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“Matt Albrecht was a tremendous help, support & guide throughout the process. He was authentic, kind, responsive, knowledgeable & supportive. He would be our first choice agent if we ever sell (which we hope we won't). A sincerely nice human!! Thank you, we haven't bough a house in 27 years and you made it a joy!!”
Olivia Mastry & Michael Miller, August 2019


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Sawyer County has some of the most pristine lakes in northern Wisconsin. Each year thousands of visitors descend on our area for the food, festivals and fun.

Woodland Developments & Realty Recent News

What's Happening In The Luxury Home Market?

Posted: August 11, 2020

Luxury can mean different things to different people. So when you're talking about the luxury home market, it's good to define the parameters. After all, a $1 million home in Los Angeles isn't the same as a $1 million home in Kansas City. Generally speaking, though, the luxury market is categorized as homes in the top 5-to-10 percent based on home value. And naturally, the high end of the market doesn't always behave the same as other tiers do. So what's been happening in the luxury market lately? Well, according to one recent analysis, the median home price in luxury markets has fallen 2.3 percent in recent weeks - at the same time the overall market has seen prices go up. Part of the reason for this is that the typical home buyer plans to live in the home they buy for many years, giving them some protection against temporary economic turmoil. Luxury buyers, on the other hand, may be more reluctant to make a large investment in times of uncertainty. Because of this, the ratio of available homes to interested buyers is different in high-end markets and can cause prices to move independent from the overall trend. (source)