Thinking twice…..great article on Sunday, May 4, 2008. Both Sam and Linda Salchenberger and Gary and Wanda Lockwood are my clients and customers. We spent time together finding the right fit. I am not a tour guide but someone who truly understands the emotional buy that is involved. What can I do for you?
Welcome to a new ranch plan at The Turn. This paired condominium includes 1900 sf. of living space with 16 feet of glass and windows onto the patio and Palmer golf course. Master suite, second bedroom, great room, kitchen and dining space along with cathedral ceilings, hardwoods, granite, and more are included in the price of 489,000. Come into Geneva National today or call 262-949-9272 for included features and more.
John Stossel’s recent article in Real Clear Politics……..
As you probably know, while the nation sorts out the housing downturn and caution on a possible recession, Lake Geneva, Wisconsin while ‘influenced’ is not affected in the same way. Generally our inventory isn’t climbing that much and our prices aren’t falling that much. Especially in our secondary home market. Those home with lake access, deeded boat slips, waver runner ramps and assocation lake rights are even in more demand as a long winter begins to recede. However, Buyers who don’t understand this market area are influenced by the media to delay deciding, as they may be in their own market.
Real Estate is like the weather….it only depends on what is happening in your local area.
Whether properties have been on the market for awhile or have adjusted pricing the reality is that those properties will be placed under contract and won’t be available within the next four weeks. Visitor traffic will increase and Buyers looking to take advantage will arrive to pick them off in order to get organized and on the Lake by Memorial Day weekend. Don’t delay if a property is catching your eye…….
Area growth ‘healthy’ amid national issues
By RICK ROMELL
Posted: March 27, 2008
The growth in property values in southeastern Wisconsin slowed last year but increased by a “still healthy” 6%, the Public Policy Forum said in newly released research.
Walworth and Kenosha counties, probably benefiting from their proximity to Chicago and northern Illinois, led the way. But the region as a whole held up well amid the problems that have beset real estate nationally, forum President Rob Henken said.
Southeastern Wisconsin’s property value growth fell off the 10.7% pace of 2005-’06, but other parts of the country have seen values decline, Henken said. “It certainly looks to be very good news ….that that has not happened here as of the 2007 data, and having a 6% growth rate in the region is not anything to feel bad about,” he said. “Even these numbers may be higher than some had expected.”Walworth County’s total value rose 10.5% last year. The county has gained 121.4% in value over the past decade.Kenosha County posted the next highest increase, 7.2%.
Increases in the rest of the region were: Ozaukee County, 6.6%; Washington County, 5.7%; Racine County, 5.6%;Milwaukee County, 5.5%; and Waukesha County, 5.1%. Henken called the greater growth of the Illinois border counties “a valuable piece of information for policy-makers.” “It again points to the benefits of public policies, which are going to take advantage of our proximity to northern Illinois,” he said.
Property values for the state as a whole rose 6.2%. The report also shows the range in the value of property per person in the region’s communities.
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Chenequa, in Waukesha County, is easily the wealthiest by this measure, with $971,508 in property value per resident.
The lowest ranking community is Whitewater, in Walworth County, with $49,079 in property value per resident.
Milwaukee ranks fourth to last, at $53,995.
The Public Policy Forum based its analysis on the equalized property values across the state determined by the state
Department of Revenue as of August.