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Janesville, WI Real Estate News

By Jerry Morse, BBA,GRI
(The Morse Company)
Great opportunity for you to have a place for your business and living quarters too!  Or, an investment property that is Business zoned with an apartment upstairs.   Great Business zoned property that has 2588 square feet, an upstairs two bedroom apartment and plenty of parking. 1328 Excalibur $239,000.00 Call me for a private Showing Jerry Morse, 608 754-5300 The Morse Company www.cometowisconsin.com jerrymorse@gmail.com  
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By Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto
(*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*)
The Janesville WI city council has decided to delay a decision on garbage collection.  In an effort to cut costs, they are considering reducing the amount of garbage they take in to the fill.   Will your garbage be left on the curb?  You may want to contact your Councilman to find out!  You can see the full report here: Janesville Wisconsin Garbage Reductions Regards,Michael Collins - BrokerRock RealtyRock Solid Real Estate StrategiesPO Box 2444Janesville, WI 53547-2444c: 608.921.8536f: 877.774.7625Mike@RockRealtyWI.comhttp://www.rockrealtywi.com/Follow us:www.twitter.com/RockRealtywww.facebook.com/RockRealtyMike
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By Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto
(*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*)
Memorial Day weekend is almost upon us.  To many it is a great summer time holiday that allows for grilling out, playing golf and having fun with friends.  We look forward to this weekend every year, making sure to put in our time off requests at work well ahead of time in preparation. Let's not forget why we celebrate this Memorial Day come Monday.  I know, many of us have already been getting those forwarded emails in our in-box reminding us that our slain veterans should be the focus.  We nod our heads in agreement and forward the emails on, feeling proud that we did our part to support our lost soldiers. This summer, lets do something a bit more.  This year, let's make an extra effort to honor our veterans.  Let's show a gesture to those that have died for our freedom by partaking i...
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By Julie Press-Raese, LLC, Realtor, ARB, CRS, GRI
(Century 21-Affiliated)
Wishing you and your family a wonderful and safe Memorial Day weekend! Looking for something fun to do with your family? Look no further! Southern Wisconsin AirFEST is proud to host TWO Jet Teams Memorial Day Weekend in 2010.  AirFEST is THE air show to visit this year, as they are the only civilian show in North America to host two jet teams - the USAF Thunderbirds and Canadian Forces Snowbirds.  Add to this lineup the always amazing US Army Golden Knights and the incredible Tin Stix and you'll undoubtedly witness one of the very best air shows in the world right here at Southern Wisconsin AirFEST! Here's the schedule: Friday Night Takeoff Party Gates Open at 5:00pmOpening Ceremony at 6:00pmRemembrance Table Ceremony (Vietnam Veterans of America, Rock County Chapter) Susan DacyF 18 Nav...
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By Julie Press-Raese, LLC, Realtor, ARB, CRS, GRI
(Century 21-Affiliated)
Party at the Pitts was a success!  Over 400 local business people got together to unite in a fundraiser for KANDU Industries!  Fun was had by all.  Great food, music and fireworks!  Hopefully this is an annual event as I believe the excitement will only grow!  Good job to those who planned and pulled off this grand event!
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By Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto
(*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*)
 Here is a great graph on the median listing prices in Janesville Wisconsin.  This information is supplied by Zillow.com  If you are considering selling your home in Janesville Wisconsin, please give me a call.  I would be happy to assist you. Town of JanesvilleHome Values Town of Janesville, WI Homes for Sale Get this widget   Regards,Michael Collins - BrokerRock RealtyRock Solid Real Estate StrategiesPO Box 2444Janesville, WI 53547-2444c: 608.921.8536f: 877.774.7625Mike@RockRealtyWI.comhttp://www.rockrealtywi.com/Follow us:www.twitter.com/RockRealtywww.facebook.com/RockRealtyMike
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By Julie Press-Raese, LLC, Realtor, ARB, CRS, GRI
(Century 21-Affiliated)
Have you heard?  KANDU is partying at Diane Hendricks' property on May 20th and all proceeds will benefit KANDU. Check out their website for event details and registration (www.kanduindustries.com). Funds will be used to support KANDU's mission and the following programs: Day Services/Memory Care, Return to Work, Supported Community Employment, Navigator Transition Program, Work Services, and more. Due to decreased public funding, KANDU has implemented a more broad based system of generating resources through its Fund Development activities. This event is just one example. Public funding used to represent 80% of our annual operating budget. Today, these funds represent less than 40%. Diane Hendricks' personal invitation message: Please join me in supporting a local organization that bui...
