Report: Some Wisconsin residents face housing cost burden

March 19, 2019 2:31 pm Leave a comment

A county health report says about 13 percent of Wisconsin residents are paying more than half of their income on rent or a home mortgage.

Tagged with: housing mortgages

US pending home sales rebounded 4.6 percent in January

February 27, 2019 11:24 am Leave a comment

FILE- This June 15, 2018, file photo shows a "sale pending" sign is posted outside a home in East Derry, N.H. On Wednesday, Feb. 27, 2019, the National Association of Realtors releases its January report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Charles Krupa, File)

More Americans signed contracts to buy homes in January as lower mortgage rates appeared to give the real estate market a boost.

Tagged with: National Association of Realtors

Foxconn buys 3-story office in downtown Racine for $6.25M

February 26, 2019 3:24 pm Leave a comment

A company associated with Foxconn Technology Group has completed the purchase of a downtown Racine office building that the technology giant has said it will use as an innovation hub.

Tagged with: Foxconn

US home price growth slowed in October

December 26, 2018 12:18 pm Leave a comment

FILE - In this Oct 2, 2018, file photo, a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. (AP Photo/David Zalubowski, File)

U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall.

Tagged with: home prices

Competitor wins bid for bankrupt distillery

December 26, 2018 8:18 am Leave a comment

In this Nov. 26, 2018 photo, a sign sits outside Death's Door Spirits in Middleton, Wis. A competing distillery has submitted a winning bid of nearly $2.5 million for Death’s Door Distillery in Middleton, which filed for bankruptcy in November. (Barry Adams/Wisconsin State Journal via AP)

Wisconsin's largest distillery is on the path to new ownership after filing for bankruptcy last month.

Tagged with: bankruptcy

Foxconn spends $12M on innovation centers in Eau Claire, Green Bay

December 12, 2018 2:12 pm Leave a comment

Fencing surrounds the Haymarket Landing building in Eau Claire in 2016. FE Haymarket LLC, a company linked to the Foxconn Technology Group, recently bought three condo units inside the city's Haymarket landing building for $2.7 million. (File photo by Kevin Harnack)

Companies associated with the Foxconn Technology Group have spent nearly $12 million on two properties in Eau Claire and Green Bay that will serve as so-called innovation centers outside its planned factory in Mount Pleasant.

Tagged with: Foxconn Haymarket Landing

Developers look beyond shopping to make malls thrive again

December 12, 2018 10:41 am Leave a comment

Developers are hoping to attract more visitors to the Shops of Grand Avenue mall in downtown Milwaukee with a renovation project that will bring offices, apartments and a "food hall" to the hulking building on West Wisconsin Avenue.

Plans to renovate the Shops of Grand Avenue mall in downtown Milwaukee call for replacing shops there with offices, apartments and a food hall, all in hopes of making the city's Westown district bustle again.

Tagged with: Grand Avenue Mall Hempel Cos. The Aggero Group TKWA Urban Lab

US home price gains weaken for 5th straight month

October 30, 2018 11:38 am Leave a comment

FILE- In this Oct 2, 2018, photo a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Tuesday, Oct. 30, the Standard & Poor's/Case-Shiller 20-city home price index for August is released. (AP Photo/David Zalubowski, File)

U.S. home price gains slowed for the fifth straight month in August as higher mortgage rates have lowered home sales.

Tagged with: home prices

Foxconn buys downtown Racine building for ‘smart cities’ laboratory

October 2, 2018 3:20 pm Leave a comment

Alan Yeung, Foxconn U.S. director of strategic initiatives, announces the company has bought a 3-story building in downtown Racine that will serve as a research and development center just 9 miles from the $10 billion factory Foxconn is building in Mount Pleasant. (Staff photo by Nate Beck)

Foxconn Technology Group has bought a three-story building in downtown Racine to house a research and development center — just 9 miles from its main manufacturing plant in Mount Pleasant, where construction is already underway.

Tagged with: Cory Mason Foxconn Racine

US home prices rise at slowest pace in nearly a year

September 25, 2018 2:35 pm Leave a comment

FILE- In this Aug. 30, 2018, file photo sold placards top sale signs outside homes on the market in Denver. On Tuesday, Sept. 25, the Standard & Poor's/Case-Shiller 20-city home price index for July is released. (AP Photo/David Zalubowski, File)

U.S. home prices rose in July at the slowest pace in 10 months as climbing mortgage rates become a more significant factor for a growing number of prospective buyers. The S&P CoreLogic Case-Shiller 20-city home price index increased 5.9 percent in July compared with a year earlier, down from a 6.4 percent annual gain the previous month.

Tagged with: home prices