February 08, 2011

Ten Facts - Wisconsin Real Estate

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Wisconsin Realtors Association Ten Facts You Should Know about the Wisconsin Real Estate Market

The Wisconsin Realtors Association has made available Ten Facts You Should Know about the Wisconsin Real Estate Market. I’ll list the first five today.

1. There’s no such thing as a national real estate market.

This is no truer than in southeastern Wisconsin. In fact, there’s no such thing as a Wisconsin market in the Geneva Lake area. In addition to the traditional primary residence market, the numerous lakes, offering a wide range of prices and water access, along with the proximity to Chicago and Milwaukee foster a strong second home market. In fact, according to MLS statistics, there is evidence of price stabilization in Walworth County, especially in the higher end sales.

2. Cycles come and go but your dream home can last a lifetime. 

And while you own your dream home, your interest payments are tax deductible. Especially in the first few years, this makes home ownership extremely attractive versus renting.

3. A wide selection of inventory allows you to find your dream home.

It’s easier than ever to find the most suitable and affordable home for your needs, wherever you choose to live.

4. Interest rates are at all-time lows.

Rates are still in the 5% range or lower for a 30 year mortgage.

5. Realtors© can help you find your dream home.

Getting back to the idea of “no such thing as a national market”- there is no such thing as a National Realtor©.  Again, especially in this lake area, an experienced local Realtor© is key to buying or selling your property.  The internet is convenient, but still no substitute for experience, knowledge, and advice.

For more details click here, or visit again for the next five facts about the Wisconsin Real Estate Market.



Posted by:  Janet Giovannetti

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