Geneva National Market Update
I think the Pursuit is the finest center console boat made today. The Boston Whaler gets a larger share of the spotlight, but the beam of a Whaler Outrage is … Read more
I think the Pursuit is the finest center console boat made today. The Boston Whaler gets a larger share of the spotlight, but the beam of a Whaler Outrage is … Read more
It’s dark now, but light enough to see that the sky and the ice and the horizon are the same dull gray. I think he’s in there. He has to … Read more
You have never contended with real wind unless you have lived in Steinbach, Manitoba. There is wind here, in my village and in your windy city, but this wind is … Read more
There is a strange feeling in the market this morning. It’s not so strange on the selling side, as this always exists there, happily, contentiously, whatever the situation wherever the … Read more
Winter is good for a lot of things. Without winter, that red headed kid who snowboards would only be known as the red headed kid who skateboards. Without winter, flora … Read more
New year, old year, activity on the lakefront remains. The day doesn’t matter much. Snow or sunshine, 52 or 14, it’s just the way it is. Denzel Washington keeps climbing … Read more
In light of the post from Tuesday, this might on the surface appear redundant. I struggle with redundancy here, as you already know. Monday: It’s beautiful at Lake Geneva! Tuesday: … Read more
I’m going to assume that Jack Welch is smarter than I am. This is not an easy admission to make. It’s this assumption of superior intelligence that left me bothered … Read more
In 2004, at what was the height of the national tear down craze, the tear down had already elevated to hated status. Not hated by the tearee, and not so … Read more
Later this month, when it is winter, I will tell you how wonderful it is. I will write about the snow and the frost and the ice, and I will … Read more
If we’re going to be fair about it, we should still consider the South Shore Club a work in progress. One weekend in the middle of December, I made a … Read more
There is much confusion amongst agents, buyers, and sellers when it comes to the definition of a Geneva lakefront home. As our eyes see it, a lakefront home is a … Read more
But if you decide to make thrills your regular diet and try to prolong them artificially, they will all get weaker and weaker, and fewer and fewer, and you will … Read more
The water is deep off of the southwestern tip of Cedar Point, but it does not get that deep as quickly as you might think. It is a lingering drop … Read more
Just as small municipal market statistics can be skewed by a particularly top heavy or an especially light year, so too can individual segments of those broader, if still small, … Read more
One night in the mid 1980s left me with an indelible, unexpected memory. It was Christmas Eve, and like nearly every Christmas Eve of my youth it was spent inside … Read more
If you must know one thing about Lake Geneva, please know this. Location, location, location is only surpassed by Viking, Waterworks, and Visual Comfort. There are three lakefront properties pending … Read more
The end of this year on this site will bring many market reviews. I’ll review the lakefront market by segment, the lakefront condo market, the lake access market, Abbey Springs, … Read more
The matter of timing is a curious thing. In life it is everything. In fishing it is too. And in real estate, it is everything and just a little bit … Read more
I once proudly declared that I was the leading agent for total transaction sides involving lakefront condominiums on Geneva Lake. I held that distinction for many years. I would routinely … Read more
So what exactly happens now? Well, that depends. The Lake Geneva vacation home market will continue to move, but the steady pace of fall will, or has, given way to … Read more
I have heard rumors that some people, people other than myself, can engage in a distant vacation and leave their troubles behind. Advertisements would have us believe this is a … Read more
I felt a little bad for picking on Clark Griswold earlier this week. He should have owned a vacation home in Lake Geneva, but he was obviously a middle class … Read more
Holiday movies come in many shapes and sizes. It’s a Wonderful Life, a story that might as well have been written about my life and my struggles with my very … Read more
I have made no secret of the fact that I dislike Delavan Lake. That I dislike this lake and others like it is easy to explain. If one spends one’s … Read more
To describe market conditions it is generally necessary to paint with the broadest brush one can find. Real estate trends and valuations are not unlike employment statistics and death. If … Read more
It does not feel like winter today. The Christmas shopping, the accompanying music filling the airwaves, both pushing us towards a winter holiday, but it doesn’t feel like winter. Sure … Read more
There is nothing pretty about quartering a 22 pound Butterball turkey. This is particularly so when the bird is still partially frozen and the knife of choice has spent its … Read more
I have committed many sins inside of the Abbey Springs gates. The gates are innocent, the winding streets are as well, but my behavior inside those gates has been anything … Read more
Low volume markets typically have a hard time establishing a pattern of recognizable value. This is the reason that Kenilworth vexes those statistics that cover the back page of the … Read more
