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Hudson, WI Real Estate News

By Team Cudd - Jeremy & Dana
(Property Executives Realty)
Residential Property Management Services:     Platinum Package:  Create professional marketing ads tailored to the property and advertising medium. Professional marketing includes: Sign, flyers, company website, free and paid rental websites (which includes the most visited real estate websites in the nation), MLS, participating Broker websites, and networking...                                                                                                                                                                                       Field calls from prospective tenants and schedule showings of your property. Meet prospective tenants for showings throughout the week and weekends. Collect tenant application, verify identity, income, perform credit & background checks, and rental ...
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By Jacque Howard, Team Howard
(Keller Williams Premier Realty)
  This list is a great start to getting your home in great shape, now, and when you're ready to sell! If you're like most people, your home is one of, if not THE largest investment you'll ever make and maintaining it is key to protecting its value. With Spring upon us, there's no better time to put a little sweat equity into your home! Remove and donate unwanted items, reorganize and clean closets, attic, basement and garage Power wash exterior walls, porch floors, deck, patio, driveway and sidewalks Clean outdoor furniture, umbrellas and outdoor light fixtures Clean out gutters Clean out refrigerator and freezer, making sure to vacuum the grill and coil Remove lint from the hose attached to back of clothes dryer Vacuum baseboards, walls and ceilings, wipe down walls Steam clean carpets...
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
CoreLogic’s National Foreclosure Report provides monthly data on completed foreclosures, foreclosure inventory, and delinquencies over 90 days. In their February report, CoreLogic found that there are 1.4 million homes in the foreclosure inventory, which is down from 1.5 million in February 2011. But though foreclosure inventory and the pace of completed foreclosures held fairly steady from January, expectations of further declines in the foreclosure inventory are leading to optimism for the housing market’s immediate future. Mark Fleming, CoreLogic’s chief economist, said the pace of completed foreclosures compares favorably to year-ago levels and the overall foreclosure inventory is decreasing because REO sales were up in February. Also in the report, the five states with the highest ...
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
A number of factors have experts and industry insiders expecting a strong spring-selling season this year. Nearly half of all home sales happen during the months of April, May, June, and July and this year, with the economy and job market showing signs of growth, the sales season is expected to be better than it has been in years. Among the main reason spring and summer are good for home sales is weather. And, this year, mild weather has enveloped much of the country earlier than usual. For instance, the Midwest, which saw warmer than usual weather so far this year, saw a 6.5 percent increase in signed contracts in February and a 19 percent jump year-over-year. Among the other factors playing a role in the optimistic outlook, inventory has been clearing from the market and is now at a f...
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By Jacque Howard, Team Howard
(Keller Williams Premier Realty)
Avoid Becoming Bridezilla Hudson Wisconsin Wedding Guide Goin' to the chapel and you're gonna get ma-a-arried...Now that the song will    be stuck in your head, let's talk the big day, tying the knot, getting hitched, taking the plunge, buying the cow, taking on the ol' ball and chain. Love is in the air, and I'm sure you or someone you know is getting married. If you live in Hudson Wisconsin this is a helpful guide to find a great local Hudson venue, photographer, cake, hair-stylist etc. etc. So much to do in so little time. Life is busy, and wedding planning can be stressful. You may think you've got everything under control, but there isn't a bride who hasn't succumbed to a "bridezilla" moment as the big day nears. Even the sweetest, happiest bride-to-be can snap under the pressure. ...
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for home purchase loans increased again last week. The seasonally adjusted Purchase Index was up 3.3 percent from the week before and is up 2.14 percent over the past four weeks. But the growing volume of purchase loans comes at the same time as refinance activity has slowed. The Refinance Index fell last week due largely to a 12.0 percent drop in government refinance activity. Conventional refinance applications also slipped, though by just 3.4 percent. The Market Composite Index, which measures total mortgage loan application volume, was down 2.7 percent from the week before. The average contract interest rate for 30-year fixed-rate mortgages increased to 4.23 percent from 4.19 percent the previous week. 
