Eau Claire Real Estate's Blog: All Categories

A report conducted by Global Insight Inc. for the U.S. Conference of Mayors holds dire predictions about the effects of the current mortgage industry problems. The report states that US GDP will be $166 billion lower as a result of the mortgage crisis, and there will be 524,000 fewer new jobs created in 2008 due to the ripple effects.

States that had the highest growth in property values in the recent past, such as California, Nevada, and Florida will be hit hardest by the mortgage industry problems. When home values were rapidly increasing, investors and speculators jumped on the bandwagon and helped to increase prices even further.

Apparently, investors and speculators did not flock to Wisconsin, but this could turn into a silver lining for the…

There were 23 residential homes sold in Eleva in 2007.  Real estate in the Eau Claire metropolitan statistical area did not experience a large price runup in the last few years, but that also means our market is more steady in slow times as well. Homes that were well priced sold in a reasonable amount of time for a decent (and still increasing) amount of money.

Here are the sales statistics for Eleva 2007:

Number of residential homes sold in the Eleva in 2007: 23

$  65,000     Lowest priced Eleva home sold in 2007
$  533,000   Highest priced Eleva home sold in 2007
$  223,909   Average price of Eleva homes sold in 2007
$  210,000   Median price of Eleva home sold in 2007 (median means half were more, half were less than this amount)

On…

There were 35 residential homes sold in Fall Creek in 2007.  Real estate in the Eau Claire metropolitan statistical area did not experience a large price runup in the last few years, but that also means our market is more steady in slow times as well. Homes that were well priced sold in a reasonable amount of time for a decent (and still increasing) amount of money.

Here are the sales statistics for Fall Creek 2007:

Number of residential homes sold in the Fall Creek in 2007: 35

$  29,800     Lowest priced Fall Creek home sold in 2007
$  315,000   Highest priced Fall Creek home sold in 2007
$  122,319   Average price of Fall Creek homes sold in 2007
$  121,000   Median price of Fall Creek home sold in 2007 (median means half were more, half were…

There were 35 residential homes sold in Elk Mound in 2007.  Real estate in Elk Mound did not experience a large price runup in the last few years, but that also means our market is more steady in slow times as well. Homes that were well priced sold in a reasonable amount of time for a decent (and still increasing) amount of money.

Here are the sales statistics for Elk Mound 2007:

Number of residential homes sold in the Elk Mound in 2007: 35

$  44,900     Lowest priced Elk Mound home sold in 2007
$  329,900   Highest priced Elk Mound home sold in 2007
$  157,145   Average price of Elk Mound homes sold in 2007
$  148,500   Median price of Elk Mound home sold in 2007 (median means half were more, half were less than this amount)

On average, Elk…

There were 199 residential homes sold in Buffalo, Pepin, and Trempealeau Counties in 2007.  Real estate in Buffalo, Pepin, and Trempealeau Counties did not experience a large price runup in the last few years, but that also means our market is more steady in slow times as well. Homes that were well priced sold in a reasonable amount of time for a decent (and still increasing) amount of money.

Here are the sales statistics for Buffalo, Pepin, and Trempealeau Counties 2007:

Number of residential homes sold in the Buffalo, Pepin, and Trempealeau Counties in 2007: 199

$  20,500     Lowest priced Buffalo, Pepin, or Trempealeau County home sold in 2007
$  549,900   Highest priced Buffalo, Pepin, or Trempealeau County home sold in 2007
$  118,638  …

There were 392 residential homes sold in Chippewa Falls in 2007.  Real estate in Chippewa Falls did not experience a large price runup in the last few years, but that also means our market is more steady in slow times as well. Homes that were well priced sold in a reasonable amount of time for a decent (and still increasing) amount of money.

Here are the sales statistics for Chippewa Falls 2007:

Number of residential homes sold in the Chippewa Falls in 2007: 392

$  11,800     Lowest priced Chippewa Falls home sold in 2007
$  710,000   Highest priced Chippewa Falls home sold in 2007
$  162,410   Average price of Chippewa Falls homes sold in 2007
$  147,400   Median price of Chippewa Falls home sold in 2007 (median means half were more, half were…

There were 98 residential homes sold in Altoona in 2007.  Real estate in Altoona did not experience a large price runup in the last few years, but that also means our market is more steady in slow times as well. Homes that were well priced sold in a reasonable amount of time for a decent (and still increasing) amount of money.

Here are the sales statistics for Altoona 2007:

Number of residential homes sold in the Altoona in 2007: 98

$  25,000     Lowest priced Altoona home sold in 2007
$  524,900   Highest priced Altoona home sold in 2007
$  176,955   Average price of Altoona homes sold in 2007
$  166,143   Median price of Altoona home sold in 2007 (median means half were more, half were less than this amount)

On average, Altoona homes sold…

There were 1007 residential homes sold in the Eau Claire Area School District in 2007.  Real estate in Eau Claire did not experience a large price runup in the last few years, but that also means our market is more steady in slow times as well. Homes that were well priced sold in a reasonable amount of time for a decent (and still increasing) amount of money.

Here are the statistics for Eau Claire 2007:

Number of residential homes sold in the Eau Claire Area School District in 2007: 1007

$  13,500     Lowest priced Eau Claire home to sell in 2007
$  850,000   Highest priced Eau Claire home to sell in 2007
$  156,195   Average price of Eau Claire homes sold in 2007
$  137,500   Median price of Eau Claire home sold in 2007 (median means half were…