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 the US […]
Realtor.com chief economist Jonathan Smoke and Freddie Mac agreed saying that 2016 will be the best year that the real estate industry has seen in a decade. In their March Housing Outlook Report, the key reasons behind this prediction by Freddie Mac include: Low interest rates Strong job market An increase in household formation A […]
So many homebuyers and not enough available homes for sale… the low supply and high demand is driving prices up and driving buyers crazy. Here are our tips for you buyers out there looking for a home in today’s tight market. Do your research first Do your research online: what neighborhoods, what style, what price? […]
A shortage of inventory has created an environment where buyers are seeing competition when they make offers. Advice to Buyers: Move fast If this is the home you REALLY want, make your best offer. With fewer homes on the market, waiting for another right match for your needs may take a while – and prices and/or interest […]
Wisconsin’s hot real estate market continues into February with home sales up statewide by 4.1% over February 2015 and 3666 properties sold. Median home prices are up 6.8% compared with last February. Median sale price for a home in Wisconsin is now $146,800. February sales were up in all regions of the state varying from 1.8-3.6% […]