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By Team Cudd - Jeremy & Dana
(Property Executives Realty)
Why Property Executives Realty? How we stand out from the competition: We have a paid attorney (free for all "clients")  assigned for each property.  He will handle all legal aspects of an eviction, non-payment of rent, and court litigation.  Free general maintenance on the first two requests from your tenants; a discounted fee thereafter.  Our marketing consists of rental listing websites, print publications, signs, MLS, and fliers.  MLS (Mulipal Listing Service) allows us to market your home to other real estate professionals and potential tenants who may be searching for rentals on the most visited real estate websites in the nation! There are lot's of do's and don'ts when renting a home. Let our 30+ years of real estate experience guide you along a successful path of preparation, p...
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By Team Cudd - Jeremy & Dana
(Property Executives Realty)
Why Property Executives Realty? How we stand out from the competition: We have a paid attorney (free for all "clients")  assigned for each property.  He will handle all legal aspects of an eviction, non-payment of rent, and court litigation.  Free general maintenance on the first two requests from your tenants; a discounted fee thereafter.  Our marketing consists of rental listing websites, print publications, signs, MLS, and fliers.  MLS (Mulipal Listing Service) allows us to market your home to other real estate professionals and potential tenants who may be searching for rentals on the most visited real estate websites in the nation! There are lot's of do's and don'ts when renting a home. Let our 30+ years of real estate experience guide you along a successful path of preparation, p...
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By Team Cudd - Jeremy & Dana
(Property Executives Realty)
  Property Management Hudson, WI and Western Wisconsin (edit/delete) Property Executives Realty is now offering property management services to Western WI and Eastern MN. If we can't sell your home, we'll rent it for you! Worried about a tenant walking out? We have an attorney assigned to each property t...hat will handle all legalities and will even go to litigation to fight for our clients behalf. A free service for all of our clients! Call me to for a FREE consultation and ask about our 6 month tenant guarantee!    Visit our websites:   http://www.PropertyExecutivesRealty.com or http://www.Hudsonwirentals.com  
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By Team Cudd - Jeremy & Dana
(Property Executives Realty)
If anything is certain about the foreclosure crisis, it's that it isn't over. That fact has important implications, not only for people losing their homes, but also for those planning to sell or buy a home this year. As of January, about 3 million properties were in foreclosure, headed that way or already owned by banks, according to CoreLogic, an information, analytics and business services company in Santa Ana, Calif. Approximately 1.6 million of those homes were believed to be within the so-called shadow inventory, a supply of foreclosure properties not yet listed for sale. It's a major stumbling block to a housing recovery, says Mark Fleming, chief economist of CoreLogic. "It puts downward pressure on home prices, which hurts home sales and building activity," Fleming said in a stat...
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
Are you underwater on your mortgage? Is your loan serviced by Fannie Mae and did you take it out prior to 6/1/09? If so, get in touch with me as I now have access to the Fannie Mae version of the Obama program to help homeowners who owe more than their house would appraise for refinance and take advantage of the lower rates!
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
The National Association of Realtors’ Confidence Index is based on a monthly survey sent out to 50,000 real-estate professionals assessing expectations for home sales, prices, and the overall market. February’s report finds confidence and expectations on the rise amid continued evidence of a slow and steady market recovery. Though responses didn’t indicate rapid market growth, participants reported an increasing number of buyers in the market, rising rent, and expectations of higher or, at least, constant home prices. The percentage of professionals indicating they expect prices to rise increased from 62 percent in December to 73 percent in the most recent report. Also, the amount of time homes for sale stay on the market continues to decrease and rental prices continue to rise, both po...
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By Team Cudd - Jeremy & Dana
(Property Executives Realty)
According to the National Association of Realtors existing-home sales will jump 7 to 10 percent in 2012 to the highest level in five years, based on an "uneven but higher sales pattern" so far this year.  Pending sales were up, from January to February, 9.2% from the same time in '11.  The Midwest saw a month-over-month gain of 6.5 percent and a 19 percent gain from a year ago. NAR predicts existing-home sales to be 4.65 million in 2012, an increase of 9.1% from last year. That forecast assumes that the U.S. economy will grow at a 2.3% annual rate and add 2.7 million jobs this year.   http://www.inman.com/news/2012/03/26/nar-2012-home-sales-will-be-strongest-in-past-5-years
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
Beginning April 1, potential borrowers with ongoing credit disputes totaling more than $1,000 will not be able to get a mortgage insured by the Federal Housing Administration. The rule marks a significant belt-tightening at the FHA whereas the adminstration earlier held no such requirement that disputed credit accounts needed to be paid off. Before this rule, a direct endorsement underwriter could determine if any of the borrower's outstanding debts should impact the approval of the FHA-backed mortgage. After April 1, the borrower must either pay off the outstanding balance on these collections accounts or document a payment arrangement that the lender must then submit to the FHA before closing. The payment arrangement will be counted into the debt-to-income ratio for the new home loan....
