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Lack of Inventory Holding Back the Land Market | Southwest Wisconsin Real Estate

April 25, 2016

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 Southwest Wisconsin Land Market Update: Quiet and steady best describes the 1st quarter 2016 land market in Southwest Wisconsin. The number of transactions was down from 4th quarter 2015 but was not unusual for a 1st quarter at 32 transactions. The average price per acre rose slightly from 4th quarter to end up at $3,325/acre. […]

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Strongest first quarter for Wisconsin real estate sales since the recession

April 18, 2016

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More Wisconsin homes sold this first quarter of 2016 than any other quarter since 2007, before the recession. Statewide, sales were up 4.2% and median price rose 6% over the same time period last year.   A lack of inventory is causing prices to rise.  Despite rising prices, real estate in Wisconsin remains very affordable […]

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Metro Milwaukee home sales down due to low inventory. Buyers driving sales prices up.

April 14, 2016

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Across Metro Milwaukee, sales were down 4 % compared to last March. They were 20% higher than March sales in 2014. The market remains very busy with buyers often competing in multiple offer situations. It is prime listing opportunity time.  We have a shortage of inventory of homes for sale & buyers waiting. Talk to […]

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Steady price growth ahead for Wisconsin real estate

April 12, 2016

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Real estate agents nationwide expect home prices to rise an average of 3.5% during the next 12 months according to the August 2015 Realtors Confidence Index survey done by NAR in which 50,000 agents were surveyed.Percentages varied by region, with Wisconsin coming in at 3-4% expected price growth.Much of the Northeast part of the US […]

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Busiest spring real estate market in 10 years predicted

April 7, 2016

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Realtor.com chief economist Jonathan Smoke and Freddie Mac agreed saying that 2016 will be the best year that the real estate industry has seen in a decade.  In their March Housing Outlook Report,  the key reasons behind this prediction by Freddie Mac include: Low interest rates Strong job market An increase in household formation A […]

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