Winnipeg Real Estate Podcast

Winnipeg Real Estate Market Update February 2022

Welcome to the real estate quickie for Feb 2022   First, lets look at the HOUSING market. On Feb 1st we have 306 houses for sale in Winnipeg. Let’s put that into context.  Last year, which as you may recall, was a super hot sellers market, but we actually had 481 Houses available,  or about 60% MORE than today.  And 2 years ago, that number was over 1100….nearly 4 times what it is right now. What are the real world effects of this type of market?  House went up for sale in St James last week, at 370K, got 19 offers and sold for over 100K more…. Over the month of January, which is normally a pretty slow month, we sold 273 houses, with another 55 showing as pending,  for a total potential sale of 328….   That means that, at this pace, if NO further listings came to market, everything would be sold in the next 29 days…..  that is a super low inventory level. But how about condos.  Traditionally, they have a history of being more affordable and available. Well, there are 227 Condos of all prices available in Winnipeg right now.  One year ago that number was 402…..  and 2 yrs ago it was 561 In January, we sold 69 condos, with another 40 showing as pending, for a total potential sale of 109 condos.  This inventory level sits at 65 days….   While that’s double the level of houses, in the condo-market this is super fast. So even condos are now selling with multiple offers, there is simply no escaping it. If you’re a buyer, hold off if you can.  And if you’re a seller, RIGHT NOW is a great time to list your home. If you have to do both, there are strategies available to maximize your results….call me to discuss that may be best for your unique and distinct situation.

(EP: 154) Luxury Homes Market Report - Winnipeg July 2021

Showing the sales and listings stats for houses and condos over $500,000 in Winnipeg. As of July 15th, 2021

(EP: 153) Winnipeg Real Estate Market Update

April 2021 Market Update for Winnipeg's real estate market   also check out https://boknows.homes/news

(EP: 152) March Market Update _ Mortgage Tips for Divorcing Couples

Spring market has arrived in Winnipeg.  Crazy bidding wars, shortage of homes all add up to bidding wars.   Plus a call with Mike Schroeder of Mortgage Architects with tips for divorcing couples.

(EP: 151) Mortgage Tips for Divorcing Couples

Divorcing couples often end up selling their house. Mortgage Mike Schroeder tells us that there are programs in place to HELP divorcing couples, so that one of them can hang on to the home.   Interesting call with Vancouver agent Tam Barclay about the state of the real estate market in that city.   Also check https://boknows.homes/divorce for more tips.

(EP: 150) Mortgage Rates update, Market stories

Here are some links in the show Latest Market Update in PDF format is at https://boknows.homes/marketpdf Mortgage specialist Mike Schroeder is at https://mikeschroeder.ca  

(EP: 149) Winnipeg Real Estate Market Update February 2021

Monthly market report for Winnipeg's real estate market. Sales and listing stats for houses and condo in Winnipeg. Looking at entry level house sales, and the most popular price range for houses, which is $250 - $500K.   Also all condo sales and listings are examined.

(EP: 148) Luxury Real Estate Market Report Winnipeg - Jan 2021

https://magazine.winnipeghomefinder.com/winnipeg-luxury-market-report-january-2021-luxury-real-estate-report/65223222    

(EP: 147) January 2021 Real Estate Market Update - Mortgage Info

https://audio.winnipeghomefinder.com   Call with Mike Schroeder of Mortgage Architects.    email mortgage@mikeschroeder.ca   Winnipeg Real Estate Market report, also available in PDF format  check  https://boknows.homes/pdf

(EP: 146) Real Estate Forecast for 2021 - Looking back at 2020

https://audio.winnipeghomefinder.com Episode to take a look at what happened, and what may happen next year. New market Updates will come via downloadable pdf in the near future.  Here   https://magazine.winnipeghomefinder.com or https://boknows.homes/pdf