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Thursday, July 10. 2008

Would you like to see this type of ... Posted by Katie Huebschen, First Weber Group in Just for fun, Northwoods Wisconsin real estate at 19:50

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Would you like to see this type of condo project come to Wisconsin

I wonder how a condo project like this would sell in Wisconsin... independently revolving floors, different views at different times of day.  (Read the original post and additional artcles at the sellsius blog)

Pretty well probably - changing views ...it is just too cool not to like! (in my opinion).

What do you think?

I learned of this project at real estate undressed who found it at the popular blog sellsius.  Read the original post and additional artcles at the sellsius blog

Thursday, July 10. 2008

PMI Housing Mortgage Review June ... Posted by Katie Huebschen, First Weber Group in Northwoods Wisconsin real estate, Wisconsin real estate news at 16:44

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PMI Housing Mortgage Review June 2008 shows positive for Wisconsin

According to PMI Housing Mortgage Review June 2008:

House value change 1st quarter 2008 vs 1st quarter 2007

U.S. average:          -3.07%

Worst: California      -19.14%

Best: North Dakota     6.56%

Right in the middle: WISCONSIN  at 0.23%

It's not much, but at least it is a positive number. 

Thursday, July 10. 2008

Milwaukee made the list - Posted by Katie Huebschen, First Weber Group at 16:10

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Milwaukee made the list -

Cities where owning a home make sense.  This is an interesting article found at msn.com and a must read for renters considering buying real estate while the prices are low. 

Excerpts below...

"In 66 of the top 100 markets, you'd be in the black in four years should you buy a low-priced home today." (Milwaukee made the list)

"I wouldn't want anybody to interpret this data as saying here's where you should put your money," Pelletiere says. "What I am saying is, if you want to put your money into a home, these are the cities where owning makes sense."

Now I am no statistician and the following is not a verified fact, just a conjecture ... but Wisconsin as a whole has been less volitile than the rest of the country and if the ranking here went beyond the "top 100 markets", there would be many more mentions of Wisconsin in the list. 

Are you thinking of buying and just waiting for what you feel is the right time?

Thursday, July 10. 2008

Findings contradict media's skew Posted by Katie Huebschen, First Weber Group in Buying & Selling, Northwoods Wisconsin real estate, Wisconsin real estate news at 15:52

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Findings contradict media's skew

Findings contradict what the media is perpetuating. A study done by Architectural Digest and Sotheby's results in a really positive article about how holding real estate creates wealth.  Interesting that 50% of respondents in the survey say they believe the media exaggerates conditions to make the market seem worse than it is. 

I read a different article once about how real estate companies had to "be the media" to paint an accurate picture and help people understand that the sky is not falling. That's what we are trying to do with this blog.

Your comments are always welcome.

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