Haylee Koskey

We would like to thank everyone who came out in support of our latest fundraising events for Haylee Koskey.  The fundraiser benefited Haylee and her family.  Haylee who is 3 years old was born with Down’s Syndrome and was recently diagnosed with Leukemia.  We were overjoyed to have Haylee attend our fundraiser and are extremely grateful to the community for your support. 

If you were unable to attend our event but would still like to help Haylee and her family you can always contact us at homes@teamtappe.com.  Please continue to view our blog for upcoming events that support our community!

Thanks again!

Team Tappe & Keller Williams Integrity Realty –

The Greater Wausau Area Real Estate market has continued to heat up since it’s low point in late March.  The trend upward has been gradual but steady.  As of July the market has posted a 21% improvement in units sold but is still off 33% from a year ago.  The average home sale price is still off by 5% year to date and as of this report was $141,838.

Reports around the country are beginning to look more optimistic but still have a considerable way to go before they’re out of the woods.

With the market trending upward, this is a great time to be in the market for a new home!

Thank you and make it a Great Day!

Sean Osborn – President Team Tappe

For additional information please contact 715-849-5300.

 -Team Tappe

The average home sale price as of April 25, 2008 was $132,227; down 9% from a year ago.  A majority of the sales were in the $120,000 to $160,000 price range.

With interest rates still near historic lows it is a great time to be in the market for a new home.

For quick and easy loan pre-approvals call us at 715-849-1690 or email us at Homes@TeamTappe.com. 

Thank you!

– Sean Osborn President Team Tappe

www.TeamTappe.com

Fed Chairman Bernanke indicated that the Fed is prepared to cut interest rates again to head off a recession.  Unfortunately, lower interest rates which provide fuel for the economy also have a tendency to create upward pressure on prices.  Bernanke clearly understands the need to create money supply to help a slumping economy, but also the need to not over extend credit which can further complicate an already difficult situation.

The continued decline in interest rates create a great opportunity for home-buyers and sellers in our market.  Home prices have remained virtually unaffected in our area and lower interest rates will increase buying power and more house for the money!

The current rates as of February 29, 2008:

30 Yr Fixed        5.875%
15 Yr Fixed        5.25%
3 Yr ARM           4.5%

Thank you for taking the time to read our blog; comments are always appreciated.  You can also visit our website, www.TeamTappe.com for updated homes available.

-Sean Osborn- President Team Tappe
 

Once again mortgage rates are hitting near historical lows and those in the market to buy real estate are reaping the benefits.  These rates were posted by Associated Bank on 1/14/08:

30 year fixed      5.625%

20 year fixed      5.625%

15 year fixed      5.125%

3 year Arm          4.69%

5 year ARM         5.09%

7 year ARM         5.35%

(Based on $100,000 minimum loan, credit score of 680 or higher, other variables may apply)

With the cost of money continuing to decline this is the perfect time for buyers to enjoy real purchasing power and get into the house they’ve been dreaming about.  If you are looking to buy a home, contact us now before rates go up!

-Team Tappe

Email us: homes@teamtappe.com or visit our website www.TeamTappe.com

Call us: 715-849-1690

2008 is shaping up to be another great year to buy and sell real estate!

-Sean Osborn

Team Tappe President

As Realtors we often get asked, “How can I improve the value of my home?”  Unfortunately there is no easy answer to that question.  It is always imperative that a qualified Realtor do a thorough walk through of your home and do a comparative market analysis before recommending costly improvements.  Sometimes increasing your value may be as simple as new paint and staging your home to give it the best appeal.  According to Realtor Magazine published by the National Association of Realtors a home that is “staged well” and are in good condition sell faster and for approximately $2,000 more than homes that are not!

Before spending any of your hard earned money on unnecessary improvements, make sure you do your homework.  Take a look at these 4 resources to help you in the process and  be sure to call your Realtor first!

5 Recession Proof Remodeling Projects

10 Tips on Staging Your Home

Stage this Room!

Do It Yourself Staging

-Team Tappe-

The number of residential home/units sold has declined 10% year to date to finish the month of November at 1480 units.  We have also seen the average home sales price fall 1% from a year ago to $147,007.  Even with some modest declines the Greater Wausau Real Estate market has stayed fundamentally stable, and outperforms many other areas in the Midwest.

It is important to remember that in a challenging market high visibility via a proven comprehensive marketing plan and effective pricing are the key to your success. 

Go to TeamTappe.com to see how we can give you a distinct advantage in getting your home sold!

-Sean Osborn

President Team Tappe