2024 Lake Geneva Outlook
In early January of 2023 I wrote my market forecast and suggested that inventory would remain tight in 2023 and that pricing would be difficult for buyers. I added that sellers … Read more
In early January of 2023 I wrote my market forecast and suggested that inventory would remain tight in 2023 and that pricing would be difficult for buyers. I added that sellers … Read more
Even as the market normalized during 2023, we still managed to keep our average sales price in line with the prior year. One of the many reasons I don’t like … Read more
While some are busy struggling to explain how property taxes work, let’s discuss the actual Lake Geneva market. Maybe someday I’ll write an article on how property insurance works, but … Read more
If you pay attention to our lakefront market, you know there is a rather heated debate about the persistence of off market transactions. While many market participants decry the practice, … Read more
The new winter issue is now available. Perhaps you’ve grabbed a copy around town, or perhaps a mailed copy has found its way to your mailbox. If neither of those … Read more
Something the market doesn’t discuss very often is the relationship between the lakefront homes sold and the total addressable market. You can see the total front feet sold tends to … Read more
That’s how the structure footage factors into value, but what about the price per square foot of land mass? This metric can be egregiously skewed from year to year, but … Read more
Your 2021 Lake Geneva lakefront condominium year end review.
The lakefront condo market cranked out a remarkable number of sales during 2020, but don’t expect the same in 2021.
Geneva National is a nice association with a somewhat difficult past. 2020 proves the market has rebounded, and perhaps this time, for good.
In August of this year, it’ll mark 24 years that I’ve been sitting at this desk. That means I’ve spent the majority of my life thinking about this market. In … Read more
In contrast to my accurate prediction for Geneva National last year, I admit to you this morning that I was dead wrong about my prediction for the lakefront condo market. … Read more
Geneva National is back, and it really is better than ever. Sure, there are still homeowners residing inside these brick and cedar behemoths that were built prior to 2006, those … Read more
There are few market segments that I find as curious as Geneva National. Under no other particular context does one association make up its own market segment, but here we … Read more
Several of our vacation home segments finished 2017 without a particular narrative. They were nice markets that had a nice year. Nothing more, nothing less. No major breakthroughs, no particular … Read more
That’s a mouthful. I’m sure there’s a better way to say it for search engine optimization, but the market is best defined in that way. The market isn’t particularly flashy. … Read more