The market is dramatically different Did you consider selling your home a few years ago but decided against it because you had not recovered enough equity from the downturn? Time to talk to your agent again because things have changed. 93% of homeowners have regained equity in their property. Time for an updated comparative market […]
Existing home sales fell 11% compared to this time last year. There are simply not enough homes to sell, especially in the lower prices ranges. This lack of supply has driven prices up 5.4% We determine a buyer/seller market based on months of inventory. 6 months is a balanced market, under 6 months is a […]
We begin 2018 with “not your normal January”… typically the slowest month for real estate sales. Because of continuing low inventory of homes for sale, median sale prices are up almost 7% over last January. The number of sales closed in January topped last January by almost 3%. “Rapid price growth is a result […]
Metro Milwaukee real estate sales start 2018 with a bang – First time residential home sales surpassed 1,000 in January! There would have been much more sales, yet we still have that inventory problem where buyers are competing for homes under $300,000 Here’s a list of sales by county (source Metro MLS and GMAR) Milwaukee […]
We ended 2017 on a strong note – busy all through fall with a continued shortage of inventory driving prices up. This will be the third year in a row the WRA recorded sales to record levels. AND, we are proud to announce that First Weber had our best year of sales EVER with nearly […]