Key points from the WRA on the Wisconsin Housing Report for October 2023. Home Sales: Existing home sales fell by just 7.2% in October 2023 compared to last October. This is the first time since August 2022 that the annualized decline in sales has been in the single digits. Home Prices: The median home price […]
Key points from the WRA on the Wisconsin Housing Report for August 2023. Home Sales: We continue to see weaker sales and higher prices in the Wisconsin market even as the inventory situation improved slightly. Home sales for the month of August declined by 18.3% since August 2022 sitting at 6,889. Home Prices: The median […]
What is Feng Shui? Feng Shui is an ancient Chinese art of the arrangement of buildings and objects and the organization of space within an environment to create harmony and balance. Evidence suggests that this practice has been used in some ancient Chinese homes and towns for thousands of years. So, what does Feng Shui […]
Weak inventories limited sales of existing homes and drove prices up significantly. July 2023 closing declined 20.8% compared to July 2022. Sales were down between 16.7% and 25.2% throughout all regions compared to July 2022, but regional price appreciation was more variable. The median home price rose to 300,000, a 7.5% increase from last year. […]