Archive for the News Articles Category

By: Paul Gores of the Journal Sentinel Date: 10 September 2010 Source: Milwaukee Journal Sentinel 11 September 2010 Business Section Link: http://www.jsonline.com/business/102638414.html Sales so far this year are down nearly 4% and expected to stay low Sales of existing homes in the metro Milwaukee area fell for the third consecutive month, dropping 37% in August [...]

Posted May 12, 2010 10:02am EDT Yahoo Finance Original Post Link Among the crowded ranks of economists and market watchers, Dean Baker stands out. Baker presciently called the housing bubble when he published  “The Run-up in Home Prices: Is It Real or Is It Another Bubble?” in 2002. So does our guest Baker see the [...]

Date: 2 December 2009 By: Reuters Link:http://www.cnbc.com/id/34242187 The meltdown of the U.S. housing market is not over yet, and home prices will soon start trekking downward again as a flood of foreclosures looms, a well-known economist said Wednesday. Mark Zandi, chief economist at at Moody’s Economy.com in West Chester, Pennsylvania, said in an interview with [...]

3 December 2009 By ALAN ZIBEL (AP) Link: http://www.google.com/hostednews/ap/article/ALeqM5hPHFMSZDHZNqzg3uDQ1tvmGdoq4wD9CBV34G0 . WASHINGTON — The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. The rate, published Thursday by Freddie Mac, is the lowest since the mortgage finance [...]

By: Thomas Content of the Journal Sentinel Date: Nov. 19, 2009 Source: Milwaukee Journal Sentinel 20 November 09 Link: http://www.jsonline.com/business/70478967.html Some fear foreclosure pace could accelerate One of every nine homeowners in Wisconsin was behind on mortgage payments or in foreclosure at the end of September – a record level that industry observers said Thursday [...]

Source: cnbc.com Date: 30 November 2009 Link: http://www.cnbc.com/id/34207654 Should homeowners who are behind in their mortgage be allowed to just walk way from the payments? A University of Arizona law professor suggests that maybe they should. While not recommending that homeowners forgo their responsibilities, Professor Brent White told CNBC Monday that there is a different [...]

Source: cnbc.com Date: 18 November 2009 Link: http://www.cnbc.com/id/34018204/ If you already took advantage of the government’s tax credit for first-time homebuyers—or are planning to do it anytime soon—you’ll probably agree with this prediction: Sales of existing homes will peak in the final quarter of 2009, then begin a year-long slide, which is likely to be [...]

Interesting report. It appears that the supply of housing inventory in the Franklin, Greenfield and Oak Creek areas are in line with the national trend of about 7.5 months. Oak Creek having a slightly smaller supply of about 6 months. The median home price for September in Franklin was $209,900, in Greenfield $172,000 with Oak [...]

You probably think I am crazy to post an article like this but I would disagree. I welcome it when owners want to sell their home without an agent. Why? Because it gives them an opportunity to see what we actually do. They get to put themselves in our shoes and in turn, I feel [...]

Wow!  Another great article.  This is definitely strait talk that every seller needs to hear.  So easy to say and less easy to implement. Source: cnbc.com Date: 8 October 2009 Link: http://www.cnbc.com/id/32893590 If you’re planning to put your home on the market, it’s not your manners that need polishing. Try your silver, among other improvements. [...]