What Makes a House a Home?

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too. Home means something different to all of us. Whether it’s sharing memories [...]

By |2022-12-22T11:32:19-06:00December 22nd, 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 What Makes a House a Home?

What To Expect From the 2023 Housing Market

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. So what do the experts think the 2023 housing market has in store? As the Federal Reserve (the Fed) made moves this year to try to [...]

By |2022-12-21T09:00:27-06:00December 21st, 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 To Expect From the 2023 Housing Market

Homeowners Still Have Positive Equity Gains over the Past 12 Months

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how you made equity gains and what it means, even as the market moderates. Equity is the current value of your home minus what you owe on the loan. Because there was [...]

By |2022-12-20T09:20:15-06:00December 20th, 2022|For Sellers, home, Housing Market Updates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on Homeowners Still Have Positive Equity Gains over the Past 12 Months

Mortgage Rates Dropping. What Does That Mean for You?

Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), [...]

By |2022-12-19T09:44:37-06:00December 19th, 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 Mortgage Rates Dropping. What Does That Mean for You?

2023 Housing Market Forecast [INFOGRAPHIC]

  Housing Market Forecast: Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, contact Northwoods Community Realty so you understand where the housing market is headed [...]

By |2022-12-16T10:42:21-06:00December 16th, 2022|For Buyers, For Sellers, home, Housing Market Updates, Infographics, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on 2023 Housing Market Forecast [INFOGRAPHIC]

Planning to Retire? It Could Be Time To Make a Move.

If you’re planning to retire or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move than you realize. Here are a [...]

By |2022-12-16T11:47:53-06:00December 15th, 2022|Baby Boomers, Demographics, For Sellers, home, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Senior Market, Tomahawk, waterfront, Wisconsin|Comments Off on Planning to Retire? It Could Be Time To Make a Move.

You May Have More Negotiation Power When Buying a Home Today

Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competition from [...]

By |2022-12-14T09:41:25-06:00December 14th, 2022|Buying Myths, 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 You May Have More Negotiation Power When Buying a Home Today

Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.

  At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to [...]

By |2022-12-13T12:17:38-06:00December 13th, 2022|For Sellers, home, Housing Market Updates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Selling Myths, Tomahawk, waterfront, Wisconsin|Comments Off on Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.

What Every Seller Should Know About Home Prices Today

If you’re trying to decide whether or not to sell your house, recent headlines about home prices today may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know. What’s Really Happening with Home Prices Today? It’s possible you’ve seen [...]

By |2022-12-12T10:27:23-06:00December 12th, 2022|For Sellers, home, Housing Market Updates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Selling Myths, Tomahawk, waterfront, Wisconsin|Comments Off on What Every Seller Should Know About Home Prices Today

Reasons To Sell Your House This Season [INFOGRAPHIC]

  Reasons to Sell: Some Highlights If you’re planning to make a move but aren’t sure if now’s the right time, here are a few reasons why you shouldn’t wait to sell your house. The supply of homes for sale, while growing, is still low today. Plus, serious buyers are out looking right now, and [...]

By |2022-12-09T10:12:29-06:00December 9th, 2022|For Sellers, home, Housing Market Updates, Infographics, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Selling Myths, Tomahawk, waterfront, Wisconsin|Comments Off on Reasons To Sell Your House This Season [INFOGRAPHIC]
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