2013 Wisconsin Housing Market

Wisconsin’s real estate market is on the upswing, and experts say the trend will continue through 2013. The Wisconsin Realtors Association reported that February, 2013 was the 20th straight month of double-digit growth in sales of existing homes statewide, with the month’s final numbers indicating a 12 percent increase in sales over February, 2012. In related news, according to Baraboo News Republic (“Real estate market making strides,” … [Read more...]

FDIC Puts Real Estate Up for Auction

By Ryan Jackson Flooded with an inventory of foreclosures, the government’s Federal Deposit Insurance Corporation (FDIC), which has taken over hundreds of failed banks since the collapse of the U.S. real estate market, is holding an online auction to sell off some of its properties. The FDIC is auctioning-off 50 Midwest homes and commercial properties that were foreclosed as part of the ordered takeover of banks that it insures. The homes, … [Read more...]

2012 Wisconsin Housing Market

The lowest mortgage rates on record and the lowest home prices in more than a decade are driving the Wisconsin housing market out of the worst economic downturn since the Great Depression. Home prices are even beginning to show some signs of movement, and are forecast higher in most of the state through the remainder of the year. Sales have been energized for almost a year as a result of discount priced foreclosures, but the bloated inventory … [Read more...]

2011 Wisconsin Housing Market

Slumping home sales, rising foreclosures and more short sales are holding back housing markets from entering a recovery in Wisconsin, despite healthier levels of unemployment in most of the state and near record low mortgage rates. Declining home prices are being driven by a lack of demand as consumers wait-out the real estate crash. Sales of homes surged higher during the federal home buyer tax credit, but then like just about everywhere … [Read more...]

2010 Wisconsin Housing Market

Sales rose with the federal home buyer tax credit, but then deteriorated quickly when the incentive expired in Wisconsin. However, housing values are sliding throughout the state at some of the lowest rates in the country. In Wisconsin sales were pushed into an early season rebound of sorts by the tax credit, especially in Milwaukee, where closing agents were finishing up deals like an assembly line of bottles at one of the areas beer … [Read more...]