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

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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August 8, 2016

Wisconsin home prices expected to rise 4.5% over next year, some areas “undervalued”

Wisconsin home prices expected to rise 4.5% over next year, some areas “undervalued”

According to CoreLogic, home prices nationally are expected to rise 5.7% over the next year.  Wisconsin home prices are predicted to rise 4.5%… nice and steady.  Additionally, the five-year forecast for Wisconsin shows no sign of  slowing down.   This is great news for both home sellers and home buyers. Increasing prices are always good and we […]

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August 1, 2016

Real estate is top long-term investment choice, beating stocks, cash & bonds

Real estate is top long-term investment choice, beating stocks, cash & bonds

Real estate is top investment choice for those looking to invest money they would not need for more than 10 years, according to a Financial Security Index poll conducted by Bankrate. More than one quarter of Americans surveyed chose real estate ahead of investments such as cash savings (CDs, savings), the stock market, bonds and precious metals.   […]

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