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
According to the National Association of Realtors’ Pending Home Sales Index, contract signings were relatively flat in February, down 0.5 percent from January. But despite a slow month, pending home sales were 9.2 percent above February 2011. Lawrence Yun, NAR’s chief economist, said the spring home buying season looks bright due to elevated contract offers so far this year. According to Yun, if the level of current activity is sustained throughout the year, existing-home sales would reach their highest level in nearly five years. Regionally, the Midwest spiked 6.5 percent and is up nearly 20 percent over last year, though all other regions suffered decreases. Pending home sales are a forward-looking indicator that reflect contract signings but not closings
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By Jacque Howard, Team Howard
(Keller Williams Premier Realty)
Date Night Deal at Shanghai Bistro! Wednesday nights: 6 pm- close THE DEAL: ~ Appetizer ~ Entrée ~ Desert for 2 25$ Chinese option/30$ sushi option Like so many people, the past few years may have caused you to tighten your belt a bit. The daily coffee run isn't the drivethru at Starbucks or Dunn Bros, it's a tragic cup of Folgers found in the dark corner of your kitchen cabinet - and your “dinner date night” = 5$ foot-longs at Subway. (No offense Subway- we still love you) Nothing says romance like a BLT and fountain pop right? Wouldn’t it be nice to take your hunny out to a romantic restaurant that didn’t cost a fortune? Shanghai Bistro in Hudson is at your service with Wednesday night "Date Night". Chinese/Japanese food at this quality usually costs 2x as much! As we've blogged about...
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By Jacque Howard, Team Howard
(Keller Williams Premier Realty)
  Hudson Hospital & Clinics: Free Health Seminar April 16th Most of us only go to the hospital when we have a checkup or an emergency, and then there are those of us that avoid the hospital like the plague. You know the type…complaining of xy & z all the time but never actually visit the doctor to find out what’s wrong.   Who says you should only go to the hospital when you’re sick? I can think of a dozen good reasons to go that don’t require a checkup or an arm getting broken. Oh, did I mention these reasons are actually fun and educational? Hudson Hospital and Clinics has a wonderful variety of classes and seminars that offer educational and life-changing opportunities to improve health and wellness. The Healthy Lifestyle, Healthy Life poster above is just one of many seminars and cla...
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
The U.S. Department of Housing and Urban Development and U.S. Department of Commerce’s New Residential Sales Report for Februaryshows sales of new homes fell 1.6 percent from January to a seasonally adjusted annual rate of 313,000. But though sales slipped from the month before, year-over-year sales were up 11.4 percent. Also in the report, the median price of new houses sold in February was $233,700. That’s 8.3 percent above January and the highest it’s been since last June. Compared to February 2011, the median price was up 6.2 percent. The estimated number of new homes for sale at the end of the month was 150,000, which represents a 5.8-month supply at the current sales pace.
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Sales of previously owned homes fell 0.9 percent in February but remain 8.8 percent above a year ago. According to data from the National Association of Realtors, existing-home sales, which include single-family homes, townhomes, condominiums, and co-ops, were at a seasonally adjusted annual rate of 4.59 million down from the upwardly revised January number of 4.63 million. Lawrence Yun, NAR’s chief economist, said the market is trending up with record high consumer buying power and sustained job gains giving buyers the confidence to get into the market. The national median existing-home price was $156,600 in February, up 0.3 percent from a year ago. Also, unsold listed inventory is down 19.3 percent from February 2011 and, at the current sales pace, there is a 6.4-month supply of exist...
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
The U.S. Census Bureau and the Department of Housing and Urban Development’s new residential construction statistics for February show housing starts down 1.1 percent from January but still nearly 35 percent above the year before. Despite the slight dip in new construction, building permits for future construction rose to their highest level since October 2008. Permits to build privately-owned housing units jumped 5.1 percent over January’s revised rate and are 34.3 percent above the February 2011 estimate. Single-family authorizations climbed 4.9 percent to a rate if 472,000, up from January’s figure of 450,000.
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