2016 Home Sales Data On Windigo Lake

2016 Home Sales Data On Windigo Lake

We are pleased to provide you with the 2016 results for residential sales on Windigo Lake. This information includes data we secured from properties listed on the Northwest Wisconsin Multiple Listing Service (MLS); it does not take into account sales that may have occurred directly between parties.

Our analysis indicates that there were 5 unit sales in 2016 on Windigo Lake compared to 3 sales in 2015. The average days on market were 83 versus 508 in 2015 while the average sales price in 2016 was $426,700 as compared to $280,000 in 2015. In a review of sales price verses list price, the average sales price ended up at approximately 94.7% of list price. Compared to the Sawyer County real estate estimated fair market value (EFMV) the average sales price for the subject properties finished approximately 4% above the EFMV.

We have also compiled the same sales information for other area lakes. Should you wish to secure additional information on any sales or other real estate information, please feel free to contact our office and a member of our dedicated team of real estate experts will gladly help you. If you are interested in having us complete a comparative market analysis (CMA) for your property, just call our office and we will do so at no cost or obligation.

What Home Buyers Want Most This Spring

What Home Buyers Want Most This Spring

Home buyers, through the years, tend to value the same things. It makes sense. Though styles may vary and specific preferences may change, at the end of the day, we all want the same things out of our homes. 

Generally speaking, it all comes down to storage, space, and a sense of security. This year is no different. For example, a newly released survey of hopeful spring home buyers found that privacy was the top goal cited when asked what they valued most. Privacy even beat out family needs, which came in a close second. As for storage and space, garages and backyards were also near the top of the priorities list for most buyers. Demographically, younger buyers were more likely to want a large yard, while garages were particularly popular with buyers over the age of 55. 

Either way, it's clear that this year's house hunters have common needs. There is one need, however, that buyers share more than any other. When asked which room was most important to them, 80 percent of respondents named the kitchen. For obvious reasons, the kitchen is consistently ranked high atop buyers' wish lists. After all, no matter how young or old a buyer is, they need to eat – which is why a good kitchen is always a draw for home shoppers.

2016 Home Sales Data On Whitefish Lake

2016 Home Sales Data On Whitefish Lake

We are pleased to provide you with the 2016 results for residential sales on Whitefish Lake. This information includes data we secured from properties listed on the Northwest Wisconsin Multiple Listing Service (MLS); it does not take into account sales that may have occurred directly between parties.

Our analysis indicates that there were 12 unit sales in 2016 on Whitefish Lake compared to 7 sales in 2015. The average days on market were 267 versus 182 in 2015 while the average sales price in 2016 was $431,200 as compared to $417,786 in 2015. In a review of sales price verses list price, the average sales price ended up at approximately 95% of list price. Compared to the Sawyer County real estate estimated fair market value (EFMV) the average sales price for the subject properties finished approximately 7% above the EFMV.

We have also compiled the same sales information for other area lakes. Should you wish to secure additional information on any sales or other real estate information, please feel free tocontact our office and a member of our dedicated team of real estate experts will gladly help you. If you are interested in having us complete a comparative market analysis (CMA) for your property, just call our office and we will do so at no cost or obligation.

Respectfully,

Gary A. Nathan
Broker

2016 Home Sales Data On Stone & Little Stone Lakes

2016 Home Sales Data On Stone & Little Stone Lakes

We are pleased to provide you with the 2016 results for residential sales on Stone and Little Stone lakes. This information includes data we secured from properties listed on the Northwest Wisconsin Multiple Listing Service (MLS); it does not take into account sales that may have occurred directly between parties.

The report provides helpful information with respect to the list and sales price, the size of lot, front feet, bedrooms, bathrooms, square footage of the home, year built, days on market (DOM), etc.

Our analysis indicates that there were 2 unit sales in 2016 on the two lakes compared to 2 sales in 2015. The average days on market were 432 versus 349 in 2015 while the average sales price in 2016 was $265,000 as compared to $179,950 in 2015. In a review of sales price verses list price, the average sales price ended up at approximately 94% of list price. Compared to the Sawyer County real estate estimated fair market value (EFMV) the average sales price for the subject properties finished approximately 22% above the EFMV.

We have also compiled the same sales information for other area lakes. Should you wish to secure additional information on any sales or other real estate information, please feel free to contact our office and a member of our dedicated team of real estate experts will gladly help you. If you are interested in having us complete a comparative market analysis (CMA) for your property, just call our office and we will do so at no cost or obligation.

Respectfully,

Gary A. Nathan
Broker

Hopeful Outlook Forecasts A Spring Bump

Hopeful Outlook Forecasts A Spring Bump

The real estate market is constantly evolving. What is true one day may not be the next. For example, this past winter many forecasts for the upcoming spring season predicted buyers might be scared off by rising interest rates and a lack of homes for sale. However, now that spring has arrived, mortgage rates have come down a bit and the housing market has been among the strongest sectors of the economy. 

For example, Fannie Mae's Economic & Strategic Research Group's latest housing forecast notes both a stronger-than-usual February and the prospects for a good spring. “February fared better than other hard economic indicators partly due to the warm winter weather, and the ESR group expects that a seasonal uptick in listings going into the spring selling season will help alleviate extremely tight inventory,” the group's latest release reads.

In other words, despite higher rates and low inventory, the housing market performed well in February and trends going forward indicate conditions may be even more favorable now. As more homeowners put their homes up for sale, buyers will find improving conditions for a spring home search. 

