As of today interest rates on a 30 year mortgage with no points is hovering around 3.875%. You may wonder if that is a good rate. Revisiting the past can shed some light on this question. If we look back 10 years it was January 2002. We had just lived through the horrific events of [...]
Posts Tagged ‘glenn hanon’
A Word of Caution
Difficult times cause some people to take drastic action without thinking. If you are in the midst of a very tough real estate scenario, I want to encourage you to think before you act. I am referring to a sale of a home where the seller, due to some very difficult circumstances, found himself in [...]
The Psychology of the Home Sale
After 23 years of assisting families with the purchase or sale of a home I have noticed trends in behavior, currents as you will, of thought. A homeowner’s biggest concern is what they will eventually sell the house for. I will highlight three phases of the sale process that most sellers go through. The first [...]
The Market is Always Better in Spring!
Sometimes the more you say something the more you believe it to be true. If numbers don’t lie then let’s take a look at what actually happens year after year. From the graph you can see that the inventory levels swell significantly each spring, however the level of sales does not increase as much as [...]
Homes are still good investments!
There is no doubt that the burst housing bubble continues to have a dramatic effect on the real estate market. Wisconsin and more closely, Waukesha County feel the devastating consequences of the foreclosure market. Waukesha County Sheriff’s department has processes about 50 sheriff sales per month. The pace is the same as in 2010. However [...]
Things to keep in mind with REO and Short Sales
If you are interested in REO or Short Sale properties there are a few things to keep in mind. Short Sale homes can take longer to process than REO’s. It really depends on the lender and the process they use to move these homes through their system. Many of the larger banking institutions are now [...]
The Last Leg
The southern half of the Oconomowoc Bike trail is open to all you who love to ride your bike without the fear of cars whizzing by. The Oconomowoc portion of the Lake Country Trail starts at the site of the Imagination Station at the Roosevelt Field in Oconomowoc. In the past the trail ended at [...]
Pier Registration Deadline — April 1, 2011
According to the DNR there are 10,000 piers in the State of Wisconsin and only 300 have registered so far! The task is daunting, but we can do it. Please read the following post from the Wisconsin Realtors® Association. Glenn Hanon
Headlines In Real Estate
There is a lot happening in and out of Real Estate. Here are some of the headlines making news in and around our industry this week. Government Kills Loan Officers GOP: Fannie Mae on the Rocks Obama wants to raise top tax rate to almost 40% For Sale: McMansion 50% Off What to do with [...]