Posts tagged ‘wisconsin real estate market’

October 7, 2013

Thinking about moving up?

Thinking about moving up?

Now is the time to move up before prices and mortgage rates rise, both which are expected to.  Your current home and the new home will both increase in value – future gains shown in the chart.  Take advantage of this opportunity, talk to a First Weber real estate agent about your local real estate […]

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September 30, 2013

Time to sell…millions of homeowners no longer in negative equity

Time to sell…millions of homeowners no longer in negative equity

This is great news! Contact your local First Weber real estate agent to talk about selling your home now that the real estate market has been on the rise for the past 26 months in Wisconsin!   Check out SOLD prices in your area and see what types of homes are available for sale now […]

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September 26, 2013

Home Affordability Index of 215 = Average Buyer could afford 215% of median priced home.

Home Affordability Index of 215 = Average Buyer could afford 215% of median priced home.

What is the Wisconsin Housing Affordability Index? This number shows what percentage of a median priced home a buyer with a median family income could afford, assuming  current mortgage rates and 20% down. So, a typical buyer could afford 215% of a median priced home in Wisconsin.    While still very affordable, the Housing Affordability […]

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September 24, 2013

Wisconsin home sales up for 26th month

Wisconsin home sales up for 26th month

  Existing home sales were up almost 14% compared to last August, closing out a very strong summer for Wisconsin real estate sales. Median prices also gained traction with a 6.3% rise during the past year. This is the 26th month of home sale gains in Wisconsin.   “This has been a very strong summer […]

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September 19, 2013

Home prices are headed up, why not move up now?

Home prices are headed up, why not move up now?

The real estate recovery is in full bloom.  In order for that to happen, 3 things needed to occur: Normalized inventory of homes for sale Increasing sales Steady or increasing prices     Though prices are up, housing remains affordable and rates remain relatively low. It might be the perfect time to list your home […]

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