EPISODE · Dec 23, 2015
The Market this Winter in the Greater Milwaukee Area
from Shorewest Greater Milwaukee Real Estate Podcast · host Mike Roth
There are many great Metro area homes for sale. Click here to perform full home search, or if you're thinking of selling your home, click here to contact us for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (262) 797-6453 or (262) 798-1162 for a FREE home buying or selling consultation to answer any of your real estate questions. The end of the year is finally here! The Milwaukee Journal Sentinel encourages sellers to act now on the hot winter market. In fact, the market is so active we’re negotiating multiple offers on our listings now. There are a few reasons for this. Here’s why. Interest rates will rise. This is a message to buyers! You may have heard about the Federal Government raising interest rates sometime soon. Even as little as a 1% increase significantly impacts payments during the new year. For buyers, a 1% increase could cost you 11% more over the length of the loan in monthly payment. Sales are up. We’ve experienced 15% more sales this year compared to last year. In the greater metropolitan area, 3,700 were sold between December 2014 and March 2015! This winter, yours could be one of them. Inventory levels are low. Currently, the inventory level is 70 to 100 homes. Think about that. The weather is colder. Although a lot of people don’t want to move or show their home during the winter, we might not even have a brutal winter this year. However, you can avoid the frustration and hire a professional moving company to take care of the moving process. Plus, we can always limit the days you show your home during the holidays and even schedule showings by appointment only. Don’t wait until the spring to sell! There will be as many as 30% more homes on the market as it warms up. The time is now! Act today. If you’re thinking about selling or buying a home this winter, give us a call or send us an email.
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The Market this Winter in the Greater Milwaukee Area
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