Milwaukee Housing Market
February 2018 Update
January Rang in with Bells & Went Out Like a Tornado in Home Sales!
Milwaukee Housing Market 2018 Evaluation: The Full Report
The Milwaukee real estate market is off to a strong start in January of this year! Homes sales this past month up are 7.4%. This is also the first time January sales exceeded 1,000 Units Sold in the metro Milwaukee area. Breaking down these numbers, Milwaukee county and Waukesha county have been leading the way in sales with Ozaukee county containing the least amount of inventory!
Affordable Homes for Sale in Milwaukee: Thank the Economy!
With a healthy economy, real estate near Milwaukee WI is being bought off the market faster than ever before. Home sales in Milwaukee are continuing to set record levels! 2017 home sales alone were up 1.4% in units from 2016 while prices were up 5.5% STATEWIDE in 2017 from 2016! It’s fantastic news: Wisconsin housing remains competitively affordable.
Why the Increase?
JUST LOOK AROUND! New buildings are being constructed in downtown Milwaukee, new restaurants in Milwaukee are bringing everyone to the city, a new Milwaukee Bucks Arena has everyone excited and a new trolley system has tourists scheduling their next stop in Brew Town! When it comes to Milwaukee in 2018, there’s been nothing, but growth.
The Milwaukee Housing Market 2018 is Great for Renters
Both Rental & Housing Markets Are Up – Now is the Time to Choose!
I don’t want to beat a dead horse, but now is the time to take action if you are interested in change. If you are currently renting and your lease ends in JUNE, it’s the perfect time to start looking. If you gave up last year, don’t give up this time around. The next 3 years will be seeing the same growth we’ve had since the beginning of 2018.
Now is the best time to buy a house in Wisconsin!
If you are interested in a change of address or would meeting to discuss your goals, forming a strong business plan with an experienced Milwaukee real estate agent is your best bet. As a Realtor, I work for you and your best interests, whether they’re to own your dream home or to make the best possible investments TODAY!
Please feel free to call, text or email me with any questions you may have regarding the Milwaukee Housing Market in 2018.
Looking forward to meeting you!
All the best,
Bob
(414) 379-1101
