House to Home Properties LLC
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Open Houses
Saturday, June 8th
Address Hosted By Time
135 N West St, Brandon Scott Aylesworth 10:00 – 11:00am
N5371 Brandon Rd, Brandon Eunice Beekman 10:00 – 11:00am
10 N State St, Waupun Gail Neevel 10:00 – 10:45am
W14437 Hwy AW, Waupun Gail Neevel 11:00 – 11:45am
207 S State St. Gail Neevel 12:00 – 12:45pm
SPRING OPEN HOUSES
SATURDAY, MAY 4th
Address Hosted By: Time Price MLS#
207 Walker St. Eunice Beekman 10:00 – 11:00am $ 84,900 1665243
120 N Grove St. Scott Aylesworth 11:00 – 12:00pm $119,500 1679600
610 Sawyer St Eunice Beekman 11:30 – 12:30pm $115,000 1670637
109 County Park Rd. Don DeMotts 11:30 – 12:30pm $129,900 1676867
444 Edgewood Dr. Scott Aylesworth 1:00 – 2:00pm $174,900 1669177
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Open House
Sunday, February 12th
1209 South Park Ave., Oshkosh, WI
12:30 pm - 1:30 pm
Foreclosure Activity Declined in May
Foreclosure activity fell 2 percent in May from the previous month and 33 percent from a year ago, according to RealtyTrac. One in every 605 homes, or 214,927 properties, received a foreclosure filing during the month. Foreclosure filings include default notices, auction sale notices and bank repossessions.
RealtyTrac’s CEO, James J. Saccacio, attributed the decline in part to holdups at banks. “Foreclosure processing delays continue to mask the true face of the foreclosure situation, although there were some clues in the May numbers of what lies behind that mask,” he says. “First, activity spiked in May for various stages of the foreclosure process in some states, a pattern that has occurred in several states over the past few months. This pattern provides evidence that lenders are somewhat unevenly pushing batches of bad loans through foreclosure as they overhaul their paperwork and documentation procedures and as they determine that some local markets are able to absorb more foreclosure inventory.”
Nevada posted the nation’s highest foreclosure rate for the 53rd straight month in May, with one in every 103 homes receiving a foreclosure filing during the month. Arizona posted the nation’s second-highest foreclosure rate, with one in every 210 homes receiving a foreclosure filing, and California was third, with one in every 259 housing units receiving a foreclosure filing.
Article per CRS Member Connect
A general check around your home, both inside and out, is important at the first sign of warm weather. In between exercising and playing with your kids, Spring opens the perfect opportunity to have your air conditioning and other mechanical systems checked by a home maintenance professional. Some of these additional tasks listed below can be performed by you as well, so take the time to spruce up your home for Spring because it will save you money and time over the season.
Loose Objects
Check for loose gutters, downspouts, shingles and siding or cracks in the sidewalk and driveway that need repair and cleaning. If shingles are missing, curling, broken or cracked they should be replaced.
Clogged Gutters
Gutters should be cleaned in the spring and again in the fall. Leaves and twigs clogging your gutters will prevent rain from draining properly. While cleaning your gutters, check for holes or rust and make sure they are securely attached to the house.
Shrubs & Trees
Prune trees and bushes as necessary; clean away organic debris that has gathered during the winter. Pruning removes deadwood, improves shape and maintains the plants health.
Decks & Patios
Test your deck for any boards or railings that need replacing. Maintenance to your walkways will help prevent guests and your family from tripping or falling. Take the time to examine all the wood carefully to see if any boards are rotten. Walk around your deck and listen for squeaks. Try to feel for soft spots or sagging areas.
Pipes
Inside the house check the pipes in the kitchen and baths for leaks that need fixing. Repair any dripping faucets or tubs. Check the shutoff valve at each plumbing fixture to make sure they function.
Sump Pump
Check your sump pump for proper operation and change the battery in the backup. A yearly cleaning is recommended before the rainy season hits. If you spot an oily film on the surface of the water in your sump pump, verify the condition of the oil seal. The appearance of oil may indicate a faulty oil seal which could cause the motor to burn out in the pump.
