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 […]
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. […]
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 […]
Rising Sales Metro Milwaukee area home sales in November are up 5.0% over last year at this time. This marks the tenth month of positive sales this year. 1182 homes were sold last month compared to 1126 last November. We are enjoying a busy fall, where sales typically start to slow down. Because of the limited inventory situations […]
New home construction and existing home sales are projected to push the total home sales to the highest levels in years in 2016. Most of the gains will be in a resurgence of housing starts and new home sales, an area that has suffered in recent years, with existing home sales coming in at a […]