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Displaying blog entries 31-33 of 33

Sand on the Riverfront - Riverfront Park, La Crosse

by Judy Gull

After the success of last year’s event, CenturyLink’s Sand on the Riverfront is back in 2011. The fundraiser, hosted by Riverfront, a nonprofit organization that provides services for the disabled, will take place at Riverside Park in La Crosse August 19-21.

Sand on the Riverfront’s theme for the year will be “Sports of all sorts,” which will include a new event for 2011: a 3-on-3 basketball tournament on the 20th. Riverfront handed out awards to event winners in 2010, but with the organization accepting donations, everyone truly goes home a winner.

Riverfront has been helping disabled adults find employment and homes since it was founded in 1977 in La Crosse, Wisconsin. Since then, the nonprofit has expanded to six offices throughout Wisconsin, employing almost 300 people to provide constant support for the state’s disabled community. The organization provides training, living support and recreational programs that allow over 1,700 disabled members of the community to live independently and find success in their lives.

Admission and registration to Sand on the Riverfront is free, but donations will be accepted and support of the Riverfront organization is encouraged. You can find out more about the Riverfront organization or CenturyLink’s Sand on the Riverfront for 2011 at www.riverfrontinc.org, or by calling 608-784-9450. Don’t miss the fun in beautiful downtown La Crosse!

La Crosse Housing Market Staying Strong

by Judy Gull

It’s no secret that housing and real estate markets all over the country have been hurting for the past couple of years, but there are areas that are improving and even showing evidence of growth. La Crosse, Wisconsin is one of those areas that continues to thrive, despite being in a recession. La Crosse has exciting housing trends, as well as plenty of spacious and comfortable living options to offer new home buyers.

In 2011, the La Crosse housing market has seen a sharp increase in median sales price. In January of this year, the median price was $125,500, but in just six months that number has risen to $143,000. With the median sale price climbing, potential home buyers should be encouraged to look for their dream home in the La Crosse area during the remainder of 2011.

Home sales in the area are down from a year ago, but considering that first-time home buyers in La Crosse were supplemented by the Federal Housing Tax Credit Program in 2010, the drop off is not a real setback for the market. In fact, home sales actually increased from May to June, showing that there may be more growth to come later in the year.

The declining unemployment rates in the area make La Crosse real estate a stronger market. According to the Wisconsin Realtors Association, the housing market should receive a healthy boost with more residents working. The state of Wisconsin’s unemployment rate is under the national average and with 25,000 jobs already added this year, things are definitely looking up for the state, the area of La Crosse and for Wisconsin real estate in general.

Should I Buy a Home Now?

by Judy Gull

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

Displaying blog entries 31-33 of 33

Contact Information

Photo of Judy Gull Real Estate
Judy Gull
RE/MAX First Choice
757 Sand Lake Road
Onalaska WI 54650
Direct: 608-781-7714
Fax: 608-783-4263