Inaugural meeting of 100 Men Who Give a Damn Raises $7200 for YWCA Crisis Shelter

 

The inaugural meeting of 100 Men Who Give a Damn – Saskatoon went off without a hitch last Monday evening at Fionn McCool’s. The group launched successfully with 72 members, all having committed to the concept of donating $100 each to a local charity selected by the group, once each quarter.

The group heard presentations from three very important local charities. Representatives from AIDS Saskatoon, The Bridge, and the YWCA Crisis Shelter all told powerful and touching stories of the needs that their organizations are striving to meet in the Saskatoon community. In the end, the group voted and $7200 was given to the YWCA Crisis Shelter.

100 Men Who Give a Damn defines the group’s mission like this.

Nathan Willick (right) and Norm Fisher of 100 Men Who Give a Damn - Saskatoon present a $7200 gift from the group to Barb MacPherson of the YWCA.

Nathan Willick (right) and Norm Fisher of 100 Men Who Give a Damn – Saskatoon present a $7200 gift from the group to Barb MacPherson of the YWCA.

“We are simply a group of men that want to make a positive impact on local charities in Saskatoon.  By coming together we know that we can change small individual contributions into a very large one that will make a powerful difference. Every three months we will get together to hear about the great work three local charities are undertaking, and then we’ll choose one. Our mandate is 100+ men donating $100 per meeting – that can be $10,000 or more to one charity per quarter! That is powerful.”

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Interested in joining this group? You can sign up here. If you have questions, feel free to reach out to me privately through email. I’d be happy to share my experience.

Norm Fisher
Royal LePage Vidorra

Saskatoon real estate week in review: February 21-27, 2016

Saskatoon real estate sales and listing activity both picked up over the past week. Local agents reported a total of 54 firm residential sales to the Saskatoon multiple listing service® for a weekly increase of six, to fall short of sales recorded for the same week last year by two properties. That’s five consecutive weeks during which sales fell short of those generated over the same period a year ago. It’s a small decline, but down just the same. With just one more business day remaining in February, month-to date sales are at 214, with 242 being the number recorded for the whole month last year.

New Saskatoon real estate listings surged higher as REALTORS brought 181 new listings to the MLS® for a weekly increase of 51, and topping numbers posted for the same week last year by 25.

The database of available MLS® listings moved higher again reaching 1,750 homes by this morning to record growth of 35 units from last week, up by 198 homes a year ago. Looking to specific housing categories we can see that there are now 918 singe family homes offered for sale on the system. That’s up from 839 at this time last year. Condo inventory is up more sharply having reached 676 today, for an annual increase of 142 units.

Even with seven sales above the $500,000 mark, a fairly active market for entry level homes helped usher the weekly average lower to $317, 750 while the average sale price of a Saskatoon home edged higher to reach $336,330. The longer measures that we follow both slipped lower. The six-week average fell just over a thousand dollars from last week to $340,796 to find itself down on an annual basis by roughly twenty thousand dollars. Meanwhile, the four-week median price slipped more losing about five thousand dollars from last week to settle at $324,750. That’s roughly thirteen thousand dollars lower than it was a year ago.

There was one overbid sale this week which occurred in area 4 and resulted in a $2,200 bonus being paid to the seller. On the other hand, 45 buyers closed a deal that involved a discount averaging $15,619 (the largest I recall seeing this year) and another eight buyers paid full asking price.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Norm Fisher
Royal LePage Vidorra

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Saskatoon real estate week in review: February 14-20, 2016

For the fourth consecutive week, Saskatoon real estate sales fell short of meeting numbers generated during the same week last year. Local agents reported just 48 firm deals to the Saskatoon MLS® this week, down from 56 last week, to finish below numbers recorded during the same week last year by two dozen. A look back at the holiday calendar confirms that Saskatchewan’s “Family Day” fell within the same week in 2015, so we can’t use the short work week as an excuse.

The number of new residential real estate listings added to the Saskatoon multiple listing service® also fell lower on both a weekly basis, and year-over-year. A total of 130 Saskatoon homes hit the MLS® system this week, down from 186 a week ago, and 20 off of last year’s totals.

The number of homes available in the inventory of MLS® listings moved higher and reached 1715 by this morning. That’s up 31 from a week ago, and ahead of levels recorded on this date last year by 201 properties. Today’s totals show 911 singe-family homes displaying an active status. That’s up from 824 a year ago. Condominium inventory started the day at 647, an increase of 129 units from where we sat a year ago.

With just one sale recorded above $500,000 and three falling below $100,000 both the weekly median and the weekly average sale price tumbled to $323,500 and $323,957 respectively. The longer term measures followed along, both falling pretty significantly for a one week period. The six-week average moved nearly 12K to finish the week at $341,859 down almost eighteen thousand dollars from the same week last year. Meanwhile, the four-week median fell four thousand dollars to settle at $323,500 for an annual loss on $11,500.

Sellers didn’t find a whole lot of love this week. Not a single buyer offered to pay more than list, in spite of the known bidding activity that I reported in last week’s post. There were five buyers who stepped up and made a full price offer, while the remaining 43 insisted on a deal negotiating an average discount of $14,830.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Norm Fisher
Royal LePage Vidorra

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Curious about home values in your area? Receive a free report that includes sale prices of recently sold homes, average days on the market and average discounts.

Team Royal LePage Raises $3,470 for Coldest Night of the Year

Screen Shot 2016-02-20 at 12.21.57 PMA team of 14 walkers participated in Saturday’s Coldest Night of the Year walk as part of Team Royal LePage.

It was hardly the “coldest night of the year” but it was certainly a crisp one that produced some rosy cheeks by the time the walk wrapped up around 5:30 pm yesterday.

At the current time, the fundraiser’s total is inching toward the goal number of $50,000. Team Royal LePage raised $3,470 for the hungry and homeless in Saskatoon through the generosity of some of our agents and many of our friends. On behalf of all who participated, our sincere thanks to those who helped with this very worthy fundraiser.

Homelessness is still a serious issue in Saskatoon. These two charities are vital in the ongoing fight to eliminate homelessness here.

If you’d like to make a contribution to the Lighthouse and the Bridge, you can do so here.

Norm Fisher
Royal LePage Vidorra

Canadian home sales in January see largest year-over-year gains in five years: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of January, 2016 this week. According to the CREA, “The number of homes trading hands via MLS® Systems of Canadian real estate Boards and Associations edged up by 0.5 percent in January 2016 compared to December of last year. The monthly increase lifted national sales activity to the highest level since late 2009.”

Highlights of CREA’s report    

  • National home sales edged up by 0.5% from December to January.
  • Actual (not seasonally adjusted) activity was up 8% compared to January 2015.
  • The number of newly listed homes retreated by 4.9% from December to January.
  • The Canadian housing market has tightened but remains balanced overall.
  • The MLS® Home Price Index (HPI) rose 7.7% year-over-year in January.
  • The national average sale price rose 17% on a year-over-year basis in January; however, excluding British Columbia and Ontario, it edged down 0.3%.

Read the entire report on Canadian MLS® sales for January, 2016.

Get the most current market intelligence with our FREE Market Snapshot including prices of homes recently sold in your area. Get it here, now.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Norm Fisher
Royal LePage Vidorra