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Things That Could Help You Win a Bidding War on a Home

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how [...]

By |2022-05-03T05:00:34-05:00May 3rd, 2022|Buying Myths, Down Payments, First Time Home Buyers, For Buyers, home, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on Things That Could Help You Win a Bidding War on a Home

Homeownership And Rising Inflation

If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to [...]

By |2022-04-27T08:50:36-05:00April 26th, 2022|Buying Myths, First Time Home Buyers, For Buyers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on Homeownership And Rising Inflation

Make A Successful Offer

If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to make a successful offer. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would then negotiate [...]

Housing Market Myths [INFOGRAPHIC]

Housing Market Myths Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it takes a [...]

By |2022-04-22T12:17:27-05:00April 22nd, 2022|Buying Myths, For Buyers, For Sellers, home, Infographics, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Selling Myths, Tomahawk, waterfront, Wisconsin|Comments Off on Housing Market Myths [INFOGRAPHIC]

Rising Mortgage Rates For Buyers

Approaching Rising Mortgage Rates As A Buyer In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put [...]

Getting Pre-Approved

Being intentional and competitive are musts when buying a home this season. That’s why getting pre-approved is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of The Mortgage Reports, explains: “The lender will [...]

By |2022-04-19T10:46:22-05:00April 19th, 2022|Buying Myths, First Time Home Buyers, For Buyers, home, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Getting Pre-Approved

What Is Multigenerational Housing?

Multigenerational Housing, Infographic: Multigenerational Housing: Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be [...]

Planning Your Home Buying Budget

Your Home Buying Budget When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your [...]

By |2022-04-05T08:32:53-05:00April 5th, 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 Planning Your Home Buying Budget

Key Terms for Homebuyers [INFOGRAPHIC]

Key Terms: Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information [...]

By |2022-03-11T14:16:30-06:00March 11th, 2022|Buying Myths, Down Payments, First Time Home Buyers, For Buyers, home, Infographics, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Key Terms for Homebuyers [INFOGRAPHIC]

Key Factors That Impact Home Affordability Today

You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices, [...]

By |2022-03-09T09:32:17-06:00March 9th, 2022|Buying Myths, 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 That Impact Home Affordability Today
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