Most of the types of homes you will find in Wisconsin real estate are going to be vacation homes, farm homes, small houses, and apartments. For vacation homes you will find a choice of log homes or some of the more palatial style homes for the rich and famous. Often the style of home is the western look with a lot of rock or slate and wood inside and out. The real estate usually offers a fire place to keep the heating bill lowered during the cooler months. The economy is mostly based on manufacturing, agriculture, and health care around the state and especially the larger cities. This means that the housing available will cater to the needs of the state.

Currently real estate in Wisconsin is seeing a hit. As you can imagine with the sub prime mortgages and foreclosures around the United States Wisconsin is just one of the places feeling the crunch. This means for those who have the budget to build or buy a home they are looking at some really great deals on the buying side. Already in some areas of Wisconsin they are seeing changes in the number of homes being sold. In Racine County for single family homes they have seen a decrease in the number of sales in the past three years. In 2004 74% of homes were sold that were on the market. For the 2007 year only 42% of the homes on the market were sold. This means that more than half of the homes on the market have not sold.

No Comments »
Filed under: General