This is a Good Time to Buy Lake Geneva Real Estate!
Here is some good news from the Mortgage Bankers Association.
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Is This a Good Time to Buy Lake Geneva Real Estate?
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Fishing on Lake Geneva in January
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Amazing Sky Overlooking the Abbey Harbor in Fontana Wisconsin This Morning
Amazing Sky Overlooking the Abbey Harbor in Fontana Wisconsin
I was amazed when I drove by the Abbey Harbor this morning to see the way the sky looked. It was really drawing attention to the Abbey. I wasn’t sure if I’d be able to fully capture it with my camera, I didn’t even use Photoshop to get this effect. There are 2 bedroom, 2 bath condominium units located in the Abbey Villas, with the 3 buildings located right on the Harbor and conveniently next to the Abbey Resort. Check out the current inventory at the Abbey Villas here. They are just one of the ideal condominium options to choose from in the Lake Geneva Real Estate market, especially if you have a boat. The Abbey Dockominiums can be either leased or purchased. Here is the current inventory of slips available in the Harbor.
Call Bob Webster of Keefe Real estate at 262-348-3233 or Email Bob@LakeGenevaProperty.com or go to www.LakeGenevaProperty.com for a convenient way to search for condominiums in the Geneva Lakes Area.
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A Beautiful Day to be Showing Lake Front Real Estate in Lake Geneva Wisconsin
Call Bob Webster of Keefe Real Estate in Lake Geneva 262-348-3233 for all your real estate needs in the Geneva Lakes Area.
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Want Proof That It’s a Great Time to Consider Purchasing Lake Geneva Real Estate?
Low Interest Rates are one of the best reasons that it’s a great time to consider purchasing Lake Geneva Real Estate.
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Where is the Lake Geneva Real Estate Market Headed in 2012?
Where is the Lake Geneva Real Estate Market Headed in 2012?
Well it might be a little too early to tell, today being January 2nd, but here’s my answer. Today was an interesting day in that apparently a number of businesses were closed and many people had the day off. My day started off with a showing of a Lake Geneva lakefront this morning and I ended up writing an offer on it. During the showing I had phone calls from two different customers asking about the possibility of setting up appointments to see property and I ended up showing one of them a cute home I have listed in the Edgewater Terrace subdivision with lake access to Lake Geneva later in the afternoon. I also had an email message from a past client interested in discussing moving up to a larger home in the Country Club Estates subdivision where I had sold them a home a few years ago. I ended up presenting the offer I had written this evening and got around to finally eating dinner about 9:30. Is this typical for what we’ll see as we head into 2012? I don’t think anyone can accurately answer the question but as for me, I’m pretty sure there’s going to be a fair amount of business done in the Lake Geneva real estate market this year and three requests by potential customers to see property in one day is certainly a nice way to start off the year.
If you have any questions about the Lake Geneva real estate market, please call Bob Webster of Keefe Real Estate at 262-348-3233 or send an Email to Bob@LakeGenevaProperty.com. You can also search for property in the Geneva Lakes Area at Bob’s website www.LakeGenevaproperty.com.
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An Interesting Lake Geneva Real Estate Market Statistic
Lake Geneva Real Estate Statistic on Listing Inventory
Most active Lake Geneva real estate agents want to keep up on their local market and have a ritual they try to go through, usually on a daily basis, which is checking on the Multiple Listing Service Hot Sheet, for details on the most recent new listings that have come on the market. The Hot Sheet also has details on listings with any price adjustments, pending sales, closings and listings which have expired and come off the market.
On a normal day, it’s not unusual for anywhere from 5 to 10 listings to expire off the market in Walworth County. Sometimes the properties are only off for a day or two, sometimes the property is completely taken off the market and sometimes the listing is switched over to a different company. In our market, it is not unusual for some Sellers to take their property “off the market” for a rest over the Holidays. In some cases that’s the time period from Thanksgiving to Christmas and in others it’s at the end of the year, with the property coming back on the market at some point in the beginning of the New Year.
I was surprised this morning to see 353 listings had expired yesterday, Saturday December 31st. Now in fairness, I know that many of those will be back on the market within the next few days simply because the paperwork did not get returned in time. But it will be interesting to see just how many do remain off the market. One of the keys to the real estate market improving is to have the amount of inventory reduced, and the best way for that to happen is obviously with property selling. But a healthy balance between the number of properties available for sale and the number of potential Buyers in the market is critical and the closer we can get to that balance, the better it is for all Sellers.
So I’ll continue to watch this statistic and keep you informed as we go into the New Year. If you have any specific questions about the Lake Geneva real estate market, please don’t hesitate to call Bob Webster of Keefe Real Estate at 262-348-3233 or send an Email to Bob@LakeGenevaProperty.com.
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Merry Christmas
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Merry Christmas from Bob Webster of Keefe Real Estate in Lake Geneva, Wisconsin
Contact Bob Webster
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Lake Geneva Real Estate Market Update December 2011
Contact Bob Webster
call (262) 348-3233 or (800) 364-7579 24 Hour Voice Mail
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call (262) 348-3233 or (800) 364-7579 24 Hour Voice Mail
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