vilas county real estate: Market Statistic as of March 28, 2012 in the Northern WI counties of Vilas and Oneida! - 03/29/12 08:21 AM
Market Statistic as of March 28, 2012 in the Northern WI counties of Vilas and Oneida!
We are now almost finished with the first quarter of the 2012 year and with the jumpstart into spring we have had it DOES feel like we have had a jump start into an early selling season. I am always hesitant to be TOO optimistic but I can hardly help myself this year. Heck, I seldom can help myself, but there are signs I am seeing of good activity so far in 2012. Let me go over with you what I am seeing.
For … (0 comments)
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vilas county real estate: December 2011 results for the Northern WI counties of Vilas and Oneida! - 01/14/12 11:50 PM
December 2011 results for the Northern WI counties of Vilas and Oneida!
After a better than expected October and November, December was slightly disappointing. Home sales dropped to 78 units in Vilas and Oneida Counties for the last month of the 2011 year. That compares with 92 units in December of 2010. However, we only sold 67 units in December of 2009. I can offer little in the way of an explanation for the lackluster results as December sales represent the lowest volume since May’s volume of 74 units. My thoughts are that it could be a reflection … (3 comments)
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vilas county real estate: Bank Owned/Short Sales and how they affect the Vilas and Oneida WI Real Estate Markets as of 11-16-2011 - 11/17/11 09:23 PM
Bank Owned/Short Sales and how they affect the Vilas and Oneida WI Real Estate Markets as of 11-16-2011
The BIGGEST question I am asked by Buyer’s is: “How can you help me find that great bank owned purchase?” The biggest question I am asked by Seller’s is: “How are bank owned sales affecting my market niche?”
There is always a lot of interest about foreclosures and short sales especially when it comes to our water front market. The fact of the matter is that there simply are not that many lake homes that get foreclosed. The chart above … (9 comments)
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vilas county real estate: Eagle River WI Market Report November 14,2011 for Vilas and Oneida Counties - 11/14/11 11:25 PM
Not a lot of change from previous months. 85 homes were sold in the month of October in Oneida and Vilas Counties. This compares with 90 units in September and 96 in August. When we look at 2010, we sold 94, 93 and 85 homes in August, September and October. In August, September and October 2009, there were 84, 78 and 109 units sold. So, we are flat with 2010 and a bit up from 2009. The supply of homes remains very good but is a bit reduced from 2009 and 2010. We appear to be steadier than … (1 comments)
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vilas county real estate: Historic Conventional Mortgage Rates and Today's Market, Eagle River, WI - 11/04/11 06:00 PM
The chart below shows Historic Mortgage Rates and Historic recessions and it is a great example of why we should be buying real estate in today's market.
I said before that these are extraordinary times. This chart shows the bellweather since 1970 and there are several points I would like to make.
First I wish to show here is how low the rate is relative to history! It is under 4% at present! Why aren’t people buying! The chart also shows that technically we … (0 comments)
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vilas county real estate: Market Statistics for 500K plus properties in the Greater Eagle River WI areas of Vilas and Oneida Counties in 2010 - 01/30/11 02:00 PM
Market Statistics for 500K plus properties in the Greater Eagle River WI areas of Vilas and Oneida Counties in 2010
I have been hearing a lot of questions regarding the higher end markets in my areas lately and there is bittersweet news for those sellers as well as those buyers.
The market statistics for the $750,000 plus market in the greater Eagle River WI areas of Oneida and Vilas Counties showed improvements over the 2009 year in volume but not in price. Here are those statistics:
In 2010 there were 19 over $750,000 list price homes sold. The average sale price was $855, … (6 comments)
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vilas county real estate: Year end statistics for Eagle River Wisconsin and the surrounding areas of Vilas and Oneida Counties - 01/27/11 11:17 PM
Finally here are some year end statistics for Eagle River Wisconsin and the surrounding areas of Vilas and Oneida Counties. I have been going over some numbers since the New Year started and I wanted to share them with you. This took me a couple of weeks and it is not a perfect process but my numbers come right off of our MLS and right off of our tax rolls from last year....
So, here is a view of 2010 and how each township I service did with list to sale price of both the original list price in the MLS … (0 comments)
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vilas county real estate: October END of the MONTH statistics and HOW FORECLOSURES are affecting the northern WISCONSIN counties of Vilas and Oneida - 11/29/10 12:46 PM
October END of the MONTH statistics and HOW FORECLOSURES are affecting the northern WISCONSIN counties of Vilas and Oneida
October END of the MONTH statistics and HOW FORECLOSURES are affecting the northern WISCONSIN counties of Vilas and Oneida! So....over 3/4th's of the year is over and home prices here in the "Northwoods" appear to be stabilizing a bit. Based on year to date sales we are seeing an increase in volume in BOTH Oneida and Vilas counties. This is not a huge increase but it is definitely something. Vilas is UP approximately 40 units ( 241 homes sold in … (5 comments)
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vilas county real estate: DEALS and STEALS in Northern Wisconsin's Vilas County! - 08/28/10 05:34 PM
Buyer's in today's market are hungry for DEALS and STEALS in Northern Wisconsin's Vilas CountyAND there are some truly great values out there! I am going tp outline a few that would be seen as a real deal to anyone form the actual buyer who wants a home up north to the investor.
