Posts tagged ‘wisconsin real estate market’

July 26, 2018

Continued tight inventory makes sales drop, prices rise

Continued tight inventory makes sales drop, prices rise

Existing home sales fell 11% compared to this time last year.  There are simply not enough homes to sell, especially in the lower prices ranges. This lack of supply has driven prices up 5.4%   We determine a buyer/seller market based on months of inventory.  6 months is a balanced market, under 6 months is a […]

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February 19, 2018

January, normally the slowest month for real estate sales, shows prices and home sales up

January, normally the slowest month for real estate sales, shows prices and home sales up

We begin 2018 with “not your normal January”… typically the slowest month for real estate sales. Because of continuing low inventory of homes for sale, median sale prices are up almost 7% over last January.  The number of sales closed in January topped last January by almost 3%.     “Rapid price growth is a result […]

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February 15, 2018

Metro Milwaukee real estate sales start 2018 with a bang: First time January home sales exceeds 1,000 units

Metro Milwaukee real estate sales start 2018 with a bang: First time January home sales exceeds 1,000 units

Metro Milwaukee real estate sales start 2018 with a bang – First time residential home sales surpassed 1,000 in January! There would have been much more sales, yet we still have that inventory problem where buyers are competing for homes under $300,000   Here’s a list of sales by county (source Metro MLS and GMAR) Milwaukee […]

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January 22, 2018

Wisconsin real estate posts record sales and First Weber has best year EVER with $3.5 billion in sales.

Wisconsin real estate posts record sales and First Weber has best year EVER with $3.5 billion in sales.

We ended 2017 on a strong note – busy all through fall with a continued shortage of inventory driving prices up.  This will be the third year in a row the WRA recorded sales to record levels.  AND, we are proud to announce that First Weber had our best year of sales EVER with nearly […]

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October 3, 2017

Catch the wave, sellers! Opportunity time…

Catch the wave, sellers! Opportunity time…

Real estate home values typically go up steadily over the years.  It is a great investment!  At times, values fall when recessions or a bubble hits, but overall, Wisconsin has stable increases in home values. Especially now.  In certain price ranges, homes are in very short supply.    Great opportunities abound for sellers, especially those […]

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