Milwaukee Real Estate Blog - SE Wisconsin Real Estate - Franklin, Oak Creek, Greenfield, Greendale, Muskego, New Berlin

Archive for November 2008

Milwaukee Holiday Lights Festival Kick-Off Extravaganza

People are always looking for fun inexpensive things to do.  This year we decided to go and see the City of Milwaukee / Milwaukee County tree lighting at Red Arrow Park in downtown Milwaukee.  The Family left the house at about 4:45pm and headed downtown.  We made it there in plenty of time to [...]

11/22/08 Deal Of The Day – 1141 S. 103rd Street, West Allis, WI 53214

It truly is a Buyers market in real estate today. One of the goals I have with this blog is to highlight properties that I think represent great deals. The highlighted home today is in West Allis. Those that are from the SE Wisconsin area know how great this community is. While I may be [...]

Fannie Mae, Freddie Mac Stopping Foreclosures

Beteween November 26th and January 9th both Fannie Mae and Freddie Mac will temporairly suspend foreclosures.  The change allows for families to stay in thier home for the holidays.  It also gives the two government sponsored entities, time to evaluate if borrowers are able to qualify for the new streamlined loan modification program, that is [...]

City Of Milwaukee Forclosures

The City Of Milwaukee has published some great maps showing foreclosure statistical information.  The full pdf file is at the following link: http://www.city.milwaukee.gov/ImageLibrary/User/jsteve/NSP__Appendix.pdf As of 19th September 2008 there were 1619 bank owned properties and 138 city owned properties for a total of 1757 properties that are bank owned or city owned. As of [...]

Foreclosures In Wisconsin Continue To Increase

According to the Milwaukee Journal Sentinel and ForeclosuresWI.com today, foreclosures continued their increase in October this year. Milwaukee County had the largest increase of SE Wisconsin counties. The Journal reported that an “expert” said: “it might get worse ….before it gets better.” (they did not say who the expert was) Filings in the [...]

Waukesha unveils details of Lake Michigan water plan

Link: http://www.jsonline.com/news/waukesha/34430914.html
Source: Local Section of Milwaukee Journal Sentinel 11/14/2008

By Darryl Enriquez of the Journal Sentinel
Posted: Nov. 13, 2008
Waukesha – Acting under provisions of the Great Lakes Water Compact, Waukesha officials revealed details Thursday of plans to seek Lake Michigan water and return treated wastewater to the lake, likely via Underwood Creek in Wauwatosa.
City officials briefed [...]

Current Lending Rates

The Milwaukee Journal Sentinel reported today in the business section the following:
“Mortgage rates dropped for the second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.14% this week, down from 6.20% last week. It [...]

11/13/08 Deal Of The Day – 5239 Middleton Ct N. Greendale, WI 53129

It truly is a Buyers market in real estate today. One of the goals I have with this blog is to highlight properties that I think represent great deals. The highlighted home today is in Greendale. Those that are from the SE Wisconsin area know how great this small community is. While [...]

Milwaukee Co. vs. Waukesha Co. Property Taxes

Lots of people living in SE Wisconsin know that the property taxes in Milwaukee County are higher than those of Waukesha County. Those that are looking to move here from another state often ask to see listings in Waukesha County based solely on the idea that the property taxes are more “reasonable” there. [...]

Todays “Seller”

So you are looking to sell your house.  What does the typical “Seller” look like today?  Well it depends on where in the selling process you are.  It really makes no difference your circumstances.  Pretty much the pattern is the same.
Phase 1. The first thing that happens is that the “Seller” is in denial about [...]

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