deserve the best that life has to offer.  Live it to the fullest and embrace the journey. ❤️

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There were 1,213 sales recorded across the province in March, a 20 per cent year-over-year decline. Despite year-over-year sales declines, this level of sales is still stronger than pre-pandemic levels and nearly 10 per cent above long-term, 10-year trends.

New listings decreased by over 17 per cent on a year-over-year basis and remain significantly below the 10-year average. In the first quarter of 2023, properties priced below $400,000 contributed to the largest decline in new listings. A reduction in new listings relative to sales resulted in further year-over-year declines in inventory levels, which remain over 30 per cent below long-term averages.

“Higher lending rates continue to impact what buyers are able to purchase, which is creating tight conditions in the more affordable segment of our housing market,” said Association CEO Chris Guérette. “When paired with declining inventory levels, specifically in homes priced under $300,000, there simply isn’t enough choice for prospective buyers looking in that price range right now.”

The provincial benchmark price reached $321,400 in March, up from $318,500 in February and slightly below prices recorded last March.
“Our market is once again showing its resilience, as we continue to report sales above long-term averages,” said Guérette. “That said, we continue to keep a close eye on supply levels across the province. Saskatchewan is growing at its fastest pace in over 100 years and ensuring that supply matches this growth is crucial to maintaining our affordability advantage.”

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Regional Highlights

Many regions across the province experienced a decline in sales when compared to last year. The year-over-year declines range from a decline of five per cent in North Battleford, to 34 per cent in Swift Current. Prince Albert, however, reported an eight per cent gain in year-over-year sales.

While North Battleford and Prince Albert did see some quarterly gains in new listings, all regions are reporting new listings that are below long-term averages. The continued decline in new listings has prevented a shift in inventory levels, which remain well below the 10-year average in all regions across the province.

Price Trends

Benchmark prices varied across different regions of the province in March. Year-over-year price declines were reported in Martensville, Meadow Lake, Melfort, Melville, Moose Jaw, North Battleford, Regina, and Yorkton. Meanwhile, all remaining regions posted stable to modest gains.

City of Regina


Year-over-year sales activity in Regina slowed for the third consecutive month. Despite the decline, sales levels are well above the 10-year average. Inventory levels remain over 25 per cent below long-term averages, with most of the decline being driven by homes priced below $300,000.


The months of supply in Regina fell to 2.96 in March, down from 3.86 in February. If conditions remain this tight over the next several months, we could start to see an impact on home prices.


Regina reported a benchmark price of $307,100 in March, slightly below the $310,200 reported in February.

 

City of Saskatoon

The City of Saskatoon reported declining year-over-year sales for the third consecutive month. That said, sales levels remain consistent with long-term, 10-year averages. Inventory levels remain a significant concern, as the city reports supply levels nearly 37 per cent below long-term averages.

The months of supply in Saskatoon fell to 2.32 in March, down from 3.50 in February. Tight conditions in the Saskatoon market are placing upward pressure on home prices, and we expect this trend to continue as inventory challenges persist.

Saskatoon reported a benchmark price of $376,300 in March, slightly above the $372,400 reported in February and over 2 per cent higher than March 2022.

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