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Wisconsin real estate update: Hot market continues in July with sales up 17% statewide

August 17, 2015

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We continue with another strong month of Wisconsin real estate sale in July, with both existing home sales and median prices higher than at this time last year.   “This is the strongest spring and early summer sales volume we’ve seen since before the recession, ” said Dan Kruse, WRA board chairman.   Inventory remains […]

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Americans believe best long term investment is real estate.

August 11, 2015

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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. ┬áSource: 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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Metro Milwaukee area home sales up 12.1% in July. Sixth positive month of sales, fifth month of double digit increases overall.

August 10, 2015

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Metro Milwaukee area home sales in July are up 12.1% over last year at this time. 2199 homes were sold last month compared to 1962 last July. From GMAR release: “The housing market is functioning very efficiently. Buyers are out in force and are very active. Sellers are pricing their homes correctly, with many homes […]

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Wisconsin housing market at strongest level since recession

July 21, 2015

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Year-to-date sales in the Wisconsin housing market are at their highest level since 2006, according to recent data released by the WRA. Statewide, existing home sales rose 17.6% over last June and the statewide median sales price is up 6.3% to $169,000. Compared to the first six months of 2014 sales were up in all […]

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Land price average hits new high: SW Wisconsin land market update

July 16, 2015

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Not only are real estate sales up substantially in the Milwaukee area, Jay Frazier – Rural Property Pro – reports on land sale prices in Southwest Wisconsin:     I have been tracking land sale prices in southwestern Wisconsin for nearly five years; and in that time the average price per acre failed to rise […]

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