Milwaukee Real Estate Blog - SE Wisconsin Real Estate - Franklin, Oak Creek, Greenfield, Greendale, Muskego, New Berlin
Milwaukee, WI
Source: Real Estate Section Milwaukee Journal Sentinel 24 May 2009
Low interest sparks refinancings
Mortgage rates hover below 5%
AP-Washington- Rates on 30-year mortgages inched downward last week, remaining below 5% for the tenth-consecutive week and just above record lows. Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year, fixed-rate mortgages dipped slightly [...]
Date: 26 May 2009
Source: cnbc.com
Link: http://www.cnbc.com/id/30940080
A widely watched index shows home prices fell at the sharpest rate ever in the first quarter. The Standard & Poor’s/Case-Shiller National Home Price index released Tuesday reported home prices tumbled by 19.1 percent in the first quarter, the most in its 21-year history. Home prices have fallen [...]
Date: 25 May 2009
Source: cnbc.com
Link: http://www.cnbc.com/id/30929084
As job losses rise, growing numbers of American homeowners with once solid credit are falling behind on their mortgages, amplifying a wave of foreclosures. In the latest phase of the nation’s real estate disaster, the locus of trouble has shifted from subprime loans — those extended to home buyers [...]
Date: 22 May 2009
Source: cnbc.com
Link: http://www.cnbc.com/id/30887474
Diane Peek needed to move from Georgia to central Florida, but for six months no one even showed interest in the house she and her husband built outside Atlanta. In suburban Orlando, Andrew Bou needed to sell his family home to move to Atlanta, but also no luck. Peek and [...]
Source: Real Estate Section Milwaukee Journal Sentinel 17 May 2009
Posted: 19 May 2009
Source: cnbc.com
Link: http://www.cnbc.com/id/30821477
New U.S. housing starts and permits unexpectedly fell to record lows in April, a government report showed on Tuesday, denting hopes that stability in the housing market was imminent. The Commerce Department said housing starts fell 12.8 percent to a seasonally adjusted annual rate of 458,000 units, the lowest [...]
Source: WRA REALTOR® Newswire Weekly – Agent Edition – 5/15/09
By: Arizona Republic (05/11/09) Morrison, Kara G.
In many markets, sellers are turning to live-in house stagers to keep their homes in good condition so that they can be shown to buyers almost immediately. These live-in stagers bring in nice furnishings, keep the place clean, carry renter’s [...]
Housing Market Follows Economy Down in First Quarter
Date: May 12, 2009
MADISON, WI – Wisconsin home sales and median prices both fell in the first quarter of 2009 compared to that same quarter last year according to data just released by the Wisconsin REALTORS® Association (WRA). The lingering national recession caused unemployment in Wisconsin to increase [...]
Here are the current market conditions for the Oak Creek Wisconsin Single Family Home Real Estate Market.
There were 40 homes sold during the 1st quarter of 2009 in the City of Oak Creek. The monthly break down is as follows:
January- 8 homes sold
February- 17 homes sold
March- 15 homes sold
There are 140 active listings in Oak [...]
I know that when I work with buyers and sellers they want value. They have expectations that they will get what they pay for. They look to me as the professional to provide them with solid factual information to base their purchase & sale decisions on. In turn when I become the customer looking to [...]
