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Key Factors Affecting Home Affordability Today

Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here [...]

By |2022-11-07T09:06:40-06:00November 7th, 2022|First Time Home Buyers, For Buyers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on Key Factors Affecting Home Affordability Today

Homeownership Wins Over Time [INFOGRAPHIC]

  Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling real estate market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2% since 1991. Homeownership wins in the long run. If you’re ready [...]

By |2022-11-04T09:11:09-05:00November 4th, 2022|First Time Home Buyers, For Buyers, home, Housing Market Updates, Infographics, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Homeownership Wins Over Time [INFOGRAPHIC]

Do You Believe Owning a Home Is Out of Reach?

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how [...]

By |2022-11-03T08:53:16-05:00November 3rd, 2022|Demographics, First Time Home Buyers, For Buyers, Gen Z, home, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Millennials, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Do You Believe Owning a Home Is Out of Reach?

Sell Your House Before the Holidays

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, [...]

By |2022-11-02T11:01:57-05:00November 2nd, 2022|For Sellers, home, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Sell Your House Before the Holidays

3 Trends That Are Good News for Homebuyers

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for homebuyers. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you when you go [...]

Taking the Fear out of Saving for a Home

Saving for a home can be a daunting task. If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter.  And [...]

By |2022-10-31T09:46:00-05:00October 31st, 2022|Buying Myths, Down Payments, First Time Home Buyers, For Buyers, home, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Taking the Fear out of Saving for a Home

Applying for a Mortgage Doesn’t Have To Be Scary

  If you're thinking of applying for a mortgage this fall, there are a few things you should know:   Applying for a Mortgage: Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. [...]

By |2022-10-28T09:50:20-05:00October 28th, 2022|First Time Home Buyers, For Buyers, home, Infographics, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Applying for a Mortgage Doesn’t Have To Be Scary

Millennials Are Still a Driving Force of Today’s Buyer Demand

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. What is driving today's buyer demand? While the millennial generation has been dubbed the renter [...]

By |2022-10-27T09:49:19-05:00October 27th, 2022|Demographics, For Sellers, home, Housing Market Updates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Millennials, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Millennials Are Still a Driving Force of Today’s Buyer Demand

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

With all the headlines and talk in the media about the shift in today's housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s [...]

By |2022-10-26T11:32:58-05:00October 26th, 2022|For Buyers, For Sellers, Foreclosures, home, Housing Market Updates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on 3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

What Happens to Housing in a Recession?

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 [...]

By |2022-10-25T09:30:47-05:00October 25th, 2022|For Buyers, For Sellers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on What Happens to Housing in a Recession?
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