Madeline Island Featured in Wall Street Journal Real Estate Section Along with Cape Cod, Hilton Head, Palm Beach and the Hamptons

MADELINE ISLAND FEATURED IN WALL STREET JOURNAL REAL ESTATE SECTION ALONG WITH CAPE COD, HILTON HEAD, PALM BEACH AND THE HAMPTONS

The Real Estate section of today’s Wall Street Journal features an article entitled, “Market for Vacation Homes is on the Rise”. I was interviewed for this article by S. Mitra Kalita and it is a great honor to be mentioned in the Wall Street Journal.

The Journal article mentions and provides real estate market statistics for Hilton Head (SC), Palm Beach (FL), Mercer Island (WA), Cape Cod (MA), Pocono Mountains/Lake Naomi (PA), Hamptons (NY), and Madeline Island (La Pointe, Wisconsin)

Real estate industry sources interviewed and quoted in the article include NAR economist Lawrence Yun, Ned Monell (Sotheby’s International Realty in Palm Beach), Andy Twisdale (Hilton Head Realtor), Eric Kodner (Real Estate Broker with Madeline Island Realty in La Pointe, Wisconsin), and Harald Grant (Sotheby’s Southhampton Brokerage, New York).

NAR Economist Yun stated in the article that the upturn in sales of vacation homes is being fueled by stock market gains and the perception of an improving economy which has “made wealthier Americans more upbeat about the future”.

As part of the WSJ article, Ms. Kalita also interviewed the buyer of one of our Madeline Island home listings. It is significant to note that Madeline Island made the list of luxury vacation home communities mentioned in the Wall Street Journal article, along with well-known destinations like the Hamptons, Cape Cod, the Poconos, Hilton Head and Palm Beach, Florida.

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