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Housing Market Report-April 2018

For the first quarter of 2018, real estate sales in Wisconsin were up 2.1% and median prices were up 6.3% compared to the first quarter of last year according to the Wisconsin REALTORS® Association’s (WRA) recent analysis of the current housing market. Lack of homes for sale is the leading contributor for the increase in sales prices. The WRA reported that there was only 3.1 months of available supply in urbanized metro areas of Wisconsin, making for a very strong seller’s market in these particular parts of the state. Over the last year, home prices increased nearly 3 times the rate...
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4 Pricing Myths Every Seller Should Know

Myth #1: Pricing your property high equals a high return The potential revenue may be alluring but a buyer’s agent will likely know when a property is overpriced. Overpriced properties have a greater chance to sit on the market longer and can lead to future problems as Myth #2 describes. Listing at an appropriate price can lead to a quicker and easier sale which is especially beneficial if you’re purchasing a new home. Myth #2: It’s no big deal to lower the price later on an overpriced home Homes that stick around on the market and/or have had multiple price...
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Freshen up and get ready for Spring

Finally! Spring has arrived in Wisconsin You may have heard Harley riders revving their engines, seen your first robin, and smell your neighbors grilling again. Now it’s time to spruce up your home and yard for the season. Here are some reminders and great ideas to freshen up and get ready for Spring. Retire the fireplace: Add interest to the dark space by adding a candle set. For a rustic look, stack wood logs cut side out. Lighten up: Swap out your heavy bedding and dark colors to lighter options Revive your exterior: Wash or add a fresh coat of paint...
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The Housing Market in 2018 – So Far So Good

The housing market in southeast Wisconsin continues to look good in 2018. The driving forces in today’s market are solid buyer demand, limited inventory and first timers ready to buy. According to recent housing statistics published by the Wisconsin REALTORS® Association (WRA), the number of home sales between December 2017 and February 2018 was 15.8% higher than just 5 years ago. They went on to report that this winter had record high sales since they re calibrated their data system in 2005. Home sales in January grew 3.5% and the median home sales price increased 4.9% compared to January 2017....
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