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By Julie Press-Raese, LLC, Realtor, ARB, CRS, GRI
(Century 21-Affiliated)
The last of the GM workers have been notified to get to Ohio in a jiffy or loose all benefits.  They were give a total of 3 days to make this decision and to report to work in one week.  This has been a difficult time for many people and hopefully the last wave will accept their destiny and make the best of it.  The good news is they will have a job with benefits most likely better than what they will find if they stay.  The bad news is that we may have another batch of new homes on the market in an already large inventory of homes for sale.  What does that mean to buyers?  Well, I would guess it would be a good time to find a nice home in still a very nice area.  I know there are people moving into town to be hired in at the newly constructed hospital.  Good news for Janesville. If you...
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By Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto
(*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*)
I came across this article earlier today regarding previous GM workers.  Over 120 laid off workers were sent a notice this week.  They can leave Janesville WI and move to Ohio where they are needed at another GM plant, or they can lose all the benefits they had been getting over the past year, including insurance. It's very sad that GM chose to not open the Janesville plant again.  I have to say though, given todays economy and job market, those 120+ people may want to think long and hard before turning this down.  I'm sure most people, like me, still have hopes that GM or another manufacturer will revive the Janesville Wisconsin GM plant and bring more jobs back to Janesville again.  It seems like such a waste to have that plant sitting idle and unused.  I still think we will eventuall...
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By Julie Press-Raese, LLC, Realtor, ARB, CRS, GRI
(Century 21-Affiliated)
Janesville Walk To Defeat ALS - May 15, 2010 Walk Check-in: 9:00 AM Walk Starts: 10:00 AM Location: Lion's Beach Park 1401 Palmer Drive Janesville, WI 53545   Another opportunity to help those in need!  Be part of the Janesville Walk to defeat ALS this Saturday. This is already the third annual event that is co-sponsered by the Janesville Noon Lions.   This is a very successful event and a lot of fun too.  It is amazing to see how many people know someone affected by this terrible disease.  If you'd like more info please go to:   http://web.alsa.org/site/TR?fr_id=6466&pg=entry I'll be there on Saturday....hope to see you there too!
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By Julie Press-Raese, LLC, Realtor, ARB, CRS, GRI
(Century 21-Affiliated)
With all the activity we had, I believe you'd want to know how April 2010 panned out. In the city of Janesville we had 152 new listings (single family) with 86 SOLD.  There are currently 642 active listings on the market.  The average sale price was $119,672 and sold in about 84 days on the market.  The average sale to list price % was 93%.  That is up from 91% in March and 89% in February. Janesville's Condo market had 14 new listings with 2 sales in April.  There are 64 active listings in the current condo market.  The average sale price was $87,000 and sold in about 154 days at a 87% of the list price. Janesville's Multi-Family market saw 13 new listings, 4 sales and an average sale price of $56,125 on the market for 81 days and selling for 86% of the list price.  In Janesville YTD w...
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By Jerry Morse, BBA,GRI
(The Morse Company)
The tax credit season is over!  Did it's increased activity create some confidence in the local market or will sales dry up! The next 60 days will still have a lot of closings created by the Buyer Tax Credits.  However, the next 60 days will tell the story by how many new offers get accepted after April 30. My guess is that the activity will taper off, but hopefully some serious buyers will perist.  There are no current plans for new incentives by the government.  But, if I had to make a prediction, it will be that if the market falls greatly, the administration and Congress will look at new incentives just before the fall elections! Stay tuned!   Jerry Morse The Morse Company www.cometowisconsin.com  
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By Julie Press-Raese, LLC, Realtor, ARB, CRS, GRI
(Century 21-Affiliated)
Tomorrow marks the second anniversary of the Cooperation Read for the school district of Janesville. Many of the Realtors and other business people in the area all get to read to school age children from 10:00am to 10:15am.  It was a great success last year and I'm sure it will be again this year.  The bottom line:  Give back to your community!  You just never know how much things like this mean to the people involved!  The kids love it and it shows them that people care as well. Go out and find something to do for someone...you just never know how good it will feel!  
