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October 20, 2010

Wisconsin real estate update from First Weber Group: September 2010

Metro Milwaukee, Wisconsin, North Central Wisconsin, North East Wisconsin, Northwoods Wisconsin, Racine/Southern Wisconsin, South Central Wisconsin, WI Real Estate Info & Stats
Metro Milwaukee, Wisconsin, North Central Wisconsin, North East Wisconsin, Northwoods Wisconsin, Racine/Southern Wisconsin, South Central Wisconsin, WI Real Estate Info & Stats

Wisconsin real estate update from First Weber Group: September 2010

Wisconsin REALTORS Association data for September has been released and newspapers are quick to report the large decline in sales compared to last year.   What’s happening? Why the big difference? Last fall was bolstered by the First Time Buyer Tax Credit which created an unusually strong fall sales season.  The credit was then extended into 2010, pushing […]

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October 4, 2010

Interest Rates, Home Prices and Buying Power

Home Buyers, Metro Milwaukee, Wisconsin, North Central Wisconsin, North East Wisconsin, Northwoods Wisconsin, Racine/Southern Wisconsin, South Central Wisconsin
Home Buyers, Metro Milwaukee, Wisconsin, North Central Wisconsin, North East Wisconsin, Northwoods Wisconsin, Racine/Southern Wisconsin, South Central Wisconsin

Interest Rates, Home Prices and Buying Power

Most everyone realizes mortgage rates are low and home prices have come off historical highs. But how much do those factors contribute to buying power? First, consider interest rates. An indicative 30-year fixed rate today is 4.375%. For every $1,000 borrowed, you’ll pay principal and interest of $4.99 monthly. At 5%, that figure increases to […]

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September 28, 2010

Fond du Lac, Wisconsin real estate update

North East Wisconsin
North East Wisconsin

Fond du Lac, Wisconsin real estate update

Real estate sales in Fond du Lac during August 2010  were down from last year: 57 sold versus 79 last year during August.  It is important to note that last fall there was a homebuyer tax credit boosting sales, so this disparity is not a surprise.  Homes in the Fond du Lac area are taking […]

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September 15, 2010

The real state of real estate: What goes down must come up

North East Wisconsin
North East Wisconsin

The real state of real estate: What goes down must come up

Written Scott Swick, First Weber Group, on the NE Wisconsin real estate market While we were in the real estate bubble years from 2001 to 2006, there were plenty of warnings that home prices and sales were climbing way too fast and that eventually the bubble would pop, and home prices would fall precipitously…which they […]

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September 8, 2010

Northeast WI real estate sales statistics buck trend

North East Wisconsin
North East Wisconsin

Northeast WI real estate sales statistics buck trend

Northeast WI: Better Local Home Sales Defy National Statistics Original story at WBAY-TV (Green Bay, WI) (08/24/10) Hrapsky, Chris and mentioned in Wisconsin Realtors Association Realtor Newswire weekly Housing statistics in Northeast Wisconsin are certainly less dire than the national outlook. Local REALTOR® K.C. Maurer, former president of the REALTORS® Association of Northeast Wisconsin, says one reason for […]

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