Monthly Archives: August 2012

A New Era in American Politics?

One thing I have learned in my life is that few things get people excited more than politics. I have really made an effort to avoid political blogs.  However, I am the President of the school district I graduated from … Continue reading

Posted in Uncategorized | Leave a comment

New Short Sale Rules Should Speed Up Process

Short sales have been agonizingly slow.  I personally have seen 6 months from offer to close.  Here is an article from DSNews that details some changes aimed at improving the process. http://www.dsnews.com/articles/short-sales-will-find-approval-faster-through-new-guidelines-for-gses-2012-08-21

Posted in Uncategorized | Leave a comment

Minocqua, Eagle River Average Home Values August 2012

  We have seen some nice increases in volume here in the Northwoods.  We have not looked at values since mid-June.  We have actually seen some price change in 2012.  In Oneida County, the average value of a lake home … Continue reading

Posted in Uncategorized | Leave a comment

Fannie, Freddie Phase Down Accelerated

In a move to isolate the private sector from the government, the Treasury Department is working on reducing the role of  Fannie Mae and Freddie Mac in the mortgage area.  This will reduce the risk that taxpayers will have to … Continue reading

Posted in Uncategorized | Leave a comment

The New Real Estate Market – How to Play

From Business Week, an interesting article on where some investors are heading: http://www.businessweek.com/news/2012-08-07/how-to-play-the-real-estate-recovery  

Posted in Uncategorized | Leave a comment

Not Every Distressed Property is a Bargain

Not every distressed property is a bargain.  This article points out a few items: http://realtormag.realtor.org/daily-news/2012/08/07/not-every-distressed-property-bargain?om_rid=AAD5Cj&om_mid=_BQIVQfB8tXNN40&om_ntype=RMODaily

Posted in Uncategorized | Leave a comment

Gas Prices On the Rise

A pipeline burst that transfers crude that runs from Superior, WI to northern Illinois burst in southern Wisconsin.  A refinery fire in LeMont, IL.  These two events have caused a $.35 burst in the upper midwest. This causes concern with … Continue reading

Posted in Uncategorized | Leave a comment