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By Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto
(*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*)
Newest For Sale Homes in Town... Get this widget More Town of Janesville real estate
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By Julie Press-Raese, LLC, Realtor, ARB, CRS, GRI
(Century 21-Affiliated)
I am happy to say I am a new Grandmother! I didn't believe I was "old" enough to be a grandma!  But I was wrong! It's always scary to open a new chapter in your life!  I was lucky enough to be able to be part of the whole birth process which was stressful in itself.  It seemed much "easier" to have children than to be waiting in the backround.  Our little Payton was born on April 1, 2010.  A little April Fools baby.  Couldn't be more fitting!  He's just the sweetest thing. It just goes to show there is more to life than work!  Don't miss a thing....
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By Jerry Morse, BBA,GRI
(The Morse Company)
Where are we at in Rock County, Wisconsin! Has the market stabilized! Probably too soon to tell: New residential listings for March are up about 17% from last year. Sales for March are up about 33%.  However prices are down about 4.5%.  This is the third year in a row prices have receded.  However, the %age decrease is less than the previous three years.  This would indicate that the bottom is near.  The Tax Credit extension certainly helped to promote the increase in sales.  It will be curious to see what the end of the program will cause the market to do. It certainly has been nice to see an increase in the number of sales though! Tune in, in May for the rest of the Story! Jerry Morse www.janevillehomesellers.com  
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By Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto
(*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*)
Hello everyone. It is a good time to plant grass seed, since we are expecting rain in the Janesville, Wisconsin area. Remember to rake the soil and wet it down a little before laying your seed. Once the seed is down it is important to not let the ground dry out for a good week. Don't soak it down, but only keep the soil moist. It is recommended not to cover with hay, since you can introduce weeds. If you want to cover the seed then use a sterile mulch. There are those who recommend planting new grass in September because the new sprouts will establish and come right up in the spring. When planting seed under trees or other shady areas use a mix special designed for low light. Good luck and feel free to comment with any other advise. Regards, Michael Collins - BrokerRock Realty608-921-85...
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By Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto
(*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*)
The Janesville City Council has approved a plan to install sidewalks throughout the entire city. This plan over-rides any deed restrictions or covenants that run with the property. I believe this will lower property values and deter people from buying within the city. Home buyers specifically target areas without sidewalks for various reasons. Now, there can be no expectation for these kind of properties within the city of Janesville. The burden placed on existing homeowers is great. Many residents voiced their displeasure with this measure during an April council meeting. Some will have a bill of $5000 or more. A burden many can not bare during this down economic period. This is simply a bad move now or in the future. What are your opinons on this Janesville sidewalks issue. Please let...
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By Jerry Morse, BBA,GRI
(The Morse Company)
SELLERS, DON'T MISS THE BEST TIME TO SELL THIS YEAR! Right now you have the most opportune selling time because: 1.  Spring is always the busiest time in our marketplace. 2.  Interest rates are still really low. 3.  The First Time and Existing Homeowner Tax Rebates are good until April 30, 2010. 4.  WHEDA loans with no down payment are now available again! Don't Wait, Call me today for details! Jerry Morse, Broker www.jerrymorse.net www.jerrymorse.com  
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By Julie Press-Raese, LLC, Realtor, ARB, CRS, GRI
(Century 21-Affiliated)
What is Radon?Radon is an invisible, odorless and tasteless gas that causes no immediate health symptoms but medium and long-term exposures can cause lung cancer. It comes from the breakdown of uranium inside the earth. Simple test kits can reveal the amount of radon in any building. Buildings with high levels can usually be fixed with simple and affordable venting techniques. EPA information - www.epa.gov/radon/index.htmlEPA estimates that one in every 15 homes nationwide has a high level of radon at or above the recommended action level of 4 picoCuries (pCi/L) per liter of air. HOW RADON ENTERS THE HOMERadon gas can migrate into the home in several ways. Openings or cracks in basement walls or floors are common avenues. Sumps, basement drains, and spaces between gas or water fittings ...
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