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Market Conditions in Milwaukee : Real Estate Advice

  • All348
  • Local Info35
  • Home Buying131
  • Home Selling26
  • Market Conditions9

Activity 22
Wed Apr 22, 2015
Noah Seidenberg answered:
Maybe not anymore. It is a sellers market and I would not count on that.
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Sat Nov 8, 2014
Anna M Brocco answered:
Be mindful that assessed value is the value determined by the local tax assessor for the purpose of your yearly tax amount; market value can and should be defined as the price at which both buyers and sellers are willing to enter into a contractual relationship. Therefore before review a market analysis with your agent before declining any offers. ... more
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Mon Jun 16, 2014
Janell Herzog asked:
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Fri May 30, 2014 asked:
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Tue Apr 22, 2014
annabelle329 asked:
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Fri Apr 4, 2014
Lashonda Daivs asked:
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Thu Oct 3, 2013
Connie asked:
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Sun Aug 4, 2013
marcixiii answered:
We did not live in the basement. All walls were up when I see pics of my brother who was born in 1951. I know in 1950 the walls were all up, the doors were all in and my parents and 3 oldest kids lived in the "finished rooms". I was born in 1956 and the rooms were all done . I am still thinking a typo or that when Milwaukee took over Fussville or Granville which ever it was, they were put on the tax rolls and the mistaken year was put in the records. I know when they moved in the walls were not painted , just sheet rock with the white splotches. It was just for nostalgia I looked up the home and noticed the year built discrepancy. ... more
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Wed May 29, 2013
www.lbgibson asked:
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Thu May 9, 2013
jjypropainter asked:
I have to do a presentation and have to include the following:
- How much have sales increased over the last year?
- For Every House bought, how many jobs are created?
- How many houses…
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Tue Apr 9, 2013
Matt Heitmann Team answered:
Doesn't sound like the deal actually went through. I've been getting more and more requests like this from investors.

Best of Luck!
Michael Collins, CDPE, SFR, BPOR

Feel free to leave a comment at my Trulia Blog as well!
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Fri Feb 8, 2013
Anna M Brocco answered:
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
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Thu Feb 7, 2013
KerryAnn Douglas answered:
The link below contains a house with the highest asking price in the neighborhood and a house with the greatest selling price in the last 6 months.
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Wed Jan 2, 2013
Michael Mack answered:
You can also check and sign up for their free trial. It provides data for areas of interest. is also a good tool but tends not to be as accurate as

Hope this helps.
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Wed Apr 6, 2011
Jon Brackett answered:
Prices have leveled off, you are seeing a slight increase in demand due to the spring market. Milwaukee was one of the least effected areas in the country in regards to the housing bubble; while home prices did increase from 2001 - 2009 you didn't see the astronomical jumps occured in places like Florida, Las Vegas, Phoenix etc.. Therefore home prices also have not dropped by these huge leaps as well; homes are staying on the market longer on average, yet a properly priced home will sell in a timely fashion in any market ... more
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Sun May 30, 2010
Keith Manson- Metro Milwaukee Wisconsin answered:
Each residential market is a little different. You need to look at what the demand is and the current supply of homes. Each month I write a short blog on Trulia on the markets in milwaukee I cover to give buyers and sellers the information they need to understand with what is happening in the market. I provide the number of listings, number of sales, time on the market, list to sale ratios and comparison to last years results.

The issue with commercial is two fold. The financing is very difficult unless there is positive cash flow and the cap rates are increasing due to issues with rents and the ability to increase rents for commercial space. The economy has effected a lot of businesses and a number of businesses had closed, which has increased the space available. Larger landlords are trying to get other tenants to more to their space at discounts. All this effects the short term value of the commercial properties.

Keith Manson
First Weber Group
Certified Distressed Property Expert
Metro Milwaukee
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Tue Sep 22, 2009
Donna & Dick Bell Team answered:
Absolutely. There is a VA funding fee, unless you are a disabled vet. Either you or the seller can pay the fee, as well as closing costs.
A GREAT WAY TO START. BUT HURRY, unless the gvt. extends the $8,000 credit, you must have an offer in place and be closed by Nov. 30, 2009.
Us Realtors(R) pay for a lobbist to work on all manner of R.E. that is good for the homeowner. We are working on extending the $8,000 credit. State Wise, we work with federal and state governments, attending ourselves, to try to curb spending and lowering property taxes. Some very bad bills have been proposed over the years and we have been very successful in saving tax deductions, interest deductions, state sales tax.
Check out a great starter home: All brick, so no outside maintenance, updated interior ... lower level huge family room with gas fireplace ... 3 bedrooms ... actually could serve as 2 master bedroom. Address: 3453 N. 80th, MilwWI. 53222 ... adjacent to Wauwatosa ... beautiful area, close to downtown. YOU can pull it up on the internet ... go to WWW.REALTOR.COM (use lower case) enter MLS NO. 1073141. ($158,000 .. they paid $168,000 3-4 years ago)
I also have another you might want to check out: 2962 S. Kinnickinnic Av., in the Bayview Area .. $153,900.00 Fully renovated and finished off by an interior decorator. 4 BR, 1-1/2 Baths, Country sized-LR, DR, KITCHEN AND foyer that can serve as a sitting room, office space, computer space. It is also possible to remove the wall of one bedroom and make a HUMONGUS MASTER BR .. we have a bldgr. confirm that this could be done. House next to this one has also been extensively renovated ... it was in foreclosure when bought and looks great. Close to eating, shopping, lots of events, plays, newer library .. Log into same site and for a quick login use MLS no. 1078701.
BY THE WAY, MY HUSBAND AND I ARE BOTH PART OF A TEAM ... AND WE ARE "ACCREDITED BUYER REPRESENTATIVES". Anyone can repr. you, if you ask, but we have gone through educational courses to learn how best to service our clients. (the old method meant we worked for the seller and not the buyer and most buyers did not know this) SO, long story short, we negotiate for you and make suggestions that we could not if working for the seller.
If you would like to contact us, call Donna Bell (Broker/Owner) or Dick Bell, V.P. & Salesperson at 262-695-5744.
Or just reply back.

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Tue Sep 30, 2008
Debby Thompson answered:
At this point in the market, the key is getting financing for condos. It is hard to find a lender that will loan on a condo. This market needs help from the lenders.

Homestead Realty
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Fri Aug 8, 2008
Debby Thompson answered:
Right now the Milwaukee area has a total of 22,942 active listings average days on the market is 134 days.
Total properties sold since January 1 2008 is 4973 that were on the market for an average of 103 days. ... more
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Tue Jul 8, 2008
lsdfka kl;fask;sak answered:
Jackie, are you referring to Park Shores and Hidden Ponds? If you have a Realtor representing you in the transaction, they should research comparable sales in the area. Based on that research you can then make an offer. According to MLS data, there have been six sales at Park Shores. If you need assistance, please feel free to contact me. ... more
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