Sell Your Home…Then What!

Sell Your Home…Then What!

By now, everyone reading this article has heard about the hot real estate market. But what does that really mean to you, a homeowner? When the topic of real estate comes up when I meet folks who know I am in real estate, the first thing I hear is, “you sure are lucky to be in real estate in this crazy hot market…must be great!” Now, ask anyone actually in real estate, and they will tell you how exasperating it is, and how difficult it is to find a buyer a home. Here is an example. A couple of days ago, a past client who is thinking of downsizing called me to look at a home in Waukesha County. It had just come on the market a day earlier, so we wanted to get there as soon as possible. When we arrived, we noticed on the counter the cards of the Realtors who had shown that home in the last 24 hours. There were at least 20 cards, and I was told so far 6 offers! Add to that the home would have sold in 2008 for about $300,000. Now it was over $500,000! What is cause of this overheated market?

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Real Estate in Our New World…

Real Estate in Our New World…

My focus for this article is on the real estate market in relation to our new set of rules and circumstances. So where are we now, where will our market go, who will it favor and when will it start? Remember, I am writing this article in mid-April. By the time you read this the world may have changed again! Let’s begin with what we know right now. Believe it or not, sales for March were UP! That’s right. Up 12.8% over last year and 9.3% up for the first quarter.

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What is Title Insurance and do you need it?

What is Title Insurance and do you need it?

Many people buying a home may ask what title Insurance is or why they may need it? If you're not familiar, this article will fill you in on the reason why title insurance is an important piece of the home buying process. Buying a home is an exciting and emotional time for many people. To help you buy your home with more confidence, make sure you get owner’s title insurance. 

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Why You Should Use a Real Estate Agent Over FSBO

Why You Should Use a Real Estate Agent Over FSBO

Putting your property on the market as a ‘for sale by owner’ (FSBO) is a big mistake for most people. While do-it-yourself projects are a great way to save money in many cases, it simply is not advisable when it comes to something as complex as selling a home. 

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Student Debt a Factor for the Future of Home Sales!

Student Debt a Factor for the Future of Home Sales!

This blog post talks about how current student loan debt is impacting young buyer's from home ownership decisions and how this affects the housing market.  According to a new joint survey conducted by the National Association of Realtors and SALT (a consumer literacy program), results revealed that student debt postponed four in 10 borrowers from moving out of a family member’s household after graduating college. Nearly three-quarters of non-homeowners polled in the survey believe their student loan debt is delaying them from buying a home. 

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Time to Be Lucky! Updates on the current real estate market in Wisconsin

Time to Be Lucky! Updates on the current real estate market in Wisconsin

In this blog, Bruce talks about the current state of the real estate market this Summer. With low interest rates (3.85% for a 30 year fixed rate mortgage) plus high demand there has been a euphoric market for today’s homeowners. Due to the word on the street that prices were escalating and selling time is short, many sellers have decided to wait on the sidelines and enjoy the appreciation which was absent in the recession.  This post explores some of the current conditions with buyers and sellers on the market today, and what you should know before you list. 

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