First Weber Group REALTORS®: Wisconsin Real Estate

"Don't double the real estate transfer taxes in Wisconsin!" That was the cry of the WRA and local Realtors to the state government in 2007.  And thankfully, this lobbying and activism worked.  The proposal to double the real estate transfer tax was removed from the state budget recently. 

Also, according to a Wisconsin Realtors Association (WRA) Press release: "Homeowners should also be pleased with a a separate provision in the compromise budget that limits annual property tax increases to 2 percent or the growth in value due to new construction, whichever is greater.  With a similar state law having expired earlier this year, the new property tax 'freeze' will provide immediate tax relief for taxpayers who might have otherwise faced significantly larger property tax bills this December."

TWO pieces of good news for Wisconsin property owners.  Hey, we'll take that anyday!

I don't think a lot of people ever thought how important real estate is to the nation's economy until things started to slow down.  Now the talk is the rage.  But real estate IS cyclical.  Things will come around again. And during tough  times comes opportunity too.  Here is an Excellent overview of the economic situation we are facing.

An except from the linked article by Lawrence Yun, Vice President, NAR Research states: "Those investing in a home and keeping it for a typical holding period of six to ten years will likely see their investment pay off; those homes will have been a good investment."

You always hear that about investments - think long term. A home is an investment.  The prices are low for investors right now... so snap up a good buy while they are out there. 

Numerous times we hear it said that the only people looking at the newspaper for home ads are sellers and agents- in other words, ads are placed to placate sellers who think that is where their buyers are coming from, or agent looking at the competition.  What is your opinion?

Well, we have received a good amount of traffic to the First Weber real estate Blog, and it is still relatively new. In September we had almost 1200 unique vistors and as of today, we already have hit 1290 unique vistors so far this month. 

Glad you have stopped by.  Let us hear from you...Tell us what you want to see on First Weber's Wisconsin real estate blog and we will do our best to deliver.