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What Would a Recession Mean for the Housing Market?

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see a [...]

By |2022-08-16T05:00:26-05:00August 16th, 2022|For Buyers, For Sellers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on What Would a Recession Mean for the Housing Market?

Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years. Let’s connect [...]

By |2022-08-05T05:00:47-05:00August 5th, 2022|For Buyers, For Sellers, home, Housing Market Updates, Infographics, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

Expert Housing Market Forecasts for the Second Half of the Year

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the [...]

By |2022-07-12T05:00:15-05:00July 12th, 2022|For Buyers, For Sellers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on Expert Housing Market Forecasts for the Second Half of the Year

The Drop in Mortgage Rates Brings Good News for Homebuyers

Yes, a Drop in Mortgage Rates! Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie [...]

By |2022-07-11T10:17:42-05:00July 11th, 2022|First Time Home Buyers, For Buyers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on The Drop in Mortgage Rates Brings Good News for Homebuyers

What Does an Economic Slowdown Mean for the Housing Market?

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings [...]

By |2022-07-07T05:00:18-05:00July 7th, 2022|For Buyers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on What Does an Economic Slowdown Mean for the Housing Market?

What Does the Rest of the Year Hold for the Housing Market?

If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say. The Number of Homes [...]

By |2022-05-31T05:00:04-05:00May 31st, 2022|First Time Home Buyers, For Buyers, For Sellers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on What Does the Rest of the Year Hold for the Housing Market?

Why Rising Mortgage Rates Push Buyers off the Fence

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re [...]

By |2022-05-17T05:00:46-05:00May 17th, 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, Tomahawk, waterfront, Wisconsin|Comments Off on Why Rising Mortgage Rates Push Buyers off the Fence

2022 Housing Market Forecast [INFOGRAPHIC]

Some Highlights What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home sales as people move to meet their changing needs. Let’s connect [...]

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

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 [...]

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