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Tag Archives: Q2
Ask an Agent: the Timeline for Purchasing a Home (Infographic)
Whether you’re a first-time home buyer or someone who has purchased before, the timeline of events can often be confusing. We’re here to help! Our simple infographic outlines the entire process of purchasing a home in seven steps, with a …
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Shorewest Reports: Where are Baby Boomers Set to Retire?
Baby Boomers, the largest segment of homeowners in America, are beginning to retire and will continue to do so over the next 15 years. What does this mean for their homes and the real estate market in general? On the …
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Buying Still a Better Deal than Renting
According to Trulia, it is 44% cheaper to buy versus rent, and homeownership is less expensive than renting in all of America’s 100 largest metropolitan areas. Why? Affordable mortgage rates have kept buying an attractive option for would-be renters in …
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Southeastern Wisconsin Real Estate Market Data (by County)
BROWN COUNTY DODGE COUNTY JEFFERSON COUNTY KENOSHA COUNTY MILWAUKEE COUNTY OZAUKEE COUNTY RACINE COUNTY ROCK COUNTY SHEBOYGAN COUNTY WALWORTH COUNTY WASHINGTON COUNTY WAUKESHA COUNTY Return to the full Quarterly Newsletter here.
Mortgage Rates Remain Affordable, but Should Increase by the End of 2013
Although mortgage rates for the 30-year Fixed Rate Mortgage (FRM) hit their all-time lows in September and October 2012, low rates continue, making house buying affordable. The Federal Reserve has been artificially holding rates down to stimulate the economy, and …
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Low Inventory Continues to Hold Up Homebuyers
Lawrence Yun, chief economist for the National Association of REALTORS® (NAR) says that home sales are “stuck” this spring due to the limited number of homes available to buy. Though the spring market usually brings a larger supply of homes …
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Foreclosure Rates Fall to 1.9% in Southeastern Wisconsin, Down Nationally
Foreclosure rates continue to decline in southeastern Wisconsin, reaching a new low of 1.93% in February for the Milwaukee region. According to CoreLogic, this is down .7 points from the same month year-over-year. This local foreclosure rate is higher than …
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Shorewest, REALTORS® and Wisconsin Mortgage Corporation Show Impressive Growth
Shorewest, REALTORS® All data shown above reflects January 1-March 31 of that year. Shorewest, REALTORS®, Wisconsin’s Largest Home Seller™ since 1951, continued to grow in the first quarter of 2013. From January 1-March 31 of 2013, Shorewest reported closed sales …
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Home Prices Post Biggest National Gain Since 2006
The S&P Case-Shiller index showed the biggest year-over-year gains in prices since 2006. The index measures the 20 largest markets in the nation each January and has posted the change in home prices each year above. Since the housing bubble …
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Market Analysts Revise 2013 Projections — The Housing Market is Stronger than Anticipated
Analysts recorded their future price projections at the end of 2012, and with increases ranging from 2% to 5.3%. Each analyst has since upgraded their price projections based on the first quarter, with the lowest gains at 4.2%. With an …
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