Batteries
Inspect and replace batteries in smoke and carbon monoxide detectors. Batteries weaken with age and should be checked regularly and replaced generally once a year.
Oven/Stove Top
Give your kitchen range, hood and oven area a good cleaning to remove all built-up grease to prevent fires. Keeping this area clean of cooking grease will help keep a stovetop fire from spreading.
Air Conditioner
Have a professional air conditioning contractor inspect and maintain your system as recommended by the manufacturer.
Water Heater
Check around the bottom of your water heater to make sure there are no leaks or rusting. Replace it if you find any.
Fireplace
If you have a fireplace, have it cleaned and inspected by a certified chimney sweep.
HOME WARRANTY OF AMERICA, Inc.
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Mortgage rates ease for first time in a month Borrowers rush to beat FHA premium increases By Inman News Mortgage rates eased this week for the first time in a month, as signs of inflation remained subdued, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey. Rates on 30-year fixed-rate mortgages averaged 4.8 percent with an average 0.7 point for the week ending April 21, down from 4.91 percent last week and 5.07 percent a year ago.
This year, rates on 30-year fixed-rate loans have ranged from 4.71 percent in early January to a high of 5.05 percent in February. The 30-year fixed-rate mortgage hit an all-time low in Freddie Mac records dating to 1971 of 4.17 percent during the week ending Nov. 11. "Low inflation is keeping mortgage rates at bay," said Freddie Mac Chief Economist Frank Nothaft in a statement. "The core consumer price index rose just 0.1 percent in March, below the market consensus forecast. The 12-month growth rate in core prices was 1.2 percent, which is also rather low by historical standards." Freddie Mac's survey showed rates on 15-year fixed-rate mortgages averaging 4.02 percent with an average 0.7 point, down from 4.13 percent last week and 4.39 percent a year ago. The 15-year fixed-rate mortgage hit a low in records dating back to 1991 of 3.57 percent in November.
Rates on 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans averaged 3.61 percent with an average 0.6 point, down from 3.78 percent last week and 4.03 percent a year ago. The 5-year ARM hit a low in records dating to 2005 of 3.25 percent in November.
Rates on 1-year Treasury-indexed ARMs averaged 3.16 percent with an average 0.6 point, down from 3.25 percent last week and 4.22 percent a year ago.
Looking back a week, a separate survey by the Mortgage Bankers Association showed demand for purchase loans was up a seasonally adjusted 10 percent during the week ending April 15 compared to the week before.
The increase in purchase loan applications to the highest level since Dec. 3 was largely due to a 17.6 percent increase in applications for government-backed loans, the MBA said. Borrowers were likely motivated by a scheduled increase in FHA insurance premiums, the group said.
Despite the surge in demand, purchase loan applications remained 11.4 percent below the level seen at the same time a year ago, the MBA said.
Requests for refinancings were up 2.7 percent from the week before, but accounted for 58.5 percent of mortgage applications, the lowest share since May, 2010.
MBA economists expect rates on 30-year fixed-rate loans will average 5.1 percent during April, May and June, and climb to an average of 5.6 percent during the final three months of the year.
In an April 14 forecast, MBA economists predicted that rates on 30-year fixed-rate loans will rise more gradually next year, to an average of 6 percent in the final three months of 2012. Copyright 2011 Inman News |
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So far this year, Waupun’s real estate market (53963 zip code) is staying steady as far as the number of homes sold compared to last year. As I look at the sales statistics for the period of January 1 through April 1, there were 19 closed sales reported to the Multiple Listing Services in 2010 and 19 closed sales reported this year. The stats also indicate more Waupun area country homes sold this year than last year at the same time. Last year, during these first three months, the sales reported were at 94% of list price. This year, the ratio is down to 91 %. This year there were more lower priced (usually foreclosure homes) and an increase in higher priced properties sold in the first quarter of 2011.
As you know, WE LOVE TALKING REAL ESTATE…So if you ever have questions about the Waupun real estate market, do not hesitate to call us at 920-324-5200.
Displaying blog entries 1-10 of 24
