Saturday, September 1, 2018

Down Town Wisconsin Dells Real Estate Increased Supply Decreased Demand

Down Town Wisconsin Dells Real Estate inventory levels are increasing rapidly.  Wisconsin Dells used to boast - that if they do not like the business climate they can vacate cause another will fill that spot immediately.  This is obviously no longer the case - as many store fronts in the Down Town Wisconsin Dells remain vacant for years.

The supply of store fronts available for sale/lease in down town Wisconsin Dells has increased and the demand for these store fronts has decreased.  Several factors continue to contribute to the increased inventory levels:

- Higher interest rates

- Changing visitor demographic

- Cumbersome local regulatory structure

- Elevated Municipal debt removing local control

- Disconnect area approach to marketing

- Public Administration expanding service/authority boards to manage fewer and fewer visitor populations

Readers are encouraged to watch as more for sale/ lease signs are posted in down town Wisconsin Dells.

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