Vince Hoehn of CENTURY 21 Pierce Realty LLC, Manitowish Waters, WI

Your "go-to" guy for all your real estate needs!
Welcome to Vince Hoehn of CENTURY 21 Pierce Realty LLC, Manitowish Waters, WI Sign in | Help

Browse by Tags

All Tags » Market Conditions   (RSS)
Showing page 1 of 3 (21 total posts)
  • Apparently it was worse than we realized, and it seemed bad enough.

    Today a organization that I belong to, the National Organization of REALTORS (NAR), had to do a little back-pedaling on home sale statistics as reported for the last four years.  The NAR has been criticized at times for being too much of a housing market cheerleader, and perhaps the criticism has some justification.  From 2007 through ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on December 21, 2011
  • 13% of all US homes are vacant?

    The headline a few days ago was that 13% of US homes are vacant, up from 12.1% in 2007 (from the US Census Bureau.  Wisconsin is at 13.1%, up from 10.2% in 2000.)  Excel spreadsheet with data on all 50 states  What made it a headline is the concern that an increase in vacancy rates translates into increased downward pressure on home ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on March 29, 2011
  • Fourth Quarter Sales Stats Charts for Manitowish Waters and Surrounding Communities

    Yesterday I posted a line chart graphing 4th quarters closings in units by year of single family homes throughout the Greater Northwoods Multiple Listing Service.  Today I am restricitng the geograhical area to the area that I generally work -- the towns of Manitowish Waters, Presque Isle, Winchester, Mercer, Boulder Junction, Lac ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on February 5, 2011
  • Bank rejects own offer.

    Here is a link to a story that is illustrative of the difficulties faced by real estate agents working with short sales and foreclosures and the buyers and sellers of same.  These types of transactions do not make up a big part of my business (and before about 1 year ago, none at all), but I experienced several in 2010 and ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on February 5, 2011
  • Another blown forecast!

    A wise man probably wouldn't be so quick to point out his own errors of analysis, but then I have never been saddled with the sobriquet of "Wise Man." One year ago I wrote a piece about the relationship between interest rates, sale price, and affordability and it would have been just fine if I had stopped after making my ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on December 4, 2010
  • Not so good news for sellers of $1M homes.

    It seems as if everyday I hear the question "How's the real estate market?"   It is as sure to come up as a topic of conversation as is the weather.  My answer varies somewhat from questioner to questioner, but some aspects of my response are more consistent.  One item I consistently ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on September 24, 2010
  • Northwoods real estate outlook for 2010

    It's time to make some predictions about how the real estate market will fare in Wisconsin's Northwoods in 2010.  My crystal ball is just as murky as the ones belonging to all the other prognosticators, and my forecasts may be worth only what you are paying for it, but here goes:Even though mortgage rates have trended down ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on January 22, 2010
  • I'll eat my words now -- pass the ketchup, please.

    Earlier this year I wrote about how foreclosures are a rare occurence in Manitowish Waters and my reasons for thinking why this might be so.  Well, two more notices of sheriff's sale were posted at the Community Center just this morning -- an off water home on Powell Road, and a very nice home on Clear Lake.  Add these ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on November 19, 2009
  • Don't just do as I say, do as I do.

    Subtitled:  Putting Your Money Where Your Mouth is. For some time now I have been saying that this is a great time to buy real estate.  Buy when everyone else is selling, sell when everyone else is buying -- you have heard a variation of it many times.  I've said it, I believe it, and perhaps the following will ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on July 22, 2009
  • Jumbo loans and you

    Nationally, as well as in our local market, most residential real estate activity is centered on lower end of the real estate market.  There are a number of reasons why this is true, not the least of which, at least on the national level, is the sales activity driven by buyers taking advantage of price-distressed foreclosed homes and short ...
    Posted to Vince's Northwoods Notes (Weblog) by 600127 on June 27, 2009
1 2 3 Next >