Existing home sales declined 19.2% July 2021 to July 2022. The inventory problem continued to put strong upward pressure on home prices, as the median price rose 11.3% to $279,000 over that same period. The reason?? It’s a little of everything: not enough homes for sale, rising mortgage rates, and the economy as a whole. A […]
Fun credit card fact: According to the Guinness World Records, Walter Cavanagh of Santa Clara, California, has largest collection of valid credit cards that is recognized. He has amassed a 1,497 credit cards. While you don’t need THAT MANY, you should ALWAYS have a couple in good standing – but just HOW many? Simple answer: […]
Fast facts and stats on the housing market in the state of Wisconsin for the month of June 2022 Still a major lack of houses for sale! Declining inventories continued to hinder sales while driving home prices higher. Existing home sales fell 11.1% in June 2022 compared to June 2021, and the median home sale […]
Credit scores are a major factor in your financial well-being. By keeping your credit score as high as possible it opens you to a better mortgage rate among other things. Whether you’re thinking about buying your first home or your next home, use these credit score tactics to keep you and your credit score protected. […]
Fast facts and stats on the housing market in the state of Wisconsin for the month of May 2022 Home inventories continued to tighten with only 2.6 months of available supply in May. For a stable housing market it would be 6 months of available homes for sale. That means we are still in a […]
Fast facts and stats on the housing market in the state of Wisconsin for the month of April 2022! Home sales in general have fallen from last year April. This is due to LACK OF INVENTORY, as in, not enough homes for sale! Home sales fell 14.8% between April 2021 and April 2022, whereas the […]
One big difference from renting and owning your own home are the tax benefits! We could all use more tax breaks, no? 1. Mortgage Interest – Every month you pay in to cover your principle, interest, insurance, and taxes (see tax benefit #2). Keep track of your interest amount! Use that as an itemized deduction. […]
The National Association of Realtors (NAR) conducted a survey in July of 2021. The received 5,795 responses from homebuyers who purchased a primary residence between July 2020 and June 2021. The report’s information about sellers comes from the buyer respondents who also sold a home. This is their findings among homebuyers: “In 2021, millennials, those […]
According to the news website Millionacres.com, “70% of home buyers faced a bidding war in May 2021 – up significantly from the 52% rate seen last year” Don’t lose hope my Home Buyer People! All is NOT lost. One of the key items you need in order to win and get the home you want […]
Cash is King…or Cash is Queen – however you want to spin it. The home buying market in Green Bay, WI, De Pere, WI, Appleton, WI – really EVERYWHERE across the US has been a strong sellers market. That’s putting it lightly. Bidding wars are taking place on most homes and the ones that come […]