The title is a mouthful, I apologize. But there is a pur
pose to it.
It’s time for you to sell your home.
You find the perfect Realtor. Thank you for choosing me. 
Next, you fill out the pages and pages of paperwork. Spend the next few days cleaning and cleaning and cleaning and…..
But then it hits you, people who you’ve never met will be entering your home on a regular basis.
You understand that the risks are a lot lower when buyers are accompanied by an agent. Why? Because the last thing an agent wants is for something to go wrong when they are showing your home. Reputation, keeping real estate license… Stuff like that.
Ok, that feels good…
But can someone enter your home with the lockbox without a Realtor in tow? The short answer is no. For a longer, more interesting answer read what the Phoenix Real Estate Guy has to say about the issue. (Note: First Weber uses Supra Lock boxes)
Codes bad. You can’t keep track who used what code.
Keys bad. Easy to duplicate.
Supra good. Every time an agent logs in the Supra lock box records which agent just entered your home. And agents are not allowed to share key pads. Meaning each agent is fully responsible for their key pad.
I encourage you to insist that a Supra lock box will be used.
The ‘did you notice that I missed the May market report?’ All of a sudden it was the middle of June and I realized I hadn’t given you what you were craving… Statistics…
Alright, maybe you’re not all Math teachers like my mom and aunt, but many of you have said that the information is useful. And I’m good with that.
Just as you’d expect June was the best month of the year. The average list price in Wisconsin Rapids has pushed itself over the $120,000 mark. Maybe I”m cynical but I’m interested in seeing if it’s because Wisconsin Rapids Realtors are agreeing to higher listing prices because summer brings out more buyers. Supply and demand. Of course if these new buyers don’t buy the number of homes for sale will grow, which means home sellers will start to rapidly lower asking prices and they chase the market down into the fall.
Port Edwards continues to have an extremely sluggish real estate market. Port Edwards has averaged around 23 homes for sale every month and pretty predictably one home will sell per month. If you’re in a hurry to sell you’ll need to be creative plus have a home that shows very well because the average days a home is on the market before selling continues to be extremely high. You can look at it this way: If you take all 23 homes on the market in Port Edwards right now, on average they were originally listed in December of 2008. Eight months ago…
You can read previous market reports to see for yourself what our real estate market has been doing.
Sixty homes were added to our MLS this month. Including 46 homes in Wisconsin Rapids. That only means good things for prospective buyers. If you’re ready to start formally searching for homes, you know, moving from just online to getting in touch with an agent… Let me know and we can get you started.
Happy house hunting!
First time here? This is a monthly post designed to shed light on our real estate market. I publish this report because now is an excellent time to learn about the Wisconsin Rapids real estate market. By arming yourself with a little real estate education you’re setting yourself up for success when you decide to buy or sell your next home. Want to stay up to date? Click here and articles will be delivered directly to your inbox. As always, it’s free. Plus you can always unsubscribe at any time.
The data was gathered through the MLS, so the data is deemed reliable but not guaranteed.
Single Family Wisconsin Rapids Homes:
- Active Homes for Sale: 290 (including 46 new listings in June)
- Average List Price: $121,631
- Homes Sold in June 2009: 26
- Average Sale Price: $105,954
- Median Sale Price: $95,500
- Average Days on the Market: Active: 181 Sold: 171
- Average Sale Price/List Price: 96%
- Expired Listings: 11
Single Family Nekoosa Homes:
- Active Homes for Sale: 126 (including 13 new listings in June)
- Average List Price: $188,162
- Homes Sold in June 2009: 8
- Average Sale Price: $120,912
- Median Sale Price: $77,750
- Average Days on the Market: Active: 198 Sold: 252
- Average Sale Price/List Price: 93%
- Expired Listings: 9
Single Family Port Edwards Homes:
- Active Homes for Sale: 23 (including 1 new listing in June)
- Average List Price: $94,592
- Homes Sold in June 2009: 1
- Average Sale Price: $59,900
- Median Sale Price: $59,900
- Average Days on the Market: Active: Active: 233 Sold: 142
- Average Sale Price/List Price: 100%
- Expired Listings: 1
What next?
