Menomonee Falls, WI Real Estate News

By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Trying to decide between buying a new home and an existing?  There is more to consider than the price on the surface.  Both options may contain hidden costs. Following is a list of factors to consider. Price Options Potential resale value Taxes Equity Potential maintenance costs Cost of improvements to an existing home Size of the home or square footage.  Compare the same size homes. The age of the home plays a part in the actual value.  Would you pay more money for a newer home? Does the layout of the home fit your lifestyle? What type of improvements may have to be done to an existing home?
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
There are many factors in deciding what your next home should be. Selecting a home can involve many elements that you may not have considered. The following is a home selection checklist that I have put together to help you clarify your thoughts: In what area do you want your home to be? What type of home are you looking for? How much space do you need in your home? Why are you buying a new home? What are the schools like? How is the recreation in the area? What are the longer term trends in the area?
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
There are a lot of ways to conserve energy.  I've collected links to some of the common, including energy saving features offered on new homes.  There is even an option to add your favorite link to the site.  Quickly link to information on everything from composting, and recycling, to the latest in energy saving heating units for the home. http://www.ez1realty.net/1281143.html
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By Kristin Johnston - REALTOR®, Giving Back With Each Home Sold!
(RE/MAX Realty Center )
Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County.  The following MLS information is for the last 30 days from 10/16/10 to 11/16/10.  Kristin Johnston Gives You The Real Estate Activity For Menomonee Falls, WI For the Last 30 Days: Real Estate In Waukesha County, WI.   In the Menomonee Falls,Wisconsin Real Estate market 24 homes sold; 9 were list and sold by the same company, and 15 were sold by co-brokes. In the Menomonee Falls,Wisconsin Real Estate market there were 52 new listings. In the Menomonee Falls,Wisconsin Real Estate market there were 18 pending listings. In the Menomonee Falls,Wisconsin Real Estate market there were 2 withdrawn listings. In the Menomonee Falls,Wisconsin Real E...
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By April Hayden-Munson, Brookfield Wisconsin Real Estate
  Brought to you by April Hayden-Munson, I am a Realtor in Southeastern Wisconsin, welcome to my Blog.      Sunset in Menomonee Falls       For help with selling a home.   Call me for help before Foreclosure.   For help with buying a home.   Your neighborhood expert is here to help.   E-mail me.             You can find great local Milwaukee Wisconsin area real estateinformation on Localism.com April Hayden-Munson Realtor, Southeastern Wisconsin is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business. Serving Milwaukee, Waukesha, Washington counties and the surrounding area.
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
    Enjoy this video showing some of the latest features available in New Home Construction.  Available in the Greater Milwaukee, Waukesha, Racine, Ozaukee, Dodge, Jefferson, Walworth, Kenosha and Washington County areas.  Call to arrange a private tour of model homes.
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
I saw this question on another web site.  I could only think of one example I have seen happen over and over again. The craziest thing I have seen a seller do to sell their home is to sign a contract with an agent, who promised them they could sell the house for more money and quicker than anyone else.  Then have the property sit on the market for months, watching the value decline, while paying the mortgage and taxes, only to sell for less than the price I originally suggested. I have not seen sellers I work with do anything crazy, I work long and hard hours monitoring the market and keeping my sellers informed. Make sure you have a written game plan to negotiate before showings begin.  Be prepared to point out the best features, compare your property to others in the area, and brace y...
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By Kristin Johnston - REALTOR®, Giving Back With Each Home Sold!
