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dc.contributor.advisorFanta, Fassil
dc.contributor.authorStubblefeld, Kyle
dc.date.accessioned2017-12-08T21:20:15Z
dc.date.available2017-12-08T21:20:15Z
dc.date.issued2015-04
dc.identifier.citationStubblefeld, K. (2015). Property investing in Minocqua, Wisconsin. University of Wisconsin-Stout Journal of Student Research, 14, 33-46.en
dc.identifier.urihttp://digital.library.wisc.edu/1793/77518
dc.descriptionResearch articles with tables and graph.en
dc.description.abstractReal estate investing is a potentially lucrative profession that can assist in building a person’s wealth. This type of investing can be rewarding anywhere, but the purpose of this research is to find out what motivates a person to purchase an investment property in Minocqua, Wisconsin. Economic conditions in the area have vastly improved with 412 jobs added in 2013 and 16,452 people employed as well as a 2.4% increase in wages and even a fairly low cost of living (Walsh, 2013). The economy has been improving and the real estate market has significantly improved as well. “In 2007 only 5,981 listings were sold in comparison to 6,254 in 2013” and sale prices have also increased (Gores, 2014). The median sale price in 2013 was $120,000, which shows a 4.2% increase from the lowest point in 2011 of $115,000 (Gores, 2014). As of May 4, 2014, 21 listings have sold with a median sale price of $125,000, which is also an increase of 4% (Interfacexpress). Additionally the town of Minocqua’s real estate is currently valued at $1.5 billion dollars (Town of Minocqua, 2014). All of this data leads to the conclusion that now would be an ideal time to invest in the Minocqua real estate market, because the economy and real estate market both show substantial improvement.en
dc.description.sponsorshipUniversity of Wisconsin--Stout. Research Servicesen
dc.language.isoen_USen
dc.publisherUniversity of Wisconsin--Stout. Research Servicesen
dc.rightsAll rights reserved. No part of this journal may be reproduced in any form without the permission of the University of Wisconsin-Stouten
dc.subjectMinocquaen
dc.subjectreal estate marketen
dc.subjecteconomic conditionen
dc.subject.lcshReal property--Wisconsin--Minocquaen
dc.subject.lcshReal estate business--Wisconsin--Minocquaen
dc.titleProperty investing in Minocqua, Wisconsinen
dc.typeArticleen


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