I read yesterday that the FED says we are almost at the bottom in terms of the real estate market. I don't see how that is possible with Foreclosures still on the rise and credit markets still locked up tight. We will not see the bottom however until we are well past it so I am suggesting that each person out there who is still practicing do it like there is no tomorrow. Castle Rock Lake area real estate will be a tough sell this year with values sliding almost 30% over the last 6-8 months. As soon as sellers figure out the best way to get this across to buyers they will be rewarded with a sale.
Pricing is still first and foremost the best way to sell real estate, expert agree across the board.
We are currently doing some marketing for a couple of rental properties at Waterstone, one of Castle Rock's best.
Search Performance
Wisconsin Dells Real Estate
Castle Rock Lake
Tuesday, April 21, 2009
Friday, April 10, 2009
Just when you think its safe!
Its been a while since I have seen such a perfect senario to coin the phrase "buyers are liars, sellers are worse.", Seller is an institution, buyer is a greedy developer. 3rd party neighbor is the party that lost said property to the bank....
Ok so you see the set up for disaster. I have to be very carefull as I don't want to discuss the terms of an offer to purchase but I feel that this transaction is one of the most scary of all situations for realtors.
MORE LATER... Stay tuned!
Ok so you see the set up for disaster. I have to be very carefull as I don't want to discuss the terms of an offer to purchase but I feel that this transaction is one of the most scary of all situations for realtors.
MORE LATER... Stay tuned!
Monday, April 6, 2009
Tuesday, March 3, 2009
Castle Rock Lake
Well its almost spring time, yet the ice is still thick and people are definately getting spring fever. One of the things it seems people are doing is sort of pre-yard work. That says spring fever like nothing else. Hopefully with the economy the way it is there will be some activity real estate wise around the lake. This lake property thing is a little touchy because nobody wants to lose money in real estate, yet there will never be as much waterfront land as there is right now, its a reverse bell curve. I personally want to see as many people as possible buying real estate in that area and I really hope values can stay up but at this point that is a loosing proposition.
So what are people who need to sell to do? Price properly, and make your property the most attractive in the area and you WILL find a buyer...but when is anybody's guess.
http://www.madisonpreferred.com
http://propertyinwisconsin.com
http://realestatepreferred.com
So what are people who need to sell to do? Price properly, and make your property the most attractive in the area and you WILL find a buyer...but when is anybody's guess.
http://www.madisonpreferred.com
http://propertyinwisconsin.com
http://realestatepreferred.com
Monday, February 9, 2009
Castle Rock Lake Experience
Be part of the newest summer fun site on the web. www.castlerocklakehome.com is the place for you to get all your Wisconsin get away information.
CASTLE ROCK LAKE- This week we are waiting for spring!! Snow conditions are great as long as you are on the water, otherwise conditions are variable, with some rough patches.
Castle Rock Lake is one of the best all around lakes in our entire state, its got everything your wild side needs to relax and enjoy life. In fact just the other day I went to Castle Rock Lake with my cousin, who was racing a couple of sleds in the big radar run at the dirty turtle bar. There were more ice fisherman than I expected, perfect ice conditions really brings them in I guess. The temp was around 12* F with 30-40 mph winds and flakes of snow blowing sideways across the vast open of the lake. Courtney and I got to basically stand around and help TJ whenever possible. As cold as it was outside, the bar was toasty warm with a huge fire raging in the stone fireplace. They have a great menu at the dirty turtle with tons of options from 3 different types of wings to several burgers, chicken, whatever you want basically. A couple of brandy 7’s and we are back outside, the racing was very good, although somewhat slow. I heard this crackle and to my amazement it was a fully tweaked Yamaha turbo which was fully lowered with basically every speed option you could think of. When that thing took off it backfired when the nitrous kicked in, and was gone. 158mph is pretty fast, even in a car its wicked, but this thing was furious. I wondered if I would even enjoy something that wicked…and yes, I probably would be scared but what the hell, you only live once. TJ did quite well, with 4 classes, he got two 1st place, one 2nd, and never even ran in the last class. I think the top speed of his day was something like 80.6 in 1000’. The award section of the contest is always a little better when your bringing home the dope, but this one was a festival, everyone was having a great time. We ended up kicking our selves out after a while because we did have to drive back to Wisconsin Dells, the day was a huge success.
So the rest of the winter we will be praying for snow and hoping to get back up there, for any type of snowmobile event.The people that snowmobile are not unlike boaters in that its like a huge family. Even the grumpy people are friendly when there sleds are nearby. TJ made a point to mention that most snowmobilers are this way and cited a few occasions where fellow snow folk had saved him from some predicament or another. So I figure I will pay it forward by mentioning them here.
We are now setting up the Castle Rock Lake Experience web portal in hope that it will force us to be in the best place possible, near the lake. Summer will be here soon and our goal is to have people moderating the forum and blog so that content is in its purest form, so that being said if you have a desire to moderate a forum please contact us and we will get you squared away.
The biggest thing we need is people who have a genuine interest in boating, fishing, and just having a good time on the lake.
http://www.madisonpreferred.com
http://propertyinwisconsin.com
http://realestatepreferred.com
CASTLE ROCK LAKE- This week we are waiting for spring!! Snow conditions are great as long as you are on the water, otherwise conditions are variable, with some rough patches.
