Check out a couple of our most recent listings:
1870 N. Warren Avenue – Milwaukee – $149,900 -
http://www.homegatedirect.com/address.php?property_ID=90
S13 W31867 Glacier Pass – Delafield – $329,900 -
http://www.homegatedirect.com/address.php?property_ID=89
Tags: milwaukee flat fee mls, milwaukee flat fee realtor, milwaukee homes for sale, Milwaukee Real Estate
We’ve rolled out some great new changes for Homgate Direct Realty’s website with an even wider variety of listing options. Check us out at www.HomegateDirect.com
Tags: milwaukee flat fee mls, milwaukee flat fee realtor, milwaukee home, milwaukee homes for sale
Very interesting article from Forbes.com recently on why people should NOT wait until the spring to sell their house – how doing so now can get you a better deal. Check it out: http://www.forbes.com/2009/12/24/home-sales-2010-lifestyle-real-estate-housing-listings.html
Tags: milwaukee flat fee, milwaukee flat fee mls, milwaukee flat fee realtor, milwaukee homes for sale, Milwaukee Real Estate, milwaukee realtor
The Milwaukee Journal Sentinel reported today that Milwaukee area home sales soared 75% in November from the same month last year, an increase Realtors attributed to efforts by buyers to close their purchase before a tax credit for first-time home buyers was set to expire.
The federal tax credit of up to $8,000 – part of Congress’ economic stimulus plan – since has been extended to home deals that close by June 30 of 2010. But uncertainly about whether it would be extended helped Realtors post sales numbers that the Greater Milwaukee Association of Realtors called “staggering.”
Housing statistics released Thursday by Metro MLS Inc. show that 1,369 existing homes were sold by Realtors in November, compared with 783 in November of 2008, in Milwaukee, Ozaukee, Washington and Ozaukee counties.
Milwaukee County had its eighth consecutive month of positive sales compared to the same month last year, with 818 sales vs. 486 in November of last year – a 68% gain.
Sales in Waukesha County were up 70% to 335 from 197. In Ozaukee County, sales rose 119% to 81 from 37, and in Washington County, sales jumped 114% to 135 from 63 in November of last year.
The Realtors group noted that December sales are expected to decrease from December of 2008 because of the rush to close purchases in November.
Tags: flat fee milwaukee mls, milwaukee homes for sale, Milwaukee Real Estate, milwaukee realtor
Anyone looking for a home has seen a huge increase in the number of foreclosures available in the Milwaukee real estate market. We found this great article with a lot of helpful advice on CNN Real Estate. They give some great pointers when looking at home either in foreclosure or already taken back by the banks. Homegate Direct Realty has a lot of experience in the foreclosure market and can assist buyers to not only find the best deals out there – but also to know the hidden pitfalls with some homes. Check out the article below and contact us to help you find the best Milwaukee homes for sale in the area to suit your long term goals.
http://money.cnn.com/2009/11/19/real_estate/buying_foreclosures_tips/index.htm
Tags: milwaukee foreclosure, milwaukee homes for sale, Milwaukee Real Estate, milwaukee realtor
Latest on the expected rebound in home prices for 2010. It’s been a long time coming, so we’re all hoping the real estate downturn is finally over. We’re expecting that home prices will rise even faster in the Milwaukee metro area as the Milwaukee real estate market hasn’t been hit like other parts of the US with the foreclosure crisis. Whether you’re looking to buy or sell – the market for milwaukee homes for sale is still relatively strong and well positioned for the future.
Check out the article at: Real Estate Predictions f0r 2010 – Milwaukee Real Estate
Tags: milwaukee flat fee mls, milwaukee homes for sale, Milwaukee Real Estate, milwaukee realtor
How the New Homebuyers Tax Credit Works
from RealEstateEconomyWatch.com
by Steve Cook
The extension and expansion of the homebuyers tax credit that passed Congress November 5 allows more first-time buyers to qualify and creates an entirely new credit for existing homeowners who buy a new home.
The effective date is Tuesday, December 1 for the enhanced first-time buyer credit and for the new credit. It is not retroactive. However, first-time buyers who have been rushing the meet the November 30 deadline for the existing program need not worry. They can qualify under the new one. Existing homeowners who are also in the process of buying a home should consider delaying closing until December 1 or later to qualify for the credit.
Both credits expire next spring. Buyers must have a contract on a home before May 1, 2010 and they have until June 30, 2010 to close in order to qualify.
Key Provisions
Amounts:
- The first-buyer credit remains 10 percent of the cost of the home or $8ooo, whichever is less.
- The credit for existing homeowners is 10 percent of the value of the new home or $6500, whichever is less.
Definitions:
- A first-time homebuyer cannot have owned a home during the past three years.
- Existing homeowners must have owned and lived in their current home five out of the preceding eight years.
- Only principal residences qualify. No second homes or investment properties.
Income limits:
- The measure raises the income limits for those claiming the credit to $125,000 a year for individuals and $225,000 for couples, up from $75,000 and $150,000 in the previous first-time buyer credit. After that, the value of the credit phases out.
- The cost of the new home cannot exceed $800,000.
Cost:
- Expanding the home buyers’ credit will cost about $11 billion. The total cost of extending the first-time buyer credit and adding the existing owners’ credit is $16.7 billion.
Expanding the new homebuyer tax credit to not only first time Milwaukee real estate homebuyers but to those who are looking to sell their existing Milwaukee home and buy another Milwaukee home will undoubtedly help the Milwaukee real estate market recover from the downturn of the past few years. Please feel free to contact Homegate Direct Realty for any questions regarding the new rules on the homebuyer tax credit and how we can help you if you’re selling your Milwaukee home or looking to purchase a new property.
Tags: milwaukee homes for sale, Milwaukee Real Estate, milwaukee realtor
Extremely well cared for and updated colonial in a beautiful and convenient neighborhood. The amenities of this Milwaukee home for sale include custom kitchen with unique ceramic tile flooring and countertops, large breakfast area, stainless steel appliances, very large bedrooms including a vaulted master suite with large WIC. Lower level is completely finished with 3 separate rooms for your enjoyment. A great buy for Milwaukee real estate. Contact Homegate Direct Realty today, your Milwaukee realtor.
Tags: milwaukee homes for sale, Milwaukee Real Estate, milwaukee realtor
Here’s one I encourage you to read by CNBC. We don’t often talk about real estate outside of the Milwaukee real estate market – but this is a crazy story about what the housing crash is doing to the Las Vegas real estate market where most homes for sale are foreclosure homes. A far cry from what is going on with Milwaukee homes for sale by Milwaukee realtors – but take a look.
http://www.cnbc.com/id/33310096
Tags: milwaukee homes for sale, Milwaukee Real Estate, milwaukee realtor
Beautiful Sherman Park home in quiet neighborhood. This spacious home has updated kitchen with new cabinets and countertop, bath with whirlpool tub, built-in china cabinet in dining room, crown moulding, and 1st floor utility room. In addition to the garage, the property has a separate 3-car concrete area. For more info on this Milwaukee home for sale see: Milwaukee Real Estate Link
Milwaukee Real Estate
Tags: milwaukee homes for sale, Milwaukee Real Estate, milwaukee realtor
