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6 Significant Advantages to Selling a Home During ...

Last winter between December and February, Wisconsin had the highest number of winter home sales that the state has seen in the last 13 years! (Since the Wisconsin REALTORS® Association recalibrated their data systems in 2005). While the real estate season generally abides by the seasonal temperature changes, heating up in summer and cooling off in winter, the remarkably low inventory of homes on the market has impelled buyers to continue their house hunt through the winter months. Here is a summary of six advantages to selling during winter that Terri Williams points out in a recent article published on Realtor.com®.   1)...
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3 Cost Myths Holding First Time Home Buyers Back

Make your dream of owning a home in Oconomowoc or the Lake Country area a reality!  Here is a list of truths behind the most common misconceptions about purchasing a home. In a recent article, Lew Sichelman, a seasoned writer for Inman who has 50 years of experience writing about housing and mortgages, reported that 38% of renters plan to buy a home in the next two years but myths about costs are holding them back. Here is a list of three  common misconceptions about purchasing a home and the truths behind them. Myth #1: You need flawless credit. Truth:...
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September Home Sales Report

The number of home sales are down but prices continue to climb as the supply of homes on the market remain sparse. The inventory of homes on the market under $350,000 lingered well below six months of supply, which marks a balanced market. The limited supply of homes for sale has directly impacted the number of home sales. Year-to-date, there were 524 less homes sold in Southeast WI compared to the same period last year. Affordability is slowly declining though as mortgage rates tick upwards, with another rate increase expected this December. In Southeast Wisconsin, the median sales price in...
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Home Sales Report August 2018

Wisconsin home sales in the first eight months of 2018 were nearly two percent lower than the same period of 2017 due to weak housing inventories according to the Wisconsin REALTORS® Association’s (WRA) most recent home sales report. Their analysis revealed that during the same period, median home sales prices rose nearly 7 percent; over twice the annual rate of inflation which varied between 2.1 and 2.9 percent this year. Just comparing the month of August to last August, home sales were up over three percent and median home prices increased five percent. Regions with more inventory had stronger home sales...
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