As you know the interest you pay on your mortgage is tax-deductable.
Which means that if you’re able to pay your January 2010 mortgage payment before the end of December you’ll be able to increase your 2009 tax deductions. And that’s always a good thing.
Paula Henry who sells Indianapolis real estate wrote a timely post reminding everyone of this.
She also states that:
This time of year, it’s easier for some to postpone their mortgage payment until after the holidays. By paying in 2009, the mortgage interest paid can be applied against 2009’s itemized tax deductions even though the payment isn’t technically due until 2010.
In the end you’re paying it anyway… I know the holidays make it difficult. Plus, property taxes are due. In my case, I’m not escrowing enough per month; so I have an extra $400 I need to come up with in the next couple of weeks…
But, if you’re able, by pre-paying you’re guaranteeing that the tax-man will leave a little more in your stocking come April 15, 2010.
Photo Credit
The First Weber office in Wisconsin Rapids plus the rest of the offices throughout the state contribute heavily to the United Way each and every year.
This year First Weber raised $32,731!
Our donations allowed us to receive a few awards:
- Red Feather: Given to the largest increase in employee contributions. Third place for companies with 100+ employees.
- Community Chest: Given to the largest increase in employee and corporate giving. Tenth place for companies with 100+ employees.
- Best Practices: Given to organizations that execute all of the 10 Best Practice Strategies with an overall increase in donations.
- Award of Distinction: Given to campaigns that increased 25% from the previous year.
The Wisconsin Rapids First Weber office is also heavily involved in our local Habitat for Humanity projects.
As members of our community each and every First Weber Realtor takes great pride in giving back.
On the surface a Realtor helps people buy and sell homes. But at its core, we’re helping individuals reach and achieve their dreams (in regards to the home they live in). And that ‘helping’ leads most of us to other great causes as well.
Thank you to everyone who gives either money, time or expertise to all of the great causes out there.
The ‘its been to long’ edition of our real estate market report. Thanks for waiting.
You can read previous market reports to see for yourself what our real estate market has been doing.
Thirty-five homes were added to our MLS this month. Including 24 homes in Wisconsin Rapids. New listings are starting to slow down because winter is just around the corner. But, now is still a good time to put your home up for sale. Why? Anyone who’s out looking for homes when its 10 degrees outside is definitely serious…
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. Plus I’ve recently changed my contact page, so you know, why don’t you check it out? 
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. Every month more and more people are signing up. It makes me feel like you like my writing…
The data was gathered through the MLS, so the data is deemed reliable but not guaranteed. You know the drill…
Single Family Wisconsin Rapids Homes:
- Active Homes for Sale: 220 ( including 24 new listings in November)
- Average List Price: $127,324
- Homes Sold in November 2009: 23
- Average Sale Price: $103,217
- Median Sale Price: $79,900
- Average Days on the Market: Active: 204 Sold: 158
- Average Sale Price/List Price: 95%
- Expired Listings: 12
Single Family Nekoosa Homes:
- Active Homes for Sale: 106 (including 10 new listings in November)
- Average List Price: $195,662
- Homes Sold in November 2009: 4
- Average Sale Price: $96,228
- Median Sale Price: $88,706
- Average Days on the Market: Active: 240 Sold: 162
- Average Sale Price/List Price: 91%
- Expired Listings: 13
Single Family Port Edwards Homes:
- Active Homes for Sale: 17 (0 new listing in November)
- Average List Price: $116,348
- Homes Sold in November 2009: 0
- Average Sale Price: $–
- Median Sale Price: $–
- Average Days on the Market: Active: 291 Sold: –
- Average Sale Price/List Price: –
- Expired Listings: 1
Trends I’m Seeing
- Number of homes for sale in our area is down more than 70 from the summer.
- I don’t have to look to know that no homes in the Town of Rome sold during November. (That’s why the average sold price for Nekoosa is under $100,000 compared to previous months)
- The number of days a home is on the market is directly related to its chances of selling. Compare the number of days for active homes against homes that have sold… What do the numbers tell you? (Look for a post in the near future about this topic)
- Port Edwards continues to be a hard sell. If you live in Port Edwards and are thinking about selling, I have an aggressive 191 point marketing system that will help counteract the struggles other homeowners are experiencing.
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 given to anyone.
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…
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.