Real Estate Professionals
Sutton Group - Results Realty
We are two licensed full time MLS Real Estate agents working as a team with years of Experience and Knowledge in all aspects of the Real Estate industry. We are full service agents working with both Buyers and Sellers. We are familiar with every area and price range. We work in both the used and new industry. Our focus is on Residential Homes, Condos & Acreages. We Work with every age group from young first-time home buyers to retirees looking to down size. Working together on the same schedule and in the same profession we believe provides our clients a huge advantage. Our track record proves it!
let us help you find your next home
We Know what to look for!
new or used
Put our experience to work looking after your
To book an appointment
Call/Text 535-7710/535-7177 or email
email@example.com or RealEstateRegina@mail.com
- To review some of our Buyer benefits see below
Sellers You'll be moved by our commitment!
Use the services of TWO EXPERIENCED AGENTS
FREE HOME/MARKET EVALUATION NO COST/NO OBLIGATION
-We work 7 days/nights per week and are assessable on our phones. Buyers expect this type of service why would a seller settle for anything less!
- We are committed to working with both Sellers and Buyers. We don't just list a property we work to find a buyer and get it SOLD!
- Your home ADVERTISED 24 hours a day until SOLD!
- Plus Much Much More (see below)
Your Referrals are the sincerest compliment we can receive and we very much appreciate that business!
First Time Home Buyers/Renters - Interest rates are low! This is definitely the time to stop paying rent and consider purchasing your new home. Real estate is a great investment.
For complete details on homes/Condos currently listed on the market and for mortgage and financial information contact Brenda & Bob Ganne today! Call/text or Email 306 535-7710/535-7177 or firstname.lastname@example.org RealEstateRegina@mail.com
Call or Text
MARKET SLOWDOWN CONTINUES IN MAY 2018
Despite an uptick from previous months, sales in May through the Regina and area MLS® System continued at below historical levels, said the Association of Regina REALTORS® Inc.
There were 365 sales recorded during the month in all geographic areas, down 2.7% from last year when 376 sales occurred. This is below both the 5-year average of 388, the 10-year average of 390 and is the third lowest number of sales in the past ten years.
There were 294 sales posted in the city, a decrease of 5.5% from 2017 when 311 sales were posted. The number of sales in the city was also below the 5-year average of 319 and 10-year average of 326.
For the May year-to-date there have been 1,210 sales recorded in all areas, a decrease of 6.3% from 1,292 in 2017. In Regina there were 990 sales compared to 1,072 last year, down 7.7%.
For May, the MLS® Home Price Index (HPI), a much more accurate measure of housing price trends than average or median price, reported a composite benchmark residential price of $276,500 and index of 256.2 in Regina, down 6.2% from $294,700 one year ago. This was up slightly from April’s $275,600 but is part of a price loss trend that began in 2017 and is now 9.4% below the composite price reported in 2013 of $305,200. The majority of this price loss has occurred in the last twelve months due to slowing demand and elevated supply levels. The HPI measures residential price trends based on four benchmark home types, with the index set at a base of 100 for January 2005.
The sales dollar volume of $115.6M posted in all geographic areas for the month was down 5.8% from 2017’s $122.1M. Dollar volume in Regina of $95.1M was down 7.1% from 2017’s $102.3M.
In Regina, there were 1,734 active residential listings on the market at the end of May, an increase of 18.4% from 2017’s 1,464. This is likely the largest number of active listings at the end of May in any year. There were 959 new listings placed on the MLS® System during the month in all geographic areas, up 5.4% from 2017’s 910. In the city, there were 696 new listings recorded, up 5.9% from 657 in 2017.
The ratio of sales to new listings for the month was 42% in the city and 38% in all geographic areas. These comparatively low sales to list ratios point towards buyer’s market conditions. Balanced market conditions are generally in the 40-60% range. Below 40% is considered to be more of a buyers’ market while above 60% is considered to be a market favouring sellers.
Homes that did sell in the city sold in average of 56 days in the city and 58 days in all areas. These compare to 34 and 38 days respectively last year.
“Although the number of sales in May was the highest so far this year it continued a trend of below historical levels that has been occurring since 2017. A weaker level of local economic growth having a cooling effect on demand, coupled with record high inventory levels has slowed the market down”, said Gord Archibald, Chief Executive Officer of the Association of Regina REALTORS® Inc.
“We also believe that a second round of federal mortgage stress rules introduced at the beginning of the year is also having a dampening impact on demand locally, causing many buyers to leave the market altogether as they are not able to meet the higher standard for mortgage financing. Although this measure was taken primarily to address the overheated Toronto and Vancouver markets, it impacts every market in the country, including ours, whether needed or not”, concluded Archibald.
Information provided by: ASSOCIATION OF REGINA REALTORS® INC.
Go to our: Regina Market Update 'tab' for more 2018 information.
Home Buyers Let us help you buy your next home and you'll get 'Two experienced agents' working for you. Our Commitment will be to provide you with all the new listing information on a daily basis keeping you informed and up to date. We will spend the time with you days/evenings/weekends and will get you out to see as many properties as you wish at your earliest convenience. We work with every Real Estate Co. in Regina and area giving you access to every 'MLS' listing. Once we find your new home we will help coordinate all the services you require. Such as: Home inspection/Engineers report/Electrical, plumbing, Furnace, Chimney and Fireplace inspections/gasline location. Plus we will help you find competitive and professional legal and financial services. We work with all financial institutions and Mortgage Brokers. We will be there every step of the way looking after your best interests!
Home Sellers Let us sell your home for you and you'll get Two top producing, experienced, competitive, full time agents (working 7 days/evenings) providing full services. Also, with our help (Free Home Evaluation & Market Analysis) we will list your property at the right price. Our Commitment will be to market your home through our "Multiple Listing Service' and the 'Internet' where the buyers look. To advertise your property to all other Realtors. To put a lock box & 'For Sale' sign on your property. To do public 'Open Houses' if you wish and to show your home to qualified buyers. To personally present all offers to you and to negotiate and work on your best behalf.
We don't just list a home - We work to get it sold!
References or interview available upon request.
Check out our buying/selling sections for all our services and our REPORTS section for Free Helpful Information!
For more details
Call/Text Brenda 535-7710 Bob 535-7177 email email@example.com or RealEstateRegina@mail.com
*Not intended to solicit clients currently working with a real estate professional
Sutton Group - Results Realty Regina, Saskatchewan Canada