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53189 : Real Estate Advice

  • All3
  • Local Info0
  • Home Buying2
  • Home Selling0
  • Market Conditions1

Activity 3
Wed Apr 29, 2015
Ernie Behrle answered:
Does your agent in the MLS make a point of mentioning it or can he put it under as a financing term. I find it hard to believe an MLS that doesn't. Here it is a searchable term and gets used frequently, especially for first time buyers who need 100% financing. Good Luck!! ... more
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Thu Jul 4, 2013
Annette Lawrence answered:
Donna and Chris have provided good guidance.
They failed to mention the listing agent demonstrated EXCEPTIONAL integrity by referring you to another agent in the office. Be very aware, all agents in the same office do compete with each other. The agent you use will defend and promote the position most benificial to you while the listing agent will battle to keep price up and terms favorable and contingencies to a minimum.
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You are making this way more convuluted that it needs to be.
... more
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Tue Jun 8, 2010
David Belman answered:
Here are some stats on Wisconsin home sales in the first quarter of 2010.
(See the link to my blog for more information and links to where I got my statistics from)

Sales are up 16.8% in the First Quarter of 2010 VS 2009
Wisconsin is outperforming the Nationwide in terms of median sales price. Wisconsin is up .1% whereas Nationwide is down .7%
Waukesha County Rose both in number of sales from last year by 3.4% and in average sales price by 2.2%
These statistic all bode well for our market. It shows that prices have held, sales have increased despite the dip nationwide. This is despite the fact that there are a large amount of foreclosure sales in the market.

Analysis:
Federal tax credits and low-interest rates helped fuel the increases, especially in the starter home category. The big questions are:

How will the market respond after the tax credits expire?
Will movement in the lower end start helping the mid range sales activity?
How quickly could interest rate increases cut into the positive growth we have seen?

Regardless of the questions out there, this is positive news regarding the stability of our market and we should be encouraged that we are coming out of the bottom.
... more
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