Castle Rock Lake is one of the best all around lakes in our entire state, its got everything your wild side needs to relax and enjoy life. In fact just the other day I went to Castle Rock Lake with my cousin, who was racing a couple of sleds in the big radar run at the dirty turtle bar. There were more ice fisherman than I expected, perfect ice conditions really brings them in I guess. The temp was around 12* F with 30-40 mph winds and flakes of snow blowing sideways across the vast open of the lake. Courtney and I got to basically stand around and help TJ whenever possible. As cold as it was outside, the bar was toasty warm with a huge fire raging in the stone fireplace. They have a great menu at the dirty turtle with tons of options from 3 different types of wings to several burgers, chicken, whatever you want basically. A couple of brandy 7’s and we are back outside, the racing was very good, although somewhat slow. I heard this crackle and to my amazement it was a fully tweaked Yamaha turbo which was fully lowered with basically every speed option you could think of. When that thing took off it backfired when the nitrous kicked in, and was gone. 158mph is pretty fast, even in a car its wicked, but this thing was furious. I wondered if I would even enjoy something that wicked…and yes, I probably would be scared but what the hell, you only live once. TJ did quite well, with 4 classes, he got two 1st place, one 2nd, and never even ran in the last class. I think the top speed of his day was something like 80.6 in 1000’. The award section of the contest is always a little better when your bringing home the dope, but this one was a festival, everyone was having a great time. We ended up kicking our selves out after a while because we did have to drive back to Wisconsin Dells, the day was a huge success.
So the rest of the winter we will be praying for snow and hoping to get back up there, for any type of snowmobile event.The people that snowmobile are not unlike boaters in that its like a huge family. Even the grumpy people are friendly when there sleds are nearby. TJ made a point to mention that most snowmobilers are this way and cited a few occasions where fellow snow folk had saved him from some predicament or another. So I figure I will pay it forward by mentioning them here.
We are now setting up the Castle Rock Lake Experience web portal in hope that it will force us to be in the best place possible, near the lake. Summer will be here soon and our goal is to have people moderating the forum and blog so that content is in its purest form, so that being said if you have a desire to moderate a forum please contact us and we will get you squared away.
The biggest thing we need is people who have a genuine interest in boating, fishing, and just having a good time on the lake.
http://www.madisonpreferred.com
http://propertyinwisconsin.com
http://realestatepreferred.com
Thursday, January 22, 2009
The new real estate economy
The new real estate environment is quite unlike anything anyone has seen before. Granted election years are always a bit on the slow side but this year we had some extraordinary circumstances what exacerbated the situation and with a slowing economy, massive foreclosures, and banks not lending money, the market pretty much locked up completely. In fact the only people out looking at real estate right now are people who want to invest on the foreclosures that are selling for up to 50% under their true value.
One thing that we as agents have going for us at this point is extremely low mortgage interest rates approaching 4%, which means many people who are still in their jobs and still have equity in their homes or are first time buyers will have the best opportunity to own a home in decades, or ever for that matter.
What will people do? Will people be able to sell homes to move into bigger ones? Will people just refinance into low rates and try to recoup some of the equity they once had? Mortgage modification will also be available via the T.A.R.P. program as well.
I believe that people with jobs will begin to spend again, those without will have to wait until the economy comes back which means that we will have a mediocre year at best in Wisconsin real estate with solid communities like Watertown, Oconomowoc, Jefferson, and Waterloo will fair better than those areas without industry and commercial entities which provide solid, stable, and secure incomes for potential buyers of homes.
I feel like the long term holds great opportunities for things like solar energy, geothermal heating and cooling, and wind energy, as well as clean coal and nuclear energy.
http://www.madisonpreferred.com
http://propertyinwisconsin.com
http://realestatepreferred.com
One thing that we as agents have going for us at this point is extremely low mortgage interest rates approaching 4%, which means many people who are still in their jobs and still have equity in their homes or are first time buyers will have the best opportunity to own a home in decades, or ever for that matter.
What will people do? Will people be able to sell homes to move into bigger ones? Will people just refinance into low rates and try to recoup some of the equity they once had? Mortgage modification will also be available via the T.A.R.P. program as well.
I believe that people with jobs will begin to spend again, those without will have to wait until the economy comes back which means that we will have a mediocre year at best in Wisconsin real estate with solid communities like Watertown, Oconomowoc, Jefferson, and Waterloo will fair better than those areas without industry and commercial entities which provide solid, stable, and secure incomes for potential buyers of homes.
I feel like the long term holds great opportunities for things like solar energy, geothermal heating and cooling, and wind energy, as well as clean coal and nuclear energy.
http://www.madisonpreferred.com
http://propertyinwisconsin.com
http://realestatepreferred.com
Monday, October 20, 2008
Maybe its Land
Wisconsin Land
It could be what is hot for the next couple of years. I mean if the economy doesn't go back to the way it was, which I think we all know it won't.
Just think prices on vacant land have not dropped that much, why? Because at the end of the day no matter how bad it gets you will always have something real in land. Something that only the government can take away from you. You can hold it, or sell it at will. Its value is exaserbated when you grow crops or develop the property with a home, or commercial use.
In Wisconsin Dells its pretty rural so finding land for hunting is fairly easy, and most of it tends to be at least partially wooded. Ranging from 2000 up to about 8000 per acre land can be very safe to buy and an investment in your lifestyle versus your bank account.
Looking to buy some land? Here are some websites and links to get you going!!
Rudy McCormick - RE/MAX Preferred
http://www.madisonpreferred.com
http://propertyinwisconsin.com
http://realestatepreferred.com
Subscribe to:
Posts (Atom)