2016 Home Sales Data on Spider Lake

2016 Home Sales Data on Spider Lake

We are pleased to provide you with the 2016 results for residential sales on the Spider Lake

chain of lakes. This information includes data we secured from properties listed on the Northwest Wisconsin Multiple Listing Service (MLS); it does not take into account sales that may have occurred directly between parties.

The report provides helpful information with respect to the list and sales price, the size of lot, front feet, bedrooms, bathrooms, square footage of the home, year built, days on market (DOM), etc.

Our analysis indicates that there were 6 unit sales in 2016 on the Spider Lake chain compared to 11 sales in 2015. The average days on market were 89 versus 192 in 2015 while the average sales price in 2016 was $320,500 as compared to $230,000 in 2015. In a review of sales price verses list price, the average sales price ended up at approximately 93% of list price. Compared to the Sawyer County real estate estimated fair market value (EFMV) the average sales price for the subject properties finished approximately 27% above the EFMV.

We have also compiled the same sales information for other area lakes. Should you wish to secure additional information on any sales or other real estate information, please feel free to contact our office and a member of our dedicated team of real estate experts will gladly help you. If you are interested in having us complete a comparative market analysis (CMA) for your property, just call our office and we will do so at no cost or obligation.

Respectfully,

Gary A. Nathan

Broker

2016 Home Sales Data On Sand Lake

2016 Home Sales Data On Sand Lake

We are pleased to provide you with the 2016 results for residential sales on the Sand Lake. This information includes data we secured from properties listed on the Northwest Wisconsin Multiple Listing Service (MLS); it does not take into account sales that may have occurred directly between parties. 

The report provides helpful information with respect to the list and sales price, the size of lot, front feet, bedrooms, bathrooms, square footage of the home, year built, days on market (DOM), etc.

Our analysis indicates that there were 5 unit sales in 2016 on Sand Lake compared to 5 sales in 2015. The average days on market were 141 versus 197 in 2015 while the average sales price in 2016 was $215,800 as compared to $351,400 in 2015. In a review of sales price verses list price, the average sales price ended up at approximately 93% of list price. Compared to the Sawyer County real estate estimated fair market value (EFMV) the average sales price for the subject properties finished approximately 6.5% above the EFMV.

We have also compiled the same sales information for other area lakes. Should you wish to secure additional information on any sales or other real estate information, please feel free to contact our office and a member of our dedicated team of real estate experts will gladly help you. If you are interested in having us complete a comparative market analysis (CMA) for your property, just call our office and we will do so at no cost or obligation. 

Respectfully,

Gary A. Nathan

Broker

April 2017 Events in Hayward

April 2017 Events in Hayward

Serendipity presents The Wizard of Oz

See the Wizard of Oz at The Park Center. For tickets and more info, click here.

George's Goats for Grammas Run/Walk

Help support Ugandans in need by participating in this run/walk in Cable. 100% of the proceeds go to the Ugandan people in need. For more info click here.

Couderay Waters Film Festival

The Couderay Water's film festival brings award-winning outdoor adventure films to Hayward, WI. The Film selections will entertain, educate, and inspire you to explore your natural environment. For more info, click here.

2016 Home Sales Data On Round & Little Round Lakes

2016 Home Sales Data On Round & Little Round Lakes

We are pleased to provide you with the 2016 results for residential sales on Round and Little Round lakes. This information includes data we secured from properties listed on the Northwest Wisconsin Multiple Listing Service (MLS); it does not take into account sales that may have occurred directly between parties.

The report provides helpful information with respect to the list and sales price, the size of lot, front feet, bedrooms, bathrooms, square footage of the home, year built, days on market (DOM), etc.

Our analysis indicates that there were 15 unit sales in 2016 on the lakes compared to 25 sales in 2015. The average days on market were 308 versus 379 in 2015 while the average sales price in 2016 was $611,087 as compared to $484,592 in 2015. In a review of sales price verses list price, the average sales price ended up at approximately 90.5% of list price. Compared to the Sawyer County real estate estimated fair market value (EFMV) the average sales price for the subject properties finished approximately 8% below the EFMV.

We have also compiled the same sales information for other area lakes. Should you wish to secure additional information on any sales or other real estate information, please feel free to contact our office and a member of our dedicated team of real estate experts will gladly help you. If you are interested in having us complete a comparative market analysis (CMA) for your property, just call our office and we will do so at no cost or obligation.

Respectfully, 

Gary A. Nathan
Broker

Where Millennial Home Buyers Are Buying Today

Where Millennial Home Buyers Are Buying Today

The fact that young Americans aren't buying homes at the rate they used to isn't news. Ever since the housing crash, Millennial homeownership rates have been lower than historically normal. In fact, homeownership rates among buyers between the ages of 18 and 34 dropped 8 percent between 2006 and 2015.

There are, of course, many factors that have made it difficult for younger Americans to buy in recent years – including student loan debt, a challenging job market, rising rent, and higher home prices. However, though overall numbers show fewer first-time buyers active in the market, in some cities, Millennial home buyers are actually quite well represented.

Take Elk Grove, CA, for example. In Elk Grove, the homeownership rate among people under the age of 35 was just over 60 percent in 2015, mostly due to its proximity to major metropolitan areas and a median home value around $350,000. Other cities that have an above average number of Millennial home buyers include Sioux Falls, SD, Bakersfield, CA, Peoria, IL, Cary, NC, and Chattanooga, TN. And, though they all have a different mix of factors, the most common thread among all the top cities for younger buyers are affordable homes for sale and a growing economy.