Somerset WI - 1st Quarter 2022 Housing Market Update Both nationally and locally the housing market is at the very cusp of changing from a sellers housing market which has been driven by rapid appreciation for the past two or three years due to shortages of homes for sale. The rapid appreciation has been driven by the pandemic along with historic low mortgage interest rates. Combined it has Continue Reading
Somerset Wisconsin
Somerset WI – Housing Market Changes – 2022
Locally the housing market is changing from a sellers housing market which has been driven by rapid appreciation for the past two or three years due to shortages of homes for sale. The rapid appreciation has been driven by the pandemic along with historic low mortgage interest rates. Combined it has forced the housing supply to be out of balance with more buyers than homes for sale. Baby Boomers Continue Reading
Somerset WI Home Values
Somerset WI Home Values Exploded from October 2020 thru October 2021. Somerset home owners who took advantage of the housing inventory shortage walked away from the closing table with significant net proceeds because of home appreciation. Let's look at the rolling twelve months from October of 2020 through October 2021 illustrating the appreciation during this time Continue Reading
Somerset WI Log Home Under Contract In Rural Setting With Outbuilding
Custom built Larger real log home with exposed beams, loft, with private master suite just minutes from Stillwater. Property has new mechanicals, with an extra 4+ garage and workshop all in a rural setting. The extra outbuilding has space for chickens/rooster, plus a 2nd floor partially finished whether for an apartment, or for hobbies. Horse fencing/pasture and outside auto water hydrants, Continue Reading
Somerset WI Housing Trends 2021
Somerset WI Housing Trends 2021 – Housing market appreciation exploded this past twelve months from September 2020 through September 2021. For home sellers in Somerset who took advantage of the shortage of housing inventory they walked away from the closing table with significant more net proceeds because of significant housing appreciation. Let’s take a look at some housing statistics that Continue Reading
Somerset WI Housing Market Statistics 2021
Somerset WI Housing Market Statistics 2021 - Housing market appreciation exploded this past twelve months from August 2020 through August 2021. For home sellers in Somerset who took advantage of the shortage of housing inventory they walked away from the closing table with significant more net proceeds because of significant housing appreciation. Let's take a look at some housing statistics that Continue Reading
