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Waupun Area Real Estate Blog

House to Home Properties LLC


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October Home Sales

by House to Home Properties LLC

Home Sales Fall in October but Prices Are Stable

by David Clark, Economist

MADISON, WI - Home sales in Wisconsin fell in October but prices remained stable, according to the Wisconsin REALTORS Association (WRA). So far this year, sales of existing homes were down 6.9 percent with median prices down just 0.9 percent since January.

Did You Know: Net Worth, Home Owners vs. Renters

by House to Home Properties LLC

Did You Know: Net Worth, Home Owners vs. Renters

November 16, 2010

By Danielle Hale, Research Economist


  • In the past 12 years, the net worth of the typical home owner has ranged between 31 and 46 times that of the net worth of the typical renter.
  • Home owner equity is a substantial component of home owner wealth. The Federal Reserve's Survey of Consumer Finances, conducted once every three years, provides a snapshot of family income and net worth along with basic demographic details and more detailed information on where families keep the wealth they have accumulated.
  • The most recent survey, concluded in 2007, offers a picture of the situation before home price declines and the tumbling equities market hit household balance sheets. At that time, median home owners had well over $200,000 in net worth or 46 times that of the median renter who had just over $5,000. Furthermore, $200,000 was the median value of owners’ homes.
  • Looking at aggregate data, the National Association of Realtors® estimated the impact for renter and home owner households through mid-2010 taking home price and stock market performance into account. The result suggests that despite declines in equity and housing markets, homeowners have a net worth orders of magnitude greater than renters.
  • How has the recovery of the stock market and a sluggish housing market affected owners and renters? For the first time ever, the Federal Reserve resurveyed the 2007 participants in 2009 to directly measure how the crisis and recession affected their finances. These results are expected later this year.


This is one in a series of commentaries by the Research staff of the National Association of REALTORS®.

Honor a Veteran!

by House to Home Properties LLC

Make sure you thank a veteran on Thursday Nov 11th for giving to our country.  Without them we would not have the freedom and opportunities we have today.  We at House to Home Properties LLC want to thank you for all you did for us.

Should I Buy a Home Now?

by House to Home Properties

We are often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give us a call if I can be of any assistance in determining how much home you can afford in today's market.

Displaying blog entries 51-54 of 54