Dale & Vicky Schaechterle
Realty Executives Integrity
This just in....According to the Greater Milwaukee Board of Realtors...
June 11, 2015 – Home sales were up in the Metropolitan Milwaukee market 10.8% for May. 1,880 homes sold in May compared to 1,697 the same month in 2014. Comparing the numbers to 2013, sales were up 2.3% (1,838 in ‘13).
May was the fourth month of positive sales this year. Overall, the market is functioning very well, with one exception. Buyers are very active and some homes in “move in” condition are receiving multiple offers. However, inventory is still tight.
All four metropolitan counties were in positive sales territory, with Washington and Waukesha Counties leading the way with 34.2% and 19.1%, respectively.
In many instances buyers need to make a decision on placing an offer on a home fairly fast, due to a limited number of houses available in their market segment. This makes the research phase of home buying all the more important. Buyers should let their agent know what amenities they want in a home early in the process. For example, a buyer who wants to be 5 miles from work, or one who wants to be a block from a school, will impact their search areas.
What does this mean for you? If you are looking to Sell, NOW is the time. If you are looking to Buy, NOW is the time. Contact a member of Dale's Home Selling Team to work with a Realtor that knows the Lake Country Area and will help you guide you every step of the way!