(RE/MAX Realty Center )
My name is Kristin Johnston of Remax.  My market report gives you the real estate activity for Menomonee Falls, WI for the last 30 days.  Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County.  The following MLS information is for the last 30 days from 9/26/10 to 10/26/10.  Kristin Johnston Gives You The Real Estate Activity For Menomonee Falls, WI For the Last 30 Days: Real Estate In Waukesha County, WI.   In the Menomonee Falls,Wisconsin Real Estate market 23 homes sold; 5 were list and sold by the same company, and 18 were sold by co-brokes. In the Menomonee Falls,Wisconsin Real Estate market there were 57 new listings. In the Menomonee Falls,Wisconsin Real Estate market there were 17 pendi...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
I've been told a number of times, investing in the stock market is like gambling.  I don't gamble, but I do work in Real Estate.  I also invest in stocks.  To me Real Estate is more like gambling.   In the stock market gains and losses are minimal.  If you do your research, work with the tools available, and have the time, the risk is almost nonexistent.  But Real Estate is another matter.  In Real Estate most of us have our sites set on making the big sale, followed by a generous commission.  We dream of all the bills we can pay when we close that big sale. The road to a successful closing can be lined with many obstacles, financing, inspections, appraisals, conflicts between Buyer and Seller, to name a few.  If this doesn't give you a thrill, nothing will.  But this is the only resemb...
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By April Hayden-Munson, Brookfield Wisconsin Real Estate
    Address: W154N6566 Marvel Dr 32 Menomonee Falls, WI 53051-0944 County: Waukesha MLS #: 1107788 400 N. Executive Dr. #100Brookfield, WI 53005Phone: 262-787-3043Fax: 262-784-7279Email: movewithapril@gmail.comhttp://www.MovewithApril.com Provided as a courtesy of: April Hayden-Munson 414-617-6728 SRES,CDPERE/MAX Realty 100 Directions: Pilgrim Road north of Mill Road 2 blocks to Raven Way. East on Raven Way 2 blocks to Marvel Drive, Marvel Drive south 1/2 block to property on left Coordinates: 65N 154W     Property Type: CondominiumStatus: Sold List Price: $390,000VR Price $: 390,000 Rooms: 13Bedrooms: 3 Baths: 2 / 1Sq. Ft.: 2,100 Garage Spaces: 3Garage Type: Attached Year Built: 2001Lot Size: Condominium Taxes: $5,454Tax Year: 2008 Tax Key: 0091938034Zoning: ResidentialDays On Market: ...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
If stocks prices are on the rise, are home prices to follow? I checked my stock account Friday September 24, 2010, and again this morning, Monday September 27th.  Stocks are soaring.  According to my account information, I had lost 50% of my investment over the past year.  It took 12 months to dwindle to what it was last 2 weeks ago.  Last week a change began to occur.  In a little over a week I have seen a gain of about 23%. If the stock market can change that quickly, what about the housing market? Last week a client submitted a cash offer for an REO property listed at a very attractive price.  This property received multiple offers, and we were asked to submit a highest and best offer.  My clients offer was perfect in my estimation, offer price was over the list price, no inspection,...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
This has nothing to do with the military, but everything to being a good buyer representative.  If you know what not to ask, you will know what not to tell. The first thing I explain to a new buyer, once they have signed a Buyer Agency Agreement is, "I will never ask what you are willing to pay for a property."  If I don't know, I can't tell.  During negotiations, a good listing agent will try to get this information.  I always work to get the best price for the buyer.  I have to know what they are qualified for, so I can conduct the necessary searches, for maybe a little higher price than their pre-approval.  This is part of my job, finding the buyer the best value in their price range.  Another part of my job is to tell the buyer, "no, you can not submit an offer price of $100,000 on ...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Here is one reason to buy now.  Look at this study comparing the cost of owning a home and renting.  This study shows the gap is at its lowest point in 20 years.  Http://www.msnbc.msn.com/id/36650111/ Consider the fact this study was published in April of 2010.  Since that time interest rates have dropped.  The payments on a $100,000 home are now $100 a month less than they were a year ago.  What if housing prices continue to drop?  You will be in the same boat as everyone else.  If housing prices increase, you are still in that same boat.  Why take the chance on prices and interest rates increase, pricing you out of the chance of owning a home?  I suspect rental costs will continue to increase if foreclosures and short sales do increase.  If rental costs are rising and home prices drop...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Look at the interest rates today, September 2010.  With interest rates as low as 4.375% on a 30 year mortgage, your monthly payment on a $100,000 loan would be about $500 per month.  Just a few weeks ago interest rates were at 6%.  The monthly payment at 6% would have been $600 per month.  What are you going to do, wait until spring and pay the extra $100 per month?  It's your money.
