Monthly Archives: June 2012

Where Will Americans Be Living in 20 Years?

This is an interesting piece from a Zillow economist.  He contends that the American Dream for home ownership still remains strong.  84% of millenials do intend on purchasing a home and settling down. He does make a point for small … Continue reading

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5 Projections for US Housing

An interesting piece with economists making predictions as to where housing in the US is headed.  A wise man once told me “forecasting is difficult, particularly the future”.  Yes, it is a bit “Yogi Berra” but funny nevertheless. http://realtormag.realtor.org/daily-news/2012/06/25/5-projections-where-housing-markets-headed?om_rid=AAD5Cj&om_mid=_BP6JhfB8jpzp4v&om_ntype=RMODaily

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Eagle River Home Values

  Sales volume of homes is about approximately 30% YTD.  This is excellent news for Northwoods’ home sellers!  Where are Northwoods home values?   We are starting to get more reliable data as to average sales price.  When we look at … Continue reading

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5 Biggest Mistakes Home Buyers Make

There are 5 in this REALTOR.com article plus 5 more on the Credit.com article.  Interesting stuff. http://realtormag.realtor.org/daily-news/2012/06/20/5-biggest-mistakes-home-buyers-make?om_rid=AAD5Cj&om_mid=_BP4fkkB8jnuJts&om_ntype=RMODaily

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Mixed Messages Coming From Radar Logic

This article sums up a lot of what is happening here in the Northwoods.  While volume is improving, the prices have not yet begun to improve.  Why?  The argument is that there are still so many more sellers than buyers. … Continue reading

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Second Home Market Improving

An excellent article from Investors Business Daily.  It really points out how the second home market works and how closely it is tied to the economy.  Make no mistake; the Northwoods’ market is a second home market. http://news.investors.com/article/614862/201206141727/vacation-resort-home-sales-look-up.htm

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Net Worth Down

I am not as bearish as this report suggests.  The US Census Data speaks for itself.  Homeowners here and in the Northwoods have taken a severe hit in terms of the values of their homes and net worth.  I am … Continue reading

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