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

Had an interesting and uplifting conversation with a gentleman yesterday.  He had stopped into the office to inquire about the actual sale price of a property that hold sold recently, and our conversation proceeded into all directions from there.  The part that I want to relate to you is basically this:  This gentleman is "of ...

  Today the sale of my listing of 324 Point O' Pines, right here in Manitowish Waters, closed.  Sale price was 100% of list, or $329,900.  I believe that it is the first listing of a Manitowish chain property to sell this year, which means so far the score for listing agents is Vince Hoehn 1, everybody else 0.  Days ...

A reminder -- waterfront property owners with large existing piers have until April 1, 2011 to register those piers under the grandfathering provisons of the new pier regulations if they want to avoid possible enforcement actions due to noncompliance with the new pier size standards.  Link to the DNR Pier Planner Link to the DNR interactive ...

I note that one of my posts on the home inspection contingency is closing in on 10,000 views (Google loves it for some reason), so I decided to “google” the term “home inspection contingency” and see what other folks had to say about the topic.  And what I read (and I didn’t agree with everything I read) gave me ...

The sales of two of my listings closed today, and these properties have something else in common -- both received multiple offers.  The home on North Farming Road has essentially been under contract during the entire one year term of the listing.  The first contract failed because the hopeful buyer could not sell his present ...

I have transactions pending for two of my listings -- Lot 19 of Squirrel Lake Island in the Town of Minocqua, and a home on North Farming Rd in Arbor Vitae -- both to close later this month.  Sale prices to be available after the ...

Or as it may be more properly known, the endowment effect? The endowment effect is a theory of cognitive bias (flaw in judgement) first proposed by economist Richard Thaler.  Thaler stated:  "This pattern -- the fact that people often demand much more to give up an object than they would be willing to pay to acquire it -- is called ...

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 ...

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 ...

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 ...