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Metro Milwaukee 2015 real estate update: Prime opportunity for listing!

January 26, 2016

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Sales up, prices up, buyer competition over not enough homes for sale… It is prime listing opportunity time. Here’s a look at sales by County in the Milwaukee area (source Metro MLS) Milwaukee County home sales 10,110 Milwaukee County home sales this year compared to last year ’s 9,319.  An increase of 5.4%. Median sales […]

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Americans believe best long term investment is real estate

January 25, 2016

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For the last two consecutive years, the majority of Americans again believe the best long term investment is real estate, beating out stocks, bonds and gold.  Source: Gallup poll. Understandably, confidence in real estate took a hit during the recent recession. Confidence is back in a big way and 2015 has shown us a very strong […]

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Strongest Wisconsin home sales since 2005

January 21, 2016

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What a year it was! More homes were sold in Wisconsin this past year than any year since 2005. Home sales were up 11.4% over 2014 with 76,693 properties sold. Median home prices are up 5.1% compared with last year. Median sale price for a home in Wisconsin is now $155,500. “We would have sold […]

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Strong Wisconsin housing market continues into November: on pace for best sales since 2005 by the end of the year

December 21, 2015

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The Wisconsin real estate market continued its positive trend with home sales up 3.4% over last November and the median statewide price rising 3.4% to $150,000.  Information source: WRA Wisconsin on pace to exceed 75,000 home sold for the year “We expected positive growth in 2015, but this has definitley exceeded our expectations,” said K.C. […]

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Economic Outlook for 2016: Rising rates, Rising rents, Home sale growth

December 15, 2015

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Economists polled by CoreLogic believe that the economy will continue to grow in 2016, putting the U.S. into the eighth consecutive year of expansion with 2-3% growth, creating downward pressure on unemployment. If such conditions do come to fruition, CoreLogic predicts the following trends in next year’s housing market: 1. Interest rates will gradually move higher […]

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