Real Estate NOW October

7/27/2019 Real Estate NOW October

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Kwik Trip Coming to Rib Mountain

Dunkin' Donuts, National Chains Coming to Wausau Area

The town also plansto install a newtraffic signal at theintersection of Rib

Mountain Drive andMorning GloryLane, near the newKwik Trip, asrecommended bythe Streets andParks Department.However, it isuncertain when itwill be installed,Dziadosz said.

The Kwik Trip chain has been expanding in the Wausau area during thepast several months.

Read more here! 2013 Wausau Daily Herald

Construction has started ona new Kwik Tripconvenience store in RibMountains business district

the La Crosse-basedcompanys third new site inthe Wausau area thissummer.

The convenience store andgasoline station, underdevelopment along RibMountain Drive at 3700Mountain Road, isscheduled to open Jan. 1,said Dan Dziadosz, townbuilding inspector andzoning administrator.

The Town Board voted lastspring to approve the station

after rezoning the area,which formerly wasa car dealership.

The store will be 7,000square feet, which is thetypical size for Kwik Trips,Dziadosz said. The lot,developed by Bill Scholfield,is divided into three parcelsso one or two more buildingscould be added there in thefuture.

No other companies haveapproached the town inhopes of building along RibMountain Drive, said Town

Administrator Gaylene

Rhoden.

National coffee chain Dunkin Donuts will make its Marathon County debut this winter

with two locations, and developers say two more national chains are on the way.

Lokre Cos., a Wausau-based developer, will construct two new buildings for the

Dunkin Donuts franchise one free-standing store in Rib Mountain and another as

part of a new strip mall in Weston.

The Weston location will make its home at the corner of Schofield Avenue and Camp

Phillips Road, and the Rib Mountain location will be at the corner of Morning Glory

Lane and Rib Mountain Drive. Both stores will be about 2,000 square feet in size,

complete with drive-thrus. Lokre has been working with the doughnut chain for about a

year, and construction is slated to begin in October.

The Weston strip mall that will house Dunkin Donuts also will have open retail spaces

for future development. One part of the existing strip mall that sits empty could see a

national retailer fill the space in the coming months, Weston Administrator Daniel Guild

said.

Read more here!

2013 Wausau Daily Herald

Home Prices Still Surging ... For NowCommittee at S&P DowJones Indices, said in apress release.

Home prices have been on atear for the last twelvemonths.

Read more here! 2013 CNN Money

Home prices are still surging,but the pace of the gains hassteadied as interest ratescontinue to rise.

Prices for homes in thenation's 20 largest cities inJune rose 12.1% over thelast year, according to areport Tuesday from S&P/Case-Shiller home priceindex.

While that gain is still robust,it didn't quite match the gainof 12.2% reported for May.Rising mortgage rates maybe to blame.

"With interest rates rising toalmost 4.6%, home buyersmay be discouraged andsharp increases may bedampened," David Blitzer,chairman of the Index
http://www.wausaudailyherald.com/article/20130911/CWS03/309100446/Kwik-Trip-coming-Rib-Mountainhttp://www.wausaudailyherald.com/article/20130911/CWS03/309100446/Kwik-Trip-coming-Rib-Mountainhttp://www.wausaudailyherald.com/article/20130913/CWS03/309120467/Dunkin-Donuts-national-chains-coming-Wausau-areahttp://www.wausaudailyherald.com/article/20130913/CWS03/309120467/Dunkin-Donuts-national-chains-coming-Wausau-areahttp://money.cnn.com/2013/08/27/news/economy/home-prices/index.htmlhttp://money.cnn.com/2013/08/27/news/economy/home-prices/index.htmlhttp://money.cnn.com/2013/08/27/news/economy/home-prices/index.htmlhttp://www.wausaudailyherald.com/article/20130913/CWS03/309120467/Dunkin-Donuts-national-chains-coming-Wausau-areahttp://www.wausaudailyherald.com/article/20130911/CWS03/309100446/Kwik-Trip-coming-Rib-Mountain


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Wausau Area Residential Sales

All residential sales for 2013.Data recorded by MLS

*Chart includes sales by all Wausau Area real estate offices, not specifically Coldwell Banker Action.*


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Wisconsin REALTORS Association Housing Statistics

Wisconsin housing statistics compiled by the Wisconsin REALTORS Association.

*Charts include sales by all Wisconsin real estate offices, not specifically Coldwell Banker Action.*

All charts & data copyright WRA - 2013

Monthly Statistics:

Quarterly Statistics:


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Median Statistics

Foreclosure Crisis is Drawing to a Closehave receded in most

parts of the country,

although lenders and

communities continue

to clean up the

damage left behind,"

he added.

The mopping-up

process continues,

however. In August, for example, the number of homes

repossessed by lenders rose 6%, compared with July, to 39,277. But

that still represents a drop of 25% year-over-year, and is more than

60% below the peak of repossessions in September, 2010.

Read more here!

@ 2013 Wausau Daily Herald

Our long national

foreclosure nightmare may

be over.

The number of new

foreclosure filings in August

hit its lowest level in nearly

eight years, according to

RealtyTrac, an online

marketer of foreclosed

properties.

Soaring home prices and

a big decline in underwater

borrowers -- those who owe

more on their mortgage

loans than their homes are

worth -- have helped drive

the trend.

August's initial foreclosure

filings fell 44% to 55,575,

just below the 56,063 that

were recorded in October

2005. The foreclosure

crunch began in summer

2006, at about the same

time that housing prices hit

their peak.

"This is a strong indicator

that the crisis is over," said

Daren Blomquist, vice

president at RealtyTrac.

"The foreclosure floodwaters
http://www.wausaudailyherald.com/article/20130702/WDH0101/307020191/Medical-College-Wisconsin-announces-new-Wausau-location?nclick_check=1http://www.wausaudailyherald.com/article/20130702/WDH0101/307020191/Medical-College-Wisconsin-announces-new-Wausau-location?nclick_check=1http://www.wausaudailyherald.com/article/20130702/WDH0101/307020191/Medical-College-Wisconsin-announces-new-Wausau-location?nclick_check=1


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Homebuilders: Best in Years and Getting Better

Each office independently owned and operated.

A lean supply of homes for sale isboosting confidence among U.S.home builders. A monthlysentiment survey from the National

Association of Home Builders rosethree points in August to 59.

This is the fourth consecutivemonthly gain. The index is now atits highest level in nearly eightyears. (Anything over 50 isconsidered positive).

"Builders are seeing moremotivated buyers walk throughtheir doors than they have in quitesome time," said NAHB ChairmanRick Judson, a home builder fromCharlotte, N.C. "Firming homeprices and thinning inventories ofhomes for sale are contributing toan increased sense of urgencyamong those who are in the

market."

Of the three index components,current sales conditions rose threepoints to 62, sales expectations

over the next six months rose onepoint to 68, and buyer traffic heldunchanged at 45.

The builders noted that positivemomentum in the market could bestronger were it not for tight creditand low supplies of finished lotsand labor.

During the housing crash buildersstopped acquiring new lots andsome sold off the land they had.Many did not expect demand tocome back as strongly and quicklyas it has.

Such headwinds have analysts atRBC Capital Marketsdowngrading Pulte Group, citing"decelerating order trends and theimpact of higher interest rates onvaluation."

Read more here! 2013 CNBC
http://www.cnbc.com/id/100964905http://www.cnbc.com/id/100964905http://www.cnbc.com/id/100964905

Real Estate NOW October

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