6 Key Takeaways From the WRA’s June 2019 Home Sales Report

Historically, summer is the peak real estate season in Wisconsin. Although there were less WI home sales in June, median home prices increased significantly compared to the respective month last year. Here are some quick stats from the June 2019 Wisconsin REALTORS® Association’s Home Sales Report.   If you’re thinking about selling, now is an ideal time. Find out how much your home could sell for by requesting a complimentary comparative home market analysis.

May 2019 Home Sales Report

Statewide, the median home sales price in May increased over 9% compared to the respective month last year, according to the most recent analysis of the existing home market by the Wisconsin REALTORS® Association. Comparing the same two months, the number of home sales increased just over 3%. Price appreciation for homes has been well above the rate of inflation due to low inventory of homes for sale and demand pressure continuing to build. Affordability has declined but would have much more if mortgage rates did not also drop about a half percent over the last twelve months according to WRA… Read More

Tips for Homebuyers to Win a Bidding War in a Hot Housing Market

If you’re ready to find homes for sale in Oconomowoc or the Lake Country area, raise your chances of getting the home that you really want by following these tips. It has been a competitive housing market for homes in the Oconomowoc Area priced below $350,000 due to low inventory. These tips can help you win a bidding war on a great home in a hot housing market.   Get pre-approved for a loan and obtain a pre-approval letter. Once you are pre-approved for a loan, request a pre-approval letter from your lender. This letter can accompany your offer to… Read More

8 Recommendations for First Time Home Buyers

Buying your first home is exciting but also a big decision. Check out these recommendations to help prepare you for buying your first home. Set a goal amount for your down payment and track your progress. A healthy down payment is 20% of the purchase price but some first-time home buyer programs accept as little as 3.5% of the purchase price if you meet the eligibility requirements. Set a goal amount and track your savings for a down payment to visually see your progress which will help motivate you. Get your credit in shape Although there are loan programs that… Read More

How to create an appealing and practical home office

Whether your home office is for running a business, telecommuting, or just for paying bills and organizing personal papers, you deserve an inviting home office that you will want to work in instead of just having a desk shoved in the corner. Here are some great ways to create an appealing and practical home office. Hide the tangled mess of cords. Having your cords concealed or at least neat and tidy will make you feel more organized. Use paintable cord covers that can blend into your wall, add adhesive hooks to the back of your furniture that you can attach… Read More

8 Ways to Increase Your Home’s Value

Here are 8 terrific ways you can increase your home’s value and make your home more attractive to potential buyers when you decide to sell. Update or create an inviting office area. With more people working remotely, a home office area is becoming more essential for home buyers these days. Update or create an inviting office area with windows and built in shelving.   Add a sun room. A wonderful way to add square footage to your home and bring in more natural lighting is by adding a sunroom. Build it on the back of your house for more privacy…. Read More