Real estate agents nationwide expect home prices to rise an average of 3.5% during the next 12 months according to the August 2015 Realtors Confidence Index survey done by NAR in which 50,000 agents were surveyed. Percentages varied by region, with Wisconsin coming in at 3-4% expected price growth. Much of the Northeast part of […]
Sales and prices up The summer selling season closed out with home sales up 3% over last August and median home sale prices also up 2.9% over this time last year. Median sales price statewide was $161,500. Strongest summer volume since 2005. “June through August is always our busiest searson, and 2015 has been an […]
Metro Milwaukee area home sales in August are up 6.2% over last year at this time. 1933 homes were sold last month compared to 1821 last August. It is the seventh straight month of sales increases in the Metro Milwaukee area. From GMAR release: Overall, the market is functioning at a high level, but not overheating. Buyers […]
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 […]
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 […]