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Wisconsin Real Estate

Dec 23, 2007
Wisconsin is a cooler state to live in with it being so far north. They have quite a bit of snowfall during the winter season, and during the summer months it usually remains around seventy degrees Fahrenheit. The state does have a little water on its northern border offering boating and other activities. Wisconsin also has a lot of lakes and some rivers to spend the summers along. You will find for Wisconsin real estate you have many choices in areas to live. Some of the top cities include Madison, Milwaukee, and Richfield. Wisconsin has some of the most beautiful country including the Apostle Islands National Lakeshore, Ice Age National Scenic Trail, and North Country Scenic Trail. When you are looking for Wisconsin real estate, you may want to be located near some of the more scenic areas if you are looking for a vacation home.

Most of the types of homes you will find in Wisconsin real estate are going to be vacation homes, farm homes, small houses, and apartments. For vacation homes you will find a choice of log homes or some of the more palatial style homes for the rich and famous. Often the style of home is the western look with a lot of rock or slate and wood inside and out. The real estate usually offers a fire place to keep the heating bill lowered during the cooler months. The economy is mostly based on manufacturing, agriculture, and health care around the state and especially the larger cities. This means that the housing available will cater to the needs of the state.

Currently real estate in Wisconsin is seeing a hit. As you can imagine with the sub prime mortgages and foreclosures around the United States Wisconsin is just one of the places feeling the crunch. This means for those who have the budget to build or buy a home they are looking at some really great deals on the buying side. Already in some areas of Wisconsin they are seeing changes in the number of homes being sold. In Racine County for single family homes they have seen a decrease in the number of sales in the past three years. In 2004 74% of homes were sold that were on the market. For the 2007 year only 42% of the homes on the market were sold. This means that more than half of the homes on the market have not sold.

Sheyboygan has been seeing a few changes in the housing market as well. According to some recent news listed on http://localism.com first time home buyers in Sheyboygan are finding they have more control over the actual purchasing of homes. Instead of the first time home buyers not having some control over the price they are able to take advantage of some of the lower priced housing and make a purchase. Chippewa Valley is another area of Wisconsin that doesn't seem too concerned over the interest rates and of course the foreclosures going on. They are finding the 6.75% interest rate a better deal for buying.
About the Author
Tom Beaty offers Wisconsin Real Estate information for buyers and sellers. Don't buy or sell without visiting this Blog or it could cost you: Wisconsin real estate
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