Monthly Archives: August 2012

Immobile Move Up Buyers

This is causing a problem here in the Northwoods.  We have many homeowners who would like a better place or a place on a more desirable body of water.  Because the value of their existing home is low, they feel … Continue reading

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July Home Sales, Minocqua, WI, Eagle River, WI

  For the first time since the fall of 2008, we have seen 3 months with unit sales over 100 units.  I was pleasantly surprised to see 107 units had sold as earlier in the week it did not appear … Continue reading

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Predictions for Real Estate

Inman News, a prominent real estate publication asked numerous economists and practitioners about their visions of the future.  They agreed that interest rates would remain low for at least one year, that the government would remain very involved in mortgages … Continue reading

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Housing Has Hit Bottom?

I don’t believe that all markets can be said to be on the rebound.  Here in the Northwoods’ volume is up but prices remain depressed. http://realtormag.realtor.org/daily-news/2012/08/01/housing-market-lifts-bottom?om_rid=AAD5Cj&om_mid=_BQGVpDB8tITg9W&om_ntype=RMODaily  

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