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
In some cases the reason for buying a home can be summed up in four questions. Do you have a reliable job with a steady income?  Do you have a down payment? Do you like apartment living? Would you like more space? The main reason people decide to buy a home is to have more space.  Almost all my searches for homes are set to view homes which are 1250 square feet and larger.  In my seven years in Real Estate I have only sold a hand full of 1000 square foot home, or smaller.  People need more space for a number of reasons.  It may be a growing family.  The need to spread out, and feel comfortable in their own space.  It may be to get away from the noise and the hassle of sharing walls, floors, or ceilings with other people.  What owner of a new car likes sharing a parking lot with a number...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Click on the link below to view a list of homes that have sold in Menomonee Falls.   If you want a detailed report for a particular neighborhood you may request one via E-mail.  To receive an itemized report of similar sold and active properties within a six block radius please include the address you are interested in.  These reports are free and your information will not be shared with any other parties.   http://www.ez1realty.net/briefcase/44274_962010112624AM66458.pdf
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
For many a short sale is a last ditch effort to salvage their credit rating.  Since so much hinges on the outcome of a short sale, home owners need to make a wise, and informed decision. One of these choices is, which Real Estate Broker is going to sell the home, and which Agent are they going to use to represent them.  Is the Agent marketing the home like it is their own?  Does the Agent market the best features of the home?  Are the number of pictures adequate to show these features, and of a high enough quality to attract interest from all potential Buyers?  Does the description peak Buyers interest, or does it leave unanswered questions?  Is the home owner satisfied with the effort and details of the marketing plan?  These facts should be reviewed before signing a Listing Contract. ...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Amazing deals are everywhere as mortgage rates plunge to record lows this summer We've been getting spoiled this summer. Mortgage rates have plunged to record lows eight out of the past 10 weeks. The average rate for a 30-year, fixed-rate mortgage -- the most popular type of loan -- was 4.63% in our latest survey of major lenders taken Aug. 18. 2010.  Http://www.interest.com/mortgage/mortgage_rates_home_loans_interest_0818.html   For the prudent Buyer, this may be the best time to look at building a new home.  With interest rates at the lowest we have seen for years, and builders doing all they can to hold or reduce prices, the competition is fierce.  With home sales off for the year, builders will do all they can to earn your business.  Mortgages are low, lenders are also cutting costs...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
New home sales hit lowest level     By Dina ElBoghdady Washington Post Staff Writer Wednesday, August 25, 2010; 11:51 AM   Sales of newly built homes dropped to their lowest level since the government started tracking the numbers more than four decades ago, with demand for home purchases down in all four regions of the country.   This may seem like bad news to some, but it may be good news to those considering a new home.  In the past we have seen increases in new home prices due to increased labor, and material costs, higher interest rates and the cost of land.  Shopping for a new lot and home to build can be much less stressful at this time because price are stable.  Buyers will not be forced into decisions because of price increases.  This may be the best time to build.
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
It seems some agents think they stand half a chance of fooling the general public by leaving information off the MLS spec sheet.  How often have you seen the Square Feet missing from the MLS sheet?  Do they over look this box when they are filling in the MLS form?  Is this a mistake, a mere over sight, or a part of the marketing plan? Let's face it, one of two things will happen.  A smart agent will scan down to the tax sheet and look at the square feet.  A buyer will walk into the house and notice the size.  How many agents are out there trying to jump on the living green band wagon and leaving the square feet blank?  Want to save energy?  List all the facts and let the buyer make a decision based on all the available facts.  This alone has the potential of saving thousands of gallons ...
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