Tag Archives: Wisconsin

Real Estate and Inflation

6 Dec

We haven’t heard a lot about inflation recently. However, prices have started to creep upward over the last year. As examples, here are a few categories that increased from November 2010 to November 2011:

  • Food at home – up 6.2%
  • Housing fuels and utilities – up 3.5%
  • Transportation – up 9.2%

Today, I want to address the issue of inflation and the advantages of owning real estate. The National Association of Realtors (NAR) took an historic look at the impact of inflation. Here are some inflation numbers over the past 30 years:

We can see that real estate has fared very well. The most important number is the $0 increase in mortgage amount. The study assumed that the homeowner took a 30 year fixed rate mortgage thereby locking in the housing expense for the thirty years.

NAR then looked at inflation moving forward over the next thirty years. Obviously, if it remained the same as the last thirty years the percentage increase would be the same. They looked at a low inflation scenario and a high inflation scenario. The graph below shows the findings:

Bottom Line

We can lock in the housing costs of our primary residences and vacation homes at all time lows if we purchase today. Either would be a great hedge against future inflation.

Via: KCM Blog

New Photo Update on Flickr

27 Nov

Hi Everyone,

I have updated photos on my Flickr account.  My photos range from abstract, colors, badger football and good old fashion bowling!  Enjoy..http://www.flickr.com/photos/rokphotos/collections/

Middleton, WI: Gorgeous Newer Condo Listed

22 Feb

Our team has just listed a gorgeous condo at 1622 Pond View Ct in Middleton, WI – Please make sure you watch the full video walk-through!

Home Specs:Pond View Ct Middleton Wisconsin
1622 Pond View Ct. Middleton, WI
Price: $279,900
Age: 5 years
Sq. Ft. 1642
MLS: 1613749

Newly Listed! A great 2 bedroom, 2.5 bath condo located in a quiet setting!  This gorgeous condo is tucked away in a cul-de-sac that backs up to a nature preserve.  The condo features include a top-of-the line kitchen with maple flooring & cabinets, stainless appliances and granite counters.  The kitchen also features a titled back splash and large pantry.   There is a nice dining area with maple flooring that flows nicely into the great room with a vaulted ceiling and gas fireplace.   There is also a great sun room with a cathedral ceiling & access to private brick patio.  On the main level you’ll find the master suite with a walk-in closet and granite bath with a walk-in tile shower.  There is also s 2nd master suite and study on the 2nd level that has an balcony over looking the great room!   Other great features are the convenient first floor laundry and huge basement. The basement has lots of potential for large rec-room.    All of this within the peaceful setting of Tiedeman’s Pond and downtown Middleton!  For more information or a private showing, please phone me at: 608-219-9766 or e-mail me at:  rkoch@remaxwisconsin.com.

Please watch the full video walk-through:

http://www.hdhathomes.com/Tours/2953_tourb5m.html

Madison, WI: One of the best locations for Real Estate in 2011

21 Feb

Calling all home buyers and sellers! Madison, WI ranks as one of the best places to buy Real Estate in 2011!

Great News for the Madison, WI Real Estate market!  The most recent ABC Money report ranked Madison, Wisconsin #8 out of 10 as one of the top places to buy Real Estate in 2011.  According to this report, Madison has hit the bottom and is on it’s way back up! Click here to read the full story.

In Madison, average home prices went down from 2009 to 2010, but then went up in the third quarter of 2010, which means Madison real estate is showing encouraging signs that it’s at the bottom and prices are moving in the right direction.  The median home price in Madison is $206,700. Call me to take advantage of our Real Estate Market that is gaining momentum.