Archive for June 2009

Source: Real Estate Section Milwaukee Journal Sentinel 14 June 2009 Mortgage rates jump, slowing refinancing Rates for 30-year home loans jumped to the highest level in seven months this week, leading to a slowdown in refinancing activity, Freddie Mac said.  The average rate for a 30-year fixed mortgage was 5.59% last week, up from 5.29% [...]

Currently the lowest priced home in the Oak Creek Wisconsin market is located at 3355 E. Ryan Road. It is priced at $115,000 with an assessed value of $148,000. It sits on about 1/3 acre of land. Here is a link to the info sheet. 3355 E. Ryan Road, Oak Creek, WI Information Sheet . [...]

Currently the lowest priced home in the Franklin Wisconsin market is located at 7128 W. Rawson Avenue.  It is priced at $94,900 with an assessed value of $147,900.  It sits on almost a full acre of land. Here is a link to the info sheet. 7128 W. Rawson Avenue, Franklin, WI Info Sheet . . [...]

So my wife was in the mood for ice cream and for what ever reason, decided that Cold Stone Creamery was going to be the destination to satisfy the craving.  We have been to Cold Stone Creamery many times before so we knew pretty much what to expect.  We opted for a location in Oak [...]

Date: 5 June 2009 Source: cnbc.com Link:http://www.cnbc.com/id/31123335 A new report out today from online real estate search site, Trulia.com, finds that nearly one in four current sellers, and these are what we call “organic” sellers, not distressed sellers (foreclosures or short sales) have dropped their sale prices at least once. On average, they’ve dropped prices [...]

Date: 3 June 2009 Source: cnbc.com Link: http://www.cnbc.com/id/31085395 The latest report from the National Association of Realtors shows that the number of contracts signed on homes in April rose 6.7 percent from the previous month. That’s what they call a “pending home sale.” Of course that buyer still needs to do the home inspection and, [...]

Things have been picking up here in the SE Wisconsin real estate market.  Buyers expectations have never been higher.  Most buyers want to see everything in person they can.  They are looking high and low for a great deal.  Time is now on the buyers side and sometimes it’s days between seeing a home and [...]