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Should I buy a vacation rental?

Since we purchased our vacation rental lodge in Northern Wisconsin last year, I’ve been bombarded with questions from people interested in purchasing a vacation home to use for themselves and to rent out part time.  So I thought it was time to write a blog post about it. There’s no doubt there has been a Read More

Home Inventory Shortage

Starting 2021, the Wisconsin Realtors Association announced available home inventory was down almost 40%, especially in the under $400,000 price range. Remember supply and demand lesson in high school economics? When there is a shortage of supply it forces a lot of buyer competition and drives prices up. That’s what is happening in the housing Read More

2020 Year End Housing Statistics

  2020 was an interesting year for real estate with the Covid-19 pandemic. It started out with a slower than normal March through May due to uncertainty about the future and shutdowns. This resulted in a reduction of the number of homes closed from from April to June. However, Wisconsin real estate finished the year Read More

Goals, Systems, Routines – Happy New Year!

I’ve always been a driven individual who wants to be constantly improving my life. Setting goals and working towards them is huge in terms of self-improvement. It seems that recently a lot of the self-improvement gurus, bloggers, podcasters, etc. are saying that goals don’t work and “systems” are what you should be focusing on. Ultimately, Read More

Should I wait to buy a home because prices are high?

I get this question all the time from first time home buyers. Or I hear, “I’m just going to wait until the market turns down, then I’ll buy”. Nobody wants to buy at the peak of a market and everybody wants a good deal, but is there really logic to waiting? To answer this question, I Read More

What happens When Appraisals Come In Low?

What Happens When Appraisals Come In Low? In a seller’s market like we have right now, buyers are competing for homes and driving up sale prices. That’s great for a seller, until the appraisal. Occasionally in an inflating market, the recent comparable sale values are not there to support the contract price of a property. Read More

Market Update – 1st Half 2020 Wisconsin & Dane County Stats

There is no question the first half of 2020 has been strange. COVID-19 really threw a curve ball at the economy and many industries. Much of our state was shut down March thru May, which is normally our busy season (for buyer showings and listings) in real estate. Traditionally, the number of listings and active Read More

How is COVID-19 affecting real estate in Wisconsin?

As part of Governor Evers “Safer At Home” orders, real estate services including: lending, sales, appraisal, property management, and construction have been deemed essential. I’m not sure everything we do is essential during this time, but I fully agree that some of it is absolutely essentially to prevent foreclosures, homelessness, and economic disparity. While we Read More

New Development – Scenic Valley – Cross Plains

  Great Rock Realty is proud to be representing a new subdivision in Cross Plains, WI called Scenic Valley. This new development is located on the southwest edge of Cross Plains just off Hwy KP. It will feature spacious lots, country views, walking and bike paths, and public woodlands – all with village utilities! Buyers are welcome Read More

2019 Year End Housing Statistics

2019 was a strong year for Wisconsin real estate with median prices up statewide 7.3% and 6.3% in Dane County. You may hear national headlines about the real estate market softening, and that is certainly the case in some of the large coastal markets such as Seattle or San Francisco. Locally, things continue to look Read More

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