1080 Berry Lane on prestigous Cranberry lake on the 28 lake Eagle River WI chain of lakes MLS 111403
Prices NOW at $479,000. Originally priced at $579,000 Priced NOW over $90,000 UNDER Fair Market Value. Seller's want an offer and are prepared to leave the majority of furnishings behind … (5 comments)
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vilas county real estate: What is the relationship between the Assessed and Fair Market values of the properties selling in the surrounding Eagle River, WI areas and SALES PRICE from January 1 to June 26, 2010. - 07/16/10 02:13 PM
As a local expert I decided to study what the relationship between the Assessed and Fair Market values of the properties selling in the surrounding Eagle River, WI areas AND SALES PRICE from January 1 to June 26, 2010. Since this correlation seems to be whay alot of today's buyers are focusing on.
So, I will go over some of the township with you so you know what is happening this year versus where we were last year... Volume is definitely up and in certain pockets so is sales price but only in certain pockets...
I looked at January 1 to June 24th and … (0 comments)
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vilas county real estate: What is happening in the Northern Wisconsin's counties of Vilas and Oneida serving the greater Eagle River, WI area? - 07/16/10 01:36 PM
What is happening in the Northern Wisconsin's counties of Vilas and Oneida serving the greater Eagle River, WI area? Well 6 months into this years market and here is where we are.
We have seen growth not impressive growth but beggars can't be choosy! 98 homes were sold in Vilas and Oneida Counties in June. That is the best month since October 2009. In fact, when one looks at unit sales since November 2008, June's 98 units are the second most homes sold other than October 2009's 109 units, which is cause for some celebration!
We` have put together 4 straight … (5 comments)
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vilas county real estate: Eagle River WI Chain of Lakes Property priced to sell! - 05/13/10 10:07 PM
This amazing Wisconsin River Parcel is seconds from Watersmeet Lake on the amazing Chain of Lakes in Wisconsin and it is priced to SELL at UNDER FAIR MARKET VALUE!
If you have been looking for an opportunity to get on the Eagle River Chain of lakes with privacy and easy access than look no further. This great lot offers 200 feet of Wisconsin River frontage with large mature pines on your own 1.8 acre parcel. There is a gentle slope down to the water's edge and a sand bottom when you get there.
These Sellers planned their future retirement … (7 comments)
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vilas county real estate: Kentuck Lake Dream Property - Eagle River, WI - 06/07/09 02:26 PM
Kentuck Lake Deam Property in Eagle River, WI
This Kentuck Lake Dream property in Eagle River, WIoffers 3 bedrooms- one being an amazing lakeside main level master - 3.5 baths and defines what TODAY'S buyers are looking for. It is a statement in luxury and offers the best of lake side living. From the moment you enter the home through the covered deck you are greeted by natural hard pine wood floors that lead you into the great room and the wall of windows with western exposure & sunset views of Lake Kentuck.
The custom kitchen offers stainless … (8 comments)
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vilas county real estate: Amazing concrete construction home in Eagle River Wisconsin is priced to Sell! - 04/21/09 12:25 PM
Whether you are relocating / retiring / or looking for a spot for your home based business this amazing concrete construction home on Big Sky Dr. in Eagle River Wisconsin is priced to sell and a must see property. This 1800+ sq. foot home offers energy efficient living for the thrifty shopper. It boasts draft free walls and full concrete construction so this home is solid and incredibly cheap to heat! It is located just north of Eagle River WI on Big Sky Dr. and is convenient to all Northwood's recreation, as well as, shopping and schools.
The home itself offers 3 bedrooms, … (5 comments)
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vilas county real estate: Voyageur Lake Property on the Eagle River Wisconsin Chain of Lakes! - 03/30/09 08:21 PM
Amazing Voyageur Lake property on the Eagle River Wisconsin Chain of 28 lakes!!
This listing offered for the 1st time to the Eagle River Wisconsin market is a real opportunity for the Buyer looking for a good deal! This Voyageur Lake property on the Eagle River Wisconsin Chain of Lakes is located in a quieter bay right off the main drag of the chain! It is nestled by Lake Forest Golf Course and offers spectacular views of the lake and of nature. This year around home has been owned by the same family for years and they have used it for all seasonal activities from snowmobiling to water skiing.
It … (5 comments)
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vilas county real estate: When buying real estate in Northern Wisconsin it is best to work with a full time agent!! - 03/03/09 08:04 PM
When buying real estate in Northern Wisconsin it is best to use a full time agent. It can be tricky if you are not familiar with many of the different aspects of the transaction. In the tucked away counties of Oneida and Vilas counties where the majority of our business is selling dreams in the form of second homes and vacation properties we have some different issues that you want to be aware of so that the transaction goes as smoothly as possible. None of these should make you wary if you are working with a full time local professional.
Several … (5 comments)
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vilas county real estate: Selling in the Spring.. then start NOW!! Getting ready in Eagle River, WI. to list your home for sale. - 02/10/09 06:29 PM
Thinking of Selling in 2009 then now is the time to start getting prepared.
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If you are thinking that you may want to sell this spring then I suggest you take a proactive approach to getting your home and property prepared for sale. In this market when all we keep hearing is " it's a buyer's market" the best way to get top dollar for your home now is to get a head start on the process.
If you want to feasibly have your home on the market, sign in the ground, and showing ready by May 1st then March 1st … (5 comments)
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vilas county real estate: First time home ownership in Eagle River, WI. Now is the time to buy!! - 02/09/09 02:23 PM
In Eagle River Wisconsin it IS the TIME to BUY if you are a first timer!!
With all of the media noise about the market these days the one item that I will agree with is that it remains a great time to be a first time home buyer. In our community of Eagle River , Wisconsin, we have a large amount of homes for sale whether you are a buyer looking for in-town living or country living. There is something for everyone and if you are willing to shop around there are definite "deals' to be had. While it … (5 comments)
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