About Oneida County, WI

Some good news for a change! We reached over 100 units sold for the first time in 2009 and the most units since last October. 109 units sold in October vs. 122 last October. It's a start!

The above are home unit sales by month for the past 24 months. Some bad news is that 2009 unit sales have been below 2008 unit sales for the past 12 months. One month, April, almost surpassed the previous year 76 vs. 77 units. The largest gap was between December 2008 vs. December 2007 where 72 units were sold in 2008 vs. 179 units were sold in 2007.

One thing becomes quite clear on this chart is the beginning of the real estate slowdown. If you throw out February, March and April of 2008, the rest of the year was relatively strong. Those three months are historically slow periods in Northwoods real estate. October 2008 was the final strong month for Northwoods real estate with sales of 122 homes. Since that time, we have had only one month with sales above 80 units (August 2009 saw 84 units sold).

What will the future hold? The uptick in volume is certainly welcome news for sellers and REALTORS. The $8000 stimulus has helped in other parts of Wisconsin and the nation but it has not made a significant impact on Northwoods real estate. I remain optimistic that 2010 will surpass 2009 and that Octobers number, while not outstanding, are a step in the right direction. The one common element that the Buyers are looking for are "deals".

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Rear lot line abutts STATE LAND giving you access to thousands of acres of State Land. Easy access off highway, yet tucked away in quite Northwoods setting. Near Buffalo Lake State Campground/boat landing. AVW school district. Convenient location between Woodruff and St. Germain. Lots adjoining state land are getting harder to come by and now her is your chance to own one of those special lots. Call for your private showing today and own tomorrow in time for the deer season! Wont last and is only listed for $19,900.00

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Minocqua-Woodruff Rentals...income producer here with excellent numbers and currently 100% occupied. Three-Two story buildings with eight-two bedroom, 1-bath units complete with stoves, refrigerators, dishwashers and air conditioners. Well maintained, maintenance free siding, gutters, new roofs, too much to list! Set your confidential showing today! Located next to the senior center and all the amenities of town. Many tenants have been occupying units for numerous years making this an even better investment. Call for your confidential showing today! $1,499,900.00

NEIL PLUISTER (715) 367-7270 NEIL@VACATIONLANDPROPERTY.COM

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Minocqua/Woodruff area...Two-Lake Chain! Property on mostly State owned Lakes! 101 Feet of sand frontage, .75 acres of towering trees awaits your home plans on this excellent Musky, Walleye Panfish Lake! Madeline offers 159 acres with another 350 acres with adjoining Carrol Lake! No homes on Carrol and only a few on Madeline makes this a fishermans dream! Wont last! Only $199,900.00 CALL FOR YOUR PRIVATE SHOWING TODAY!

NEIL PLUISTER (715) 367-7270 NEIL@VACATIONLANDPROPERTY.COM

Not going down! That's the good news! The average numbers did not decline from the past 30 days and we can all be thankful for that piece of good news (except if you are a buyer). Some other good news is that Vilas County Transfer Tax is down only 15% from 2008. That is better than it has been. Transfer tax is the .3% that all sellers pay to the state when they sell their property. For 2009, we are presently down 40% year to date. So, the market is not falling as fast as it was earlier in the year.

Is it time to celebrate? Anyone who knows me realizes that anytime is a time to celebrate!! However if you are a buyer it may be time to pop the champagne. If you are a Seller, its still a bit of a drag out there.. The stimulus package has not improved the real estate market here in the Northwoods. We still have many summer visitors as there is no place on earth better to be than the Northwoods. The inventory is excellent. Interest rates are very good, too. There are incentives for those first time home buyers as well. Has there ever been a better time to buy?