Archive for the ‘Racine/Southern Wisconsin’ category

November 3, 2010

Three reasons why now is a good time to buy a home

Three reasons why now is a good time to buy a home

  Dreaming of owning your own home with the proverbial white picket fence?  Now may just be one of the best times in years (or perhaps decades) to purchase that dream home.  With interest rates at historic lows, a huge inventory of properties, and anxious sellers ready to make deals, now may just be your […]

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November 2, 2010

What’s in and what’s out in homes today

What’s in and what’s out in homes today

Homeowners have changed their mind about what’s important and/or a good use of space in the homes of today, according to this article commenting on the latest American Institute of Architects Home Design Trends Survey.  What’s IN Home offices – For the many who work out of the home or those who work long hours and need […]

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October 20, 2010

Wisconsin real estate update from First Weber Group: September 2010

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

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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August 17, 2010

Vacant homes and homeowner’s insurance…

Vacant homes and homeowner’s insurance…

Do you know someone who owns a vacant home? You may want to pass along this tip… Vacant homes may not be covered by the Homeowner’s insurance policy, according to a USA Today article from August 9, 2010.  It is important that sellers read their policy and check with their insurance agent to have their […]

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