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The Many Benefits of Homeownership

The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But owning a home has so much more to offer. Here’s a look at a few of the non-financial and financial benefits of homeownership. If you’re looking to buy a home today, [...]

By |2022-03-22T09:41:14-05:00March 22nd, 2022|First Time Home Buyers, For Buyers, home, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Rent vs. Buy, Tomahawk, waterfront, Wisconsin|Comments Off on The Many Benefits of Homeownership

Did Your Dream Home Just Come on the Market?

Searching for Your Dream Home For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of declines). Here’s a [...]

By |2022-03-17T09:04:51-05:00March 17th, 2022|First Time Home Buyers, For Buyers, home, Housing Market Updates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Did Your Dream Home Just Come on the Market?

Is It Time To Buy a Home?

Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly housing costs over time. After all, according to Census [...]

By |2022-03-16T10:10:41-05:00March 16th, 2022|First Time Home Buyers, For Buyers, home, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Rent vs. Buy, Tomahawk, waterfront, Wisconsin|Comments Off on Is It Time To Buy a Home?

Closing Costs: Don’t Get Caught Off Guard

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not [...]

By |2022-03-15T09:14:59-05:00March 15th, 2022|First Time Home Buyers, For Buyers, home, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Closing Costs: Don’t Get Caught Off Guard

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]

How To Navigate a Market Where Multiple Offers Is the New Normal

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast [...]

By |2022-03-10T12:04:12-06:00March 10th, 2022|First Time Home Buyers, For Buyers, home, Housing Market Updates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on How To Navigate a Market Where Multiple Offers Is the New Normal

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

Will Rising Home Prices Continue?

Rising Home Prices Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December:   Federal Housing [...]

Down Payment Assistance Programs Can Help You Achieve Homeownership

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For [...]

By |2022-03-02T09:24:23-06:00March 2nd, 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 Down Payment Assistance Programs Can Help You Achieve Homeownership

The Difference Between Renting and Owning

  Renting or Owning? If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of [...]

By |2022-02-28T08:37:34-06:00February 25th, 2022|First Time Home Buyers, For Buyers, home, Infographics, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Rent vs. Buy, Tomahawk, waterfront, Wisconsin|Comments Off on The Difference Between Renting and Owning
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