Thursday, November 9, 2023 / by Julie Winter-Paez
As the year winds down, you may have decided it's time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make your move before the new year.
Get One Step Ahead of Other Sellers
Typically, in the residential real estate market, homeowners are less likely to list their houses toward the end of the year. That’s because people get busy around the holidays and sometimes deprioritize selling their house until the start of the new year when their schedules and social calendars calm down. But that gives you an opportunity to get one step ahead.
Selling now, while other homeowners may hold off until after the holidays, can help you get a leg up on your competition. Start the process with a real estate agent today so you can get your house on the market before your neighbors do.
Get Your House in Front of Eager Buyers
Even though the ...
Tuesday, November 7, 2023 / by Julie Winter-Paez
Now is your chance to find yourself in the middle of the Nicolet National Forest. This contemporary home has two bedrooms with plenty of space for more since there's a newer 4 bedroom septic, a full bath and an additional half bath, and a full basement. The thrid bedroom is the loft and is open and ready for your imagination's finishing touches. That's not all! There's an attached THREE car garage, with a workshop, accessed via a finished oversized mud room. Above the garage and mud room is even more room for whatever space your hobbies or interests may need. Several stoves are located throughout the home for supplemental heating and ambience. Home does have a forced air system as well as a back up generator. When you run out of things to do inside, head outside to your 7 acres of forest and 570 feet of shoreline on private Speedy Lake. Outdoor adventures abound with several Nicolet Forest trailheads nearby. You'll never run out of fun things to do with this Northwoods property.
Thursday, November 2, 2023 / by Julie Winter-Paez
What is happening in the real estate market right now? It's a little crazy Daisy. A recent article for Redfin just came out that said, the average American family needs to make an income of $115,000 to afford the average American home. What does that really mean? It means that last year, it was 100,000 you had to make which was up 15% from last year. But did you know that pre pandemic four years ago, that number is 50% higher? So four years ago, your median family income had to be about $15,000 to buy the average American home. The other staggering fact attached to that is that the average American family makes less than that by about $40,000. So basically, the average American home has now out price of the average American family. Add to that the fact that interest rates are rising, and we are in a bit of an interesting situation. In an ideal world. When interest rates go up, it usually puts pressure on home pricing. But we're not seeing that happen right now. I think we're not seei ...
Monday, October 23, 2023 / by Julie Winter-Paez
It is market report time, this is my favorite time of the month so no matter how I feel in real estate, but still not as busy or if I feel not as productive. I like to go back and look at the numbers because numbers don't lie.
So here are the numbers for the month of September and the year to date numbers for September 2023. For new listing, we are still down month over month from 2022 to 2023 September by 13.53%. When I look at the year to date numbers, we're still down on new listings by about 15% which in actual numbers we have 3,619 listings so far year to date. When we look at pending sales, those continue to remain up for a couple of months in a row now we're about at 47% for the month of September, but 11% year to date. When we looked at closed listings, I think is so interesting that our pending sales is up but our close sales is down. For the month of September we're down at about 7.7% and year to date we're down about 21%. So what does that mean? Again that tells y ...
Wednesday, October 18, 2023 / by Julie Winter-Paez
Today, I want to talk about something that affects all of us—new tax assessments in some of our townships.
As you may already know, the local government recently conducted tax assessments in several townships. These assessments determine the value of our properties and play a crucial role in how much we pay in property taxes. While it's natural to have questions and perhaps some concerns about these assessments, let me break down what you need to know.
First and foremost, assessments are essential for maintaining the fairness of our tax system. They ensure that everyone contributes their fair share to support our community's services, such as schools, roads, and public safety. So, in a way, they are like our contribution to keeping our beloved Northern Wisconsin as wonderful as it is! ??
Now, here's some valuable information from our local assessor: The average increase in assessed values is about 67%. If your assessment didn't go up by that amount, you're in luck! You'll like ...