Home Sales Report September 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… Read More

Fall Reminders For Your Home

INDOOR REMINDERS Vacuum the dryer vent. The cool and dry fall weather increases static electricity which could spark built up lint in the dryer vent and cause a fire. Cleaning out the vents will also help your dryer run more efficiently. Clean the oven. Fall is a great time to run the self-cleaning cycle on your oven. The season allows you to open windows to air out the expected burning smell from caked on food and prepares your oven for upcoming holiday baking. Change direction of ceiling fans. (clockwise) Have heating system inspected. Clean/replace furnace filters. Prepare your fireplace. Clean your… Read More

7 Ideas and Tips to Throw a Fantastic Labor Day Cookout

Gather up your friends and family and host a Labor Day cookout in your backyard!  To ensure your summer bash is a hit, here are some ideas and tips to throw a terrific Labor Day party. Send out save the dates. Give your guests enough time to add your party into their busy summer schedules. Get your yard in shape. Trim the grass, set out flowerpots with colorful flowers, and clean the patio furniture. Keep it easy and plan ahead. Aim for an 80/20 mix of cold to hot food that you can prepare ahead of time to minimize last… 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

Housing Market Report-August 2018

Over the last two months, the inventory of houses for sale in Wisconsin has expanded but the enduring seller’s market remains. The unbalanced real estate market is indicated by the available housing supply standing well below six months which is what signals a balanced market. The number of listings in July were up 3.4% compared to last July but the number of home sales were 3% lower over the same time period, according to the Wisconsin REALTORS® Association’s latest analysis of Wisconsin’s current home market. The tight housing supply, especially in southeastern Wisconsin, has impelled housing prices to increase. It… Read More

July 2018 Real Estate Market Report

For the first 6 months of 2018, home sales were only 3.7% lower than the first half of last year, primarily due to having strong sales over the winter months according to the most recent market analysis from the Wisconsin REALTORS® Association (WRA). Their analysis went on to report that the number of home sales were down nearly 12% in June compared to last June, however the median price of homes grew 5.4% over the same time frame. Low inventory of homes on the market has restricted the number of home sales and continues to influence the increase in home… 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

How to Save For a Down Payment on a Home

To figure out how much you need to save for a down payment on a home, you first need to determine what you can realistically spend on a house. According to CNN Money, most lenders restrict your mortgage amount in order for your monthly housing payments, including property taxes and insurance, to not surpass 28% of your pre-tax monthly income. Aiming for a lower percentage such as 20% may be better if your income fluctuates. Other expenses as a homeowner to keep in mind are repairs, maintenance, utilities, and even home owner association fees if they apply. The second step… Read More

Housing Market Report-June 2018

Demand for homes in Wisconsin remained strong in May but the number of home sales fell 5% compared to May 2017 according to the Wisconsin REALTORS® Association’s May 2018 Home Sales Report. In contrast, median home sales prices increased 8% over the same period. The main reason for the drop in home sales and increase in home prices is lack of inventory of homes on the market, which has been a nationwide problem. Metropolitan counties in the state had just over 3.5 months of housing supply in May compared to rural counties which had over 7 months of supply. Typically,… Read More

5 DIY Projects to Prep Your Home to Sell

Instead of focusing on major renovations that are expensive and time consuming, consider taking on a few inexpensive projects to make your home more appealing to potential buyers and help you sell. Improve Storage Space: Buyers will be interested in checking out the storage options in a home. Ways to make storage spaces appear larger include: Empty out half of your closets and add a closet organizer Remove junk in the garage and crawl spaces Add organizers in your cabinets Improve bathroom storage by adding additional cabinets or over-the-toilet storage Fresh Paint: A fresh coat of paint can easily make… Read More