Enjoy the tranquility of the northwoods just minutes from shopping, schools, and lakes. Subdivision offering nature trail and creek. 4+ acre homesites available.

For more information, please call Keefe Real Estate at 800-690-2292.

Let us all honor (and thank) the men and women who have served; and those who continue to serve this great country.

This conservation development is still drawing interest today, it offers bike & nature trails, community parks, and well planned conservation areas. Come with house plans and select your unique home-site today. Only 17 home-sites remain. Independent builders are welcome.

Please contact Keefe Real Estate at (877) 725-6895 for more information.

...will remain unchanged in 2009 unless you are located in a certain areas. No suprise, given the decline in average prices nationwide.

Here's a great article from the Sun Times on this wonderful and unique feature of Lake Geneva.

Geneva Club home within Geneva National. WOW is the first word when walking in the front door. Custom built with a floorplan that is set for private spaces, yet open to entertaining. Windows, sky lights, artistic lighting, hot tub, sauna, decks, along with Arizona stone and redwood give this home its artistic feel. Not meant for everyone, only meant for a certain one. Walk-in today, or take a quick peek here.

Lots of history in this 5 bedroom, 2 bath farmhouse on a main road in Elkhorn. Built in the late 1800’s, it use to be Hartwell Dairy Farms. Story goes that a Hartwell married a Getzen and while they were milking cows on the main floor of the farm, they were assembling musical instruments on the top floor. Today the property offers unique opportunities with the M1 zoning on 1.82 acres, with the farmhouse, 7,350 sq ft main building, plus 1,000 sq ft outbuilding & 1 car detached garage. Recent renovations of windows, siding & new front porch to match what the property looked like in the early 1900’s. For more information, click here.

Do you always need a new survey on a real estate transaction? The answer is no!!

Many people think it is a lender requirement and that a new survey is needed on all transactions that are financed, however, we as a Title Company will waive survey exceptions on the mortgage policy for the lender without a new survey. Also, if an acceptable survey is provided to us, no matter how old the survey is, and there have been no improvements since the date of that survey, we may be able to waive the survey exceptions on the owners policy. Just provide us with a copy as soon as feasible, we will review and let you know if it’s acceptable or how to proceed.

When should you have a new survey?

You should have a new survey on new construction or spec homes or if the property has had improvements since the last survey was done, with respect to pools, outbuildings, new deck or patio, or extensive landscaping.

It is always a good idea to have a survey on the property you are buying or selling, but it is not absolutely essential that it be a new survey. This is negotiated as part of the Offer to Purchase and what is comfortable to all parties. It is also beneficial to seek legal counsel to assist you in determining whether you should have a new survey prepared.

At Southeastern Wisconsin Title Company, LLC, we provide a wide range of services in addition to closings. Please ask us about our 1031 Exchanges and Construction and Escrow services. We are Insuring Your Investment and strive to create a quality experience for you as we guide you every step of the way.

Call Audra Buggs, President, at (262) 723-5566 or visit www.sewt.net.

The final 3rd quarter sales figures are in and they illustrate the difficulties of the Walworth County real estate market in stark detail. Sales of $79.1M for the normally busy 3rd quarter represent at 40% decline from the 3rd quarter of 2007 and a nearly 50% decline from the same quarter in 2006. At the same time, the number listings actively on the market is 30% higher than in 2006. This mismatch between supply and demand is illustrated by a metric called the “absorption rating” which can be thought of as the ratio between sold listings and new listings. The following graph shows the trend of the absorption rating over the last few years for Walworth County and the MLS as a whole calculated on a 12 month moving average to remove seasonal effects. Considering that this ratio is a measure of the balance of supply and demand, its clear that a significant imbalance has developed and has been getting steadily worse over a period of 3 or 4 years.



The steep and continuing decline in total sales volume is easily seen on a graph of sales by quarter (with seasonal effects removed). Note that we are below the long-term trend line with no sign of a the situation reversing itself. This is consistent with the theory that asset bubbles overcorrect, even on a local level, and that we are likely to see some ups and downs before things stabilize. Its also interesting to note that we are nearly back at 2002/2003 levels of sales volume much like the stock market.




Part of the steepness of the drop in sales volume is attributable to the resistance of sellers to lower asking prices. Buyers, recognizing the huge amount of inventory, are demanding greater price concessions and very concerned about overpaying in a declining market. The result has been a stand-off between seller and buyer. Until the sale price of homes declines more significantly, sales volume with continue to diminish. One positive development for the market (if not for home sellers) is that in the 3rd quarter, median sale prices in the county showed their first significant drop. The drop of over 7% could mark the beginning of a turnaround in sales volume. It remains to be seen if this turnaround can be sustained with an impending national recession.

A conservation neighborhood of 35 lots, Meadowview Estates features rolling hills, ponds and a 160 acre park next door. This is the place to build your home of distinction. In keeping with a philosophy of conservation, the homes, individually designed for each lot, will be sited for privacy. Located halfway between Lake Geneva and Fontana, Meadowview Estates has quick access to highways to Chicago and Milwaukee. From downtown Lake Geneva, follow 120 South to Highway BB, then West on South Lakeshore Drive.

For more information, please call Keefe Real Estate at 800-836-6927.