Showcasing the lowest of low bars for entry into the real estate business, I went to real estate “school” at night. When I was in high school. I went to … Read more
View Larger Map A year or so ago there were as many as eight units on the open market at Fontana’s Abbey Hill. It seemed, to a casual onlooker, that … Read more
Many noble thoughts enter into the minds of those contemplating a vacation home purchase at Lake Geneva. If the contemplator had the good fortune to experience a taste of Lake … Read more
Just as spring in our resort market is a time for building inventory and increased expectations, late fall is a time for shedding inventory and lowering expectations. As November fades … Read more
It was a day much like this one. Dark, wet, dour. I can’t recall what motivated me to drive through the countryside towards my northward destination some 15 years ago … Read more
If you were to close your eyes right this very moment, squeezing your eye lids together so tight that it forces your face into a strained unintentional smile, and picture … Read more
Before my time, before I sold real estate and before I had a Saab 900, before I caught my first fish and before I was alive, there was a time … Read more
That the lakefront market is hot provides no consolation to the rest of the vacation home market. There is no joint feeling of relief when one lakefront sells and renders … Read more
As the lakefront market soars into November, the entry level lake access market is, at best, grounded. At worst it’s moving slowly in reverse, but likely it is stalled, neither … Read more
When you peel back the layers of the Occupy movement, if it can or should even be labeled such, past the filth and the yelling, beyond the bongos and the … Read more
When I was a boy, I went to school. At first, the school days were hot and sweaty, my ADD roiled by the sultry classrooms that lacked air conditioning. At … Read more
I’ve been a bit top heavy of late, redundant even, focusing on the lakefront market on Geneva perhaps more than some of you might like. I’ve been telling you what’s … Read more
Many years ago, there was a time when selling a Bay Shore condominium should have been easy. At that time of apparent ease, it was, in fact, difficult to sell … Read more
You might think there is an insatiable appetite for vacant land on Geneva Lake. The lake has been nearly filled for many generations now, but as with any nearly full … Read more
Some people find their way to apple orchards when the leaves are still green, the sun still high. I am not one of those people. When that sun is high, … Read more
There are lots of rules at the Harvard Club. You can’t have your dog with you from the third weekend in June through Labor Day. You can’t plant trees or … Read more
One of the oldest individual mysteries in the real estate world is the answer to the question that asks why a buyer bought what he did. If 20 homes are … Read more
If I were sitting near Wall Street today, wearing my favorite hemp necklace, holding up my sloppy poster adorned with misspelled words of blame, wreaking of pharmaceuticals and pointing to … Read more
This week has left me a bit dazed. I was on the water yesterday, and for a brief moment, when I closed my eyes, the sun and the breeze and … Read more
In 1995, Tony Rezko purchased a second floor condominium in Stone Manor. Tony, at the time, wasn’t particularly well known then, at least not in the infamous context that he … Read more
When I walked to the pool this late morning, a short, delightful little walk over crushed granite hemmed with cobbled stone, I was dismayed to find one other person already … Read more
Weekends like the one now past never used to provide the test to my sporting allegiances as they do now. The Badger, the nasty, potent, juggernaut Badger, taught the Cornhusker … Read more
When the weather is unruly during a month like June, it is unfortunate but it is not insurmountable. If June is dark or cold or wet, it will put us … Read more
The entry level lake access market as it relates to Geneva Lake is a tortured market, of sorts. On one hand, the market benefits from a price point ($150k-$500k) that … Read more
During the spring of 2010 I was working with a buyer who was, in fact, not just any buyer. Which isn’t to say that any buyer is a boring buyer, … Read more
If you’ve made a snap judgment as to my athletic prowess based on my current wheezy state, you might find it difficult to believe that at one point, many, many … Read more
Some time ago, a seller of an unusually large and exquisitely appointed lakefront condominium asked me what I felt that particular unit was actually worth. I told him. He was … Read more
Last Friday, I drove from Lake Geneva to Saint Charles. I didn’t drive there to measure the chocolate nature of the river there, or to admire the cute downtown. I … Read more
It is true that self employed individuals can have schedules that more easily accommodate deep rooted desires of the heart. It is also true that those who are well employed … Read more
If Abbey Springs were a perennial flower, it would currently be residing in some sort of hall of fame for perennials. It would have a plaque by its unwithered blossoms, … Read more
I turned my heat on last night. I didn’t want to, but in my house, I get accused of leaving the heat off as long as possible not just because … Read more
There is a belief, held by some, or by most, that assumes most people who were investing in real estate over the last decade had some sort of intelligence. The … Read more
