Wisconsins full time residential real estate agent focused in waterfront property; luxury lake homes, lake homes, vacant lake land and vacation homes or second home opportunities . There is no place like "WISCONSIN LAKES". If lake living is what you desire then Lake Country is the place to be!If you are thinking about buying waterfront property in Wisconsin,a little time invested in learning about waterfront living will pay back sizeable dividends in matching your expectations to realities.

The magic of Wisconsin’s lakes - The LAKE COUNTRY

There are many reasons people fall in love with Wisconsin lakes. Spectacular sunrises and sunsets, good fishing, a tour of the water in a favorite boat, a beautiful backdrop to enjoy scenery and explore nature, a place to reflect or just get away from it all. With more than 15,000 Wisconsin lakes, there are many types and sizes of lakes all with their own unique character and natural assets.

Your best source for Lake Country Living is Lisa Bear.

Tuesday, November 13, 2012

Where Are Rents Headed?

Where Are Rents Headed?

 Where Are Rents Headed?



Posted: 13 Nov 2012 04:00 AM PST
When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. Where are rental prices heading over the next few years?
Rental prices usually increase by about 3 percent annually. Trulia just released their Trulia Rent Monitor where they revealed that rental prices have increased dramatically in the last year.
“Nationally, rent gains continued to outpace home price increases in October, rising by 5.1 percent.”
Based on the concept of supply and demand, we believe rental prices will continue to substantially increase over the next few years. The long-run 30-year average increase in rental households is 200,000 each year. Over the next few years, those numbers will more than double to over 500,000 each year. Freddie Mac in their latest report, Multifamily Research Perspectives, projects housing demand going forward.
“Given assumptions consistent with economic growth slightly slower than long run averages, multifamily demand is likely to be in the range of 1.7 million net new renter households between now and 2015.”
The cost of owning a home will begin to increase as both prices and mortgage rates are expected to inch up in 2013. Perhaps now is the perfect time to lock in your long term housing expense by purchasing your own home.

1 comment:

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