Homebuying
July 2023 housing market stats according to the National Association of Realtors say: First-time home buyers were responsible for 30% of all home sales in July 2023. Individual investors purchased 16% of homes. All-cash sales accounted for 26% of transactions. Distressed sales represented 1% of home sales. Properties typically remained on the market for 20 … Read more
This summer is flying by, can you believe that the Wisconsin housing market stats for May 2023 are already up?! According to the WRA (Wisconsin Realtors Association) here are the stats for Green Bay, WI and all of Wisconsin: Single family homes in Green Bay, WI and De Pere, WI, and Appleton, WI and ALL … Read more
Home selling isn’t just about selling a house (hold on, stay with me here…) It’s also about selling a dream. A dream to a potential and pre-approved home buyer. You want the home buyer to walk in and visualize living in that space. You want them to picture themselves doing daily things, like cooking in … Read more
Home buyers and want-to-be- home buyers, this post is specifically for YOU. Getting pre-approved is one of the very first steps in the home buying process. But what is a pre-approval? Straight from Freddie Mac: “A pre-approval is an indication from your lender that they are willing to lend you a certain amount of money … Read more
The new housing stats for the beginning of the 2023 year are in! Last year Green Bay, WI ended with low housing inventory and higher home sale prices. So far this year, it’s more of the same. And it’s been projected to continue along the same lines for the 2023 year. So what are the … Read more
According to Freddie Mac the average 30 year fixed mortgage rate is up more than 2% since the beginning of 2022. So what can a home buyer do to help get a better rate? Try some of these tips to help: With what’s listed above, you should talk to with your Buyer’s Agent and with … Read more
As of January 1st, 2019, the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA) have rolled out new limits on the loans they back. Previously, the FHA’s loan limit was just under $295k, at $294,515. This will increase to just under $315k, right at $324,827 – that’s almost a 7% hike increase! … Read more
Are you considering your next real estate sale? Whether you are looking to buy or sell a home, investment property, or vacant land contact the team at Elysian Realty to find out how we can help you.