Cedarburg Real Estate

Things are always changing in Cedarburg, Wisconsin. Summer selling and buying season is upon us. Properties that are priced and show well are moving quickly. You will see time on market increase due to raising interest rates and that increases the number of homes a buyer may want to preview before deciding on purchasing.

I encourage you to act quickly if you are serious about finding the right property at the right price. A Realtor(r) is your best choice for finding what you are looking for in a home.

Check out www.ozaukeehouses.com and www.ozaukeerealty.com for real estate listings and information about Ozaukee County and each of its cities and towns. There is a quick search function for finding that property quickly based on your input criteria.

Rob
Sales Executive
Coldwell Banker Residential Brokerage

Old Rezlaf Farm - now a subdivision.

Be one of the first to own and build in this premier subdivision. Lots are available now and you can build quickly.

Call Rob at 262-305-6964 to obtain the details and map.

NAR Statistics - you may want to look at these numbers!

Take a look at the National Association of Realtors statistics. They include Realtor statistics and home seller/buyer statistics.

http://www.realtor.org/libweb.nsf/pages/fg006#topica

Rob

More Home Buyers and Sellers Use Internet, Practitioners

Read the latest statistics on the home buying process and the ever increasing use of the internet for searching.

http://www.realtor.org/RMODaily.nsf/pages/News2006011701?OpenDocument

Rob

Housing Market 2006 Trends - more.

Please check out this journal article to find out more....

http://www.jsonline.com/bym/news/jan06/384469.asp

Thinking FSBO? Stats prove interesting.

NAR President Challenges Balance in FSBO Article(January 5, 2006) -- In a letter to the editor Wednesday to The New York Times, NATIONAL ASSOCIATION OF REALTORS® President Thomas M. Stevens reinforced the message that using a real estate professional to sell a home “more than makes up for the cost, not to mention the savings in time, effort, and hassle.”The letter was in response to a Jan. 3 article in the Times about the success of a for-sale-by-owner Web site in Madison, Wis., operated by two women out of a spare bedroom. The article stated that the Web site and other models are successfully challenging the traditional real estate brokerage model.The article “failed to provide your readers an accurate picture of the advantages and disadvantages of going it alone when making the most important transaction of their lifetime,” wrote Stevens, senior vice president of NRT Inc. in Vienna, Va.

Citing NAR research statistics, Stevens wrote that the average home sold with the help of a real estate professional last year brought $230,000 while the average home sold directly by an owner went for 16 percent less at $198,200. “It’s no wonder that the percentage of homes sold by owners actually declined last year despite the real estate boom in most areas of the country,” Stevens wrote.

Ozaukee County Tax Rates Published!

Please contact Rob at www.OzaukeeHouses.com for your own copy of the tax rates in Ozaukee County by municipality. Or you can email him at rob@ozaukeehouses.com

OzaukeeHouses.com

Cedarburg Taxes?

I know my assessment went up quite a bit. Here's the scoop for you and why your bill was around the same amount or less most likely.

In Cedarburg, the average home assessment jumped 21.8%, from about $208,500 to about $254,000, according to the city assessor, Cathy Timm. Because the city tax rate dropped from $7.56 to $6.20, the average municipal tax bill dropped slightly, from $1,576 to $1,575.

Housing Market in 2006?

While home sales are expected to drop from 7.10 million to 6.84 million the market will still remain solid. Nationwide the median price for an existing home was $208,800 in 2005. Now it's expected to rise to $233,100. Other factors are the Consumer Price Index which is also expected to rise in 2006. Interest rates on mortgages will most likely increase to around 6.6% by end of 2006.

Contact us for more statistics on the local market.

Stats from Realtor Magazine December 12, 2005.

Has the bubble burst?

Your thoughts on the "bubble" in Ozaukee county? According to economists, there was really no bubble to begin with. For a bubble you need an extreme in employment changes. Ozaukee remains stable and although housing prices rose, so did the average house size in square feet. To find out more, email me for details/charts.