The latest Lake Geneva lake front home sale just closed on November 14th for $1,900,000. It was a home located in the Elgin Club on the North Shore of Lake Geneva. That brings the total number of sales so far this year to 17 for lake front and park homes on Lake Geneva, with a total volume of over $43,000,000, according to Multiple Listing Service statistics. To view details..(read more)
With the election now behind us, hopefully any uncertainty on the part of the Buying public regarding the outcome will slowly begin to fade away. Regardless of how you may feel about the results, I think just having it as one less “unknown” is a positive situation. The whole home buying process is very emotional, as well as many of the reasons people choose to buy or not..(read more)
We've been enjoying some great post Labor Day weather here in the Lake Geneva Area and that has kept many Buyers actively looking, at a time when our activity normally begins to wind down about now as we get closer to the end of the year. In general, the market is nowhere near as bad as the media would lead you to believe, but it's also not as good as we'd like it to be. The reality..(read more)
Bob Webster of Keefe Real Estate in Lake Geneva, Wisconsin commented this week on the situation in the Village of Fontana regarding the reassessment process currently underway. Being a resident of Fontana and having gone through the open book session and discussions with the assessor, Webster was interviewed by the local Lake Geneva Regional News newspaper. Many residents received..(read more)
I saw this video from CNBC on a fresh way to view how things really are today in the real estate market. I hope you find it interesting.
http://www.cnbc.com/id/15840232?video=780461999(comment)
Our market in Lake Geneva is doing much better than many markets in the Country, and much better than most of the so called experts in the media would lead the public to believe. We have two distinct markets in our area, the primary year round home market made up of people who live and work locally in the area, and the second home market where people primarily from Chicago and the northern Illinois..(read more)
"Pending Home Sales Index Jumps"
Investor's Business Daily (02/02/07) P. A2
Mild temperatures helped push pending home sales to their highest level in nearly three years, to 4.9 percent last month--which suggests that actual home sales in January or February are likely to be higher. The National Association of REALTORS' index of existing-home sales contracts that have..(read more)
"Housing Sales Lost Pace But Not Value"
Milwaukee Journal Sentinel (01/11/07) Derus, Michele
Metro Multiple Listing Service (MLS) data shows that the Milwaukee metropolitan area's housing resale market shrunk last year, with the four-county region producing 20,071 REALTOR@-brokered sales. That was the lowest level of activity in at least the last three years and 7.3..(read more)
