Monthly Archives: October 2012

Wisconsin Housing Statistics – September 2012

Data compiled by the Wisconsin REALTORS Association for each of the 72 counties. https://www.wra.org/housingstatistics/

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Mortgage Interest Deduction Debate

Much is being debated with a $16 Trillion debt including the mortgage interest deduction (MID).  After all of the debate with class warfare and the like, it still comes down to the country spends $1 Trillion more than it brings … Continue reading

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Minocqua Area, Eagle River Area Average Values

We have not looked at values since August.  Stability is the word.  We have seen little movement up or down on home values.  We are still selling homes at 2004 price levels.  In Oneida County, 178 homes have been sold … Continue reading

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Foreclosures on the Wane

This article from RealtyTrac points to reduced foreclosure starts, the lowest in 5 years. We have been seeing a reduction in foreclosures here in the Northwoods too.  Once we reduce the number of bank owned properties, we hope to see … Continue reading

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Minocqua, Eagle River Area Home Sales – September 2012

I’m very happy to report a fifth month with home sales above 100 units.  There were exactly 100 homes sold in September in Oneida and Vilas Counties.  This compares with 90 homes in 2011 and 93 homes in 2010.  August … Continue reading

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REO to Rental Market

Attached is a link to an article from DS News.  It features a writer from Capital Economics by the name of Paul Diggle.  He offers excellent insight into the bank owned (REO – real estate owned) market where buyer have … Continue reading

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