As always, my goal is provide not only valuable but also useful information that you can put into action. If you like what you’re reading and want a little help remembering to come back, why not click here and have all upcoming posts sent directly to your email inbox? You can read a description on how this works here if your unfamiliar with the process. I promise it’s not scary, nor will your email be sold to any annoying telemarketer.
For More Info:
- Thinking about selling? Quickly see what your home’s worth in our market.
- Have you thought about getting in contact? Why Not? Click here to get in touch with Adam. I’m a peach… Really…
Photo Credit
Are you hungry? Or I guess better yet, will you be hungry today between 11:30 and 1:30? I thought so. I have an idea on how you can spend your lunch and support a great cause.
You’re invited to a BRAT FRY benefiting United Way of Inner Wisconsin! Bank-a-Count in Rudolph is kicking off an early United Way campaign; brats are being donated by Pete’s Market and soda/water/ice will be donated by One Stop Gas!
WHEN: Today, Thursday, July 9, 2009, 11:30am – 1:30pm
WHERE: Bank-a-Count, 1666 Main St., Rudolph (across from Pete’s Market)
So come on out and enjoy some delicious food and help United Way of Inner Wisconsin! Thank you Bank-a-Count, Pete’s Market and One Stop Gas for supporting United Way!
On a personal note, back in the day, when I was barely an adult, I believe I bowled a year or two with Pete of Pete’s Market. Excellent guy. Very down to earth plus they do an excellent job butchering. My brother and I have purchased an eighth of a cow from them many times in the past.
I learned of this worthy cause through my computer programming position at Lincoln High School. Please read and support if you can.
The All Children Together (ACT) Playground committee is looking for your help. They are a group of school district staff, parents and interested community members working to build an all-inclusive playground near Grove School.
Although the playground will be near Grove School, they hope that all children in the area will come and enjoy. It will be designed so that both able-bodied children and children with physical handicaps can play.
Are you interested? You can contribute in the following ways:
- Wrist bands ($2) are for sale at the Rocky Rococo’s tent at Lunch by the River and other community events.
- T-shirts are available for $10 with the ACT playground logo. T-shirts are available in either Red or White.
- Join the meetings. They meet at 5:30 the first Tuesday of every month in the Grove School library. Everyone is welcome to attend.
If you have any questions or suggestions please call Kathy Kester at 423-3553.
They are extremely excited about creating a playground designed around the needs of every child in Wisconsin Rapids.
I’m personally intrigued by this forward-thinking idea and am looking forward to what this looks like when completed.
July, the half way point of 2009. And 2009 has been like no other year we’ve had in quite some time.
As a newish First Weber Realtor in Wisconsin Rapids its been an interesting ride. One major issue has been finding business as the housing economy has suffered greatly. But as a Realtor I need people to buy and sell homes so I can make a living. So as housing has suffered so have I.
And one obvious tactic used by real estate agents far and wide to boost business is to put a positive spin on the housing crisis. No doubt you’ve heard this before: “There’s never been a better time to buy a home.” But that was always confusing to me. ‘Never a better time?’ Really?
I never felt comfortable approaching it this way. Instead I chose to focus on educating Wisconsin Rapids home buyers and sellers with the goal of helping them (you) make an informed decision about if or when they should enter the real estate market.
Anyway, back to the title of this post. Predictions. Everyone makes them. On TV or in magazines it makes for good ratings. The sky is falling. The world will end. You get the point. It makes us tune in or to impulsively buy the newest magazine edition as we wait in line at Copps…
I’d like you to check out this post and you can see real examples of mortgage and housing predictions that were made by ‘experts.’
If you’d like to continue your housing education why not sign up to get local real estate news sent directly to your email?
Are you thinking of buying or selling your home? Get in touch and we can discuss if now is the best time for you to do so.
PHONE: (715) 572-8372
My name is Adam Holberg and I’m a Realtor with First Weber of Wisconsin Rapids. This website is designed to inform and help bring conversation to a topic I love, real estate.