Racine Wi Real Estate Market is Alive and (Relatively) Well - 11/08/08 07:41 PM
Good things are happening in Racine Wi. We have the challenges brought on by the national economy, but Racine is moving forward, in small steps, but forward.
Our Real Estate market did not experience the double digit appreciation that many other markets had, and because of this, our market adjustment is not as prolonged as the markets that had the big appreciation rates.
Investors are buying, multiple bids on foreclosures, that are properly priced, is the norm. The follow up to this activity should be the market returning to a "new normality" with owner occupants buying properties again.
Patience grasshopper.
 
 
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Dan Gobis

Racine, WI

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Re/Max Newport Realty Corp.

Address: 1020 West Blvd., Racine, Wi, 53405

Office Phone: (262) 939-0949

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