Archive for the ‘WI real estate info & stats’ category

September 13, 2016

August sales up 9.5% over last year: Gearing up for a busy fall real estate season in the Milwaukee area

August sales up 9.5% over last year: Gearing up for a busy fall real estate season in the Milwaukee area

Here’s a look at sales by County in the Milwaukee area (source Metro MLS and GMAR) Milwaukee County home sales 1113 Milwaukee County homes sold this month compared to last August’s 1098. An increase of 11.7%.     Waukesha County home sales 628 Waukesha County homes sold this month compared to last August’s 591. An […]

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September 12, 2016

What does $1,075,000 buy in Wisconsin vs Pennsylvania or Texas real estate? First Weber listing featured in NY Times.

What does $1,075,000 buy in Wisconsin vs Pennsylvania or Texas real estate? First Weber listing featured in NY Times.

Real estate is local and home values vary widely across the country.  So, it is interesting to take a look at what $1,075,000 can buy in terms of real estate in different parts of the U.S., and here we go….   A First Weber listing in Wisconsin being sold for $1,079,000 is featured in the […]

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August 22, 2016

July home sales in Wisconsin at second best level since 2005: Sales down due to lack of inventory, prices up, buyers in competition

July home sales in Wisconsin at second best level since 2005: Sales down due to lack of inventory, prices up, buyers in competition

Although home sales were down 7.6% from last July, we recognize 2 things: Last July was an extremely strong month for sales and low inventory is most likely the cause.  Buyers are still in fierce competition for homes in the lower to mid price ranges where multiple offers are being seen and sales are happening […]

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August 15, 2016

Americans feeling upbeat about the housing market: 41% think prices will rise in the next year and other findings…

Americans feeling upbeat about the housing market: 41% think prices will rise in the next year and other findings…

Americans are feeling upbeat about the housing market Fannie Mae’s Home Purchase Sentiment Index.  Overall, the index score rose to 86.5 in July, an all-time high. Some of the findings include: 41% expect housing prices to rise over the next year 67% would buy if they were to move Only 27% said they would rent […]

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August 11, 2016

July Milwaukee area real estate sales down slightly due to low inventory. Time to list your house!

July Milwaukee area real estate sales down slightly due to low inventory. Time to list your house!

If only we had more homes to sell…  Buyer demand has been strong all year and buyers often end up fighting over homes due to lack of inventory.  This is affecting the number of sales in several areas.  July marked only the third time in the last 23 months that sales decreased from the prior […]

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