Tuesday, January 31, 2006

Midwest Real Estate News: Milwaukee's Momentum

Charlie Vlahogiannis, a staff writer for the Midwest Real Estate News, a publication published in Chicago, wrote an article that features this great city we call home. In the article, he writes about the state of our economy today and where we might be headed. So sit back, buckle up, and be prepared for a rush of a ride into the future. Milwaukee's future looks promising!

Click here to read the entire article on Midwest Real Estate News.

JSOnline: Building touted for job benefits: MMAC endorses city support of downtown Manpower headquarters

Part 1: Manpower has definitely been in the spotlight since they announced their move to downtown Milwaukee. Everyone seems to have an opinion about the move. Proponents are hopeful that the move will bring a boost to the downtown economy and opponents aren't quite sure how much support the company should receive from the city of Milwaukee to build their highly praised headquarters. According to Tom Daykin, a writer for JSOnline, the move will not only create hundreds of jobs, but it will also increase sales in the restaurant and retail industries.

Click here to read the entire article on JSOnline.

The Milwaukee Business Journal: Committee supports city aid for Manpower project

Part 2: This week, Mark Kass of The Business Journal reported that Manpower has received the financial support they needed from the city. Although, I am excited to see Manpower move their headquarters to downtown Milwaukee, I don't agree that the city should have assisted with the financing. What other companies will the city support to move jobs to the downtown area? What is your opinion on the issue?

Click here to read the entire article on The Business Journal.

OnMilwaukee: Waterford Wine Company to be Brady Street wine boutique

Julie Lawrence, a writer for OnMilwaukee.com, recently posted an article about a new wine boutique opening its doors on Brady Street. The location of the wine store will be where Metropawlis currently calls home. Don't worry pet owners; Metropawlis will be opening up a store in their new location on North Broadway in the Historic Third Ward. For more information about Metropawlis, check out their website at www.metropawlis.com.

Click here to read the entire article on OnMilwaukee.com.

Great Lakes Pet Expo!

Milwaukee's Favorite Family Tradition is back...
and better than ever!

Great Lakes Pet Expo!
Featuring David Ray and Shorewest, REALTORS



  • View hundreds of pet-friendly properties courtesy of David Ray and Shorewest, REALTORS! Visit David and his Shiba Inus, Taro and Te-Shi

  • View 200 exhibits featuring dogs, cats, and more!

  • Shop for unique gifts for your pets - Be sure to stop by for unique gift ideas at Metropawlis and yummy treat packages at Three Amigos Dog Treats

  • Attend educational seminars

  • Interact with the many companion animals up for adoption

Sunday, February 12, 2006
10 am - 4 pm

Milwaukee County Sports Complex
(60th Street & Ryan Road, Franklin)

$5 Adults
$3 Children under 10

For more information: expomanager@msn.com

Frequently Asked Questions

David, I see that your tagline is "Lives Downtown. Knows Downtown." Does this mean you can assist buyers and sellers only in the downtown market?

No. My tagline is only used for my marketing materials. I chose this tagline because I live downtown and know the ins and outs of the downtown market, but I am also an expert in real estate elsewhere. As a licensed real estate salesperson in the state of Wisconsin, I can assist buyers and sellers in any real estate transaction (from vacant land to commercial/business opportunities) anywhere in the state and beyond. For example, if you are planning to relocate to another part of the state or country, contact me first. I can help introduce you to another agent in other parts of the country through our vast relocation network.


If I am selling my house through a REALTOR(r), may I use the same agent to help me purchase a house?

Yes! It is ethical practice for a single REALTOR(r) to assist in multiple transactions for the same party. As a seller, hopefully you trust your REALTOR(r) to market your house appropriately. Since you have established this trusting relationship with your REALTOR(r), it makes sense to continue your professional relationship with the purchase of your new home. Your REALTOR(r) already has an idea of your perfect house. With this one-stop shopping approach, you don't need to explain your interests twice. In fact, your REALTOR(r) would appreciate the opportunity to work with you in multiple transactions.


I am a first-time homebuyer. What are the advantages for owning your own home?

Traditionally, the answer is two-fold...building equity in your house and taking advantage of tax savings. There are two functions for building equity: (1) Over time economic forces increase the market value of your investment and (2) paying down the principle amount of your mortgage. Homeowners also take advantage of huge tax savings: Allowable deductions for mortgage interest and real estate taxes are the most common types of tax planning activities. In addition, first-time homeowners may also qualify for the Wisconsin Housing and Economic Development Authority (WHEDA) loan program. Contact your lender to determine if you qualify for this outstanding state loan program.


Why would I need the assistance of a REALTOR(r) when I can conduct my own research using realtor.com?

Assuming you are a buyer, there are several reasons why you should seek assistance from a REALTOR(r).

One, the Multiple Listing Service database that REALTORS(r) have access to is always on-line. The information you obtain from realtor.com may not always be updated for any changes in the market. Personally, I have had a few buyers ask me to schedule showing appointments for houses that have accepted offers or have been removed from the real estate market. Realtor.com doesn't always provide you with the most up-to-date information.

Second, if you are a buyer, you generally do not owe a cent for working with a REALTOR(r). In the state of Wisconsin, the seller is responsible for paying the Realtor's commission. Therefore, as a buyer, you have nothing to lose with working with a REALTOR(r).

Finally, a REALTOR(r) can assist you with the negotiations during the transaction. It is my job to assist buyers with scheduling the home inspection, obtaining the financing programs required for purchasing a home, and arriving to the closing without any additional worries. My job is to get you from point A to point B...safely.


Future questions...

I invite you to ask questions about the real estate industry and about the level of service I am able to provide. Please send your questions to dray@shorewest.com. I will post answers to all of the questions in the upcoming semi-monthly newsletter.

Friday, January 13, 2006

JSOnline: Real estate execs predict strong year for downtown condo market

Last month, JSOnline featured an article about Milwaukee's real estate outlook for 2006. While focusing on commercial real estate, the article also had exciting things to say about downtown real estate in the coming year: "In downtown Milwaukee and its nearby neighborhoods, developers expect the strong demand for housing to continue." Today, real estate execs are re-affirming these statements. The article mentions current downtown housing statistics, trends, and possible future retail developments.

Click here to read the entire article on JSOnline.