wisconsin: Will the Real Estate market sales come to a halt without the tax credit? - 05/12/10 03:24 AM
I am sure like most of us, myself included, are happy for the break from the "all at once" deadline rush to get under contract to receive the tax credit. My local market was swamped with people buying, and sometimes over paying for homes because so many offers where being written. It appears that the general public needs a "whats in for me" incentive and a deadline to get them off the fence to buy houses. I do believe that the tax incentive, for all its good and bad attributes, did help people over the fear of a "decline after purchase" … (2 comments)

wisconsin: Have Median Home prices reached Historical "Normal" levels? - 02/03/10 07:12 AM
A new article in Wisconsin Real Estate magazine January 2010, we are starting to reach our historical median norms for Wisconsin. While these are market and price range specific, it appears that home price have fallen back close to a normal range. In our local area of Appleton, Neenah, the Fox Valley and NE Wisconsin, I have seen this happen, but most experts locally say a 3-5 % reduction is still out potentially there in the median market price range.
I think the price downward slide from "Sub Prime" lending has slowed. In contrast, the effect of "Option Arms" is not … (0 comments)

 

Thomas Otis

Neenah, WI

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Remax 24/7 Real Estate

Address: 2835 W College Ave., Appleton, WI, 54914

Office: (920) 734-0247

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I write about real estate topics specific to foreclosure, short sales and mortgage trends. I try to inform readers how this relates to them and how it may affect their buying and selling of real estate.


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