Monthly Archives: July 2012

Mortgage Rates Hit New Lows!

Do you need more reasons to buy real estate?  Interest rates on a 30 year fixed mortgage is now below 3.5%  Incredible!! http://realtormag.realtor.org/daily-news/2012/07/27/mortgage-rates-continue-record-breaking-streak?om_rid=AAD5Cj&om_mid=_BQEsLAB8so6Hed&om_ntype=RMODaily  

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Lack of Inventory Blamed for June Sales Dip

Nationally, existing home sales dipped in June.  Some good news here is that home sales in the Northwoods’ did not recede.  Our inventory remains quite high.  That is one of the main reasons why our home prices remain depressed; too … Continue reading

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Fascinating Plan for Underwater Homeowners

An interesting proposal for 12.1 million homeowners who are underwater with their mortgages.  My only question is who would buy the bonds?  If many of those mortgages fail, does the taxpayer pick up the tab?  I would presume so.  It … Continue reading

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Markets Where Home Prices are Rising Fastest

An interesting article from CNN.  What I do not understand is that all are west of the Rockies. http://money.cnn.com//galleries/2012/real_estate/1205/gallery.rebounding-housing-markets/index.html?section=money_realestate&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_realestate+%28Real+Estate%29

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Wisconsin Housing Sales Stats

This is from our friends at the Wisconsin REALTORS Association (WRA).  Volume is picking up: http://www.wra.org/housingstatistics/

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More Strong Signs for the Housing Market

June was a good month not only here in the Northwoods, but the housing market across the US. http://www.dsnews.com/articles/housing-market-gains-strength-as-mortgage-rates-slip-again-2012-07-19

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What we can learn from 1970’s homes

Ah, spiral staircases, wood paneling, shag carpet.  We Realtors like to call it “the Bradifcation of America”.  An article looking at what 1970’s homes brought us and is there a comeback in the making? http://realestate.msn.com/what-we-can-learn-from-1970s-homes

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