Real Estate Market in Milwaukee Area ends well for 2011
There was a recent artile in the BizTimes which makes us individuals in real estate feel good about how the market faired in 2011. According to the article and the GMAR, home sales were up 21.6% in December in Milwaukee, Waukesha, Washington and Ozaukee County, 4.2% overall home sale increase in 2011 vs. 2010. I also noticed a noticeable increase in interest over our holiday season this year vs. past years. Obviously, there are deals to be found in our current real estate market and first time homebuyers and investors are taking advantage of those opportunities. Interest rates remain low and hopefully the trend will continue into 2012!
Also noted in the article is average sale prices continue to decrease. Foreclosed properties continue to come on the market and provide buyers the chance to purchase a property at a lower listed price.
Click here to read the complete article and search "Home sales rise in the Milwaukee region" January 11, 2012.
Posted by: 
Nancy Neylon
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