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How's the Real Estate Market in Lake Geneva, Wisconsin?

by Bob Webster
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Here is a quick update on the Lake Geneva Real Estate market for the 3rd week of January 2011. It's still a little early to have a good feel for where the market is headed here into the new year. December of 2010 was busier than we would normally expect for that time of year and many of us are hopeful that January will end up being the same. Interest rates continue to be extremely attractive and near record lows, even though there has been a slight increase in rates the last few weeks. There are a number of exceptional values in all segments of our market including primary homes, rural and country homes and condominiums, both with and without lake access. There are also some great values in the second home market with lake access and lakefront homes on the various lakes in the area, including Lake Geneva, Delavan Lake, Lauderdale Lake, Whitewater Lake, Lake Beulah, Twin Lakes and Powers Lake. 

Contact me today at Bob@LakeGenevaLakefront.com if you'd like to be receiving information on some of these great values as well as being notified as any new listings come on the market or Click Here for a complete overview of information on the various lakes in the area.

905 Bayview Drive Lake Geneva

There were two additional Lake Geneva lakefront sales reported to the Multiple Listing Service this week.  These are accepted offers at this point and the property's have not closed as of yet, but it is further encouraging news for the Lake Geneva lake front market and evidence that there continues to be a strong and high level of interest in affordable, well priced homes on the lake.  One of the homes is located on the North Shore of Lake Geneva in Lake Geneva in the Geneva Bay Estates subdivision and the other is located in Linn Township on the South Shore of the lake in the Trinke Estates subdivision.  Both were listed by agents in the Keefe Real Estate Lake Geneva office with asking prices under the $2,000,000 price range.

The inventory is up this year and at higher levels than we would normally expect to see, but many of those Sellers have adjusted their expectations with regard to price and there are definitely some exceptional values available right now. There is an easy way to search for property available on Lake Geneva, you can go to
Search for Lake Geneva Lake Front Real Estate for a report showing the homes for sale on Lake Geneva as well as many of the other lakes in the area. 

Contact Bob Webster of Keefe Real Estate with any questions or for further informtion on the lakefront market in the Greater Geneva Lakes Area including Lake Geneva, Delavan Lake, Lauderdale Lake, Whitewater Lake, Lake Beulah, Powers Lake and Twin Lakes.

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