In March of this year, a fine lakefront home on Bonnie Brae sold for $2.625MM. The price paid per front foot of lakefront was $17,500. Then in May, a buyer … Read more
I imagine enjoying these late summer days in the fashion that I do is similar to spending time with a loved one who is on the verge of dying. Moments … Read more
My lakefront sale from Friday wasn’t the only sale of consequence last week, even if it was the sale that made me feel the most heroic. The Lake Geneva vacation … Read more
If you took a snapshot of the lakefront, choosing any particular stretch of homes that numbered at least 100, I would estimate that as many as 30 of those owners … Read more
When three boys are 4, 8, and 11 it is difficult to fit all three into the back of a blue Chevy station wagon, but not impossible. If you align … Read more
I mentioned this briefly last week, but the topic of fall price reductions at Lake Geneva deserves a bit more commentary. In the past week, there have been several price … Read more
All lakes have weeds. The Dead Sea might not, but it’s a sea, not a lake, so my first statement stands. The Salton Sea also might not have seaweed, but … Read more
This race has not been being run for long, but as the runners pass us by today, it is still quite clear that the finish line is miles and miles … Read more
I vacillate between an altered line of thinking that places value on a view of the lake over proximity to the lake. I understand both, and I think the determining … Read more
When I was a child, I can’t remember going to the fair but maybe once, or twice. Similarly, I don’t remember going to Venetian Fest at all. Maybe I did, … Read more
As much as I look forward to the day when I can sit here and tell you that the current foreclosure cycle is dwindling, it is obvious to me that … Read more
I spent at least two hours last night on a ladder, or at least one half of a two piece extension ladder, my left pocket full of nails, my fingers … Read more
Right about now, hundreds of kids are getting their farm animals ready to show at the fair. Blue ribbons await those with the most healthy, finely groomed rabbits, cows, sheep, … Read more
My life, the only life I have, is speeding by. Days that felt like weeks now feel like hours, and those weeks? Well, they feel like days. Seasons rush over … Read more
Yesterday, a rich person woke up, drove to a title company, and then closed on a lakefront home on the bluff of Cedar Point. This rich person paid $1.54MM for … Read more
I’ve entertained the thought that I should become the Morningstar of real estate. Perhaps instead of selling real estate, I should simply and solely comment on it. I could be … Read more
The jolt from the explosion knocked my Dodge truck into neutral, causing me to coast down the road a ways, north, far enough to understand what I had just done … Read more
There is a long standing theory that would seek to convince us that in times of economic uncertainty and dwindling stock market returns (or accelerating losses) investors turn their focus … Read more
The ultimate manifestation of real estate boom naivete was shamelessly on display during the condotel boom of the 2000s. The concept took off in cities like Las Vegas and Miami, … Read more
There are different kinds of hot. There is summer hot, a delicious blend of heat and humidity that causes people to jump into large earthen bowls of water. There is … Read more
Depending on where you spent your July, your July was either an amazing example of what July can and should be, or it was a month bursting with too many … Read more
The price range that I assign to the entry level lake access market has a tendency to change. I’m aware that I do this. Sometimes this price runs to $500k, … Read more
When people ask me how the market is, I generally and consistently assume they’re asking me in a rhetorical manner similar to when the check out girl at Sentry asks … Read more
Not even the promise of a lobster boil can save me from my foul mood this morning. A deal I’ve been working on for a few months has all but … Read more
Ladders can be used for lots of things. They can be used for work, to climb to the highest rung and dangle with a paint can and brush, leaning frightfully … Read more
To describe something as being “back in the day” is to assign that something to a very vague time in the past. If my grandmother were to say that something … Read more
I think Clark Howard is a little goofy. Maybe I think that because I feel deep condemnation and guilt when I hear him talk about all the things that financially … Read more
There is a nice lakefront trend presenting itself this summer, if only we’ll take notice. The lakefront market is moving fluidly, and there have been rational sales this year carried … Read more
The hottest town on the planet earth is Princeton, Illinois. This is a fact. I have spent days there in heat that rivals any heat I have felt elsewhere, and … Read more
View Larger Map Earlier this summer, I spent a few days calling and emailing, telling customers and clients about a lake access cottage that I wanted at least one of … Read more
I’ve priced many, many homes in my life. These homes have been big and they have been small, and the prices have been both mine and they have been set … Read more
Dear City of Lake Geneva, I write this letter with a heavy heart. Hopefully the heaviness I feel is emotional, not a result of a deeper, undiagnosed valve problem, but … Read more
There’s a little known real estate secret that I’m about to share with you, so huddle up. July and August usually aren’t great months for the Lake Geneva real estate … Read more