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Market Conditions in Milwaukee : Real Estate Advice

  • All349
  • Local Info35
  • Home Buying131
  • Home Selling26
  • Market Conditions9

Activity 12
Tue Apr 9, 2013
Mona Elmore answered:
Would you please give an address since Milwaukee is a large county and city! Thanks.
0 votes 8 answers Share Flag
Fri Feb 8, 2013
Eric D Lenz answered:
Crime statistics are available from the Milwaukee Police Department for different neighborhoods/zip codes.
0 votes 3 answers Share Flag
Thu Feb 7, 2013
Eric D Lenz answered:
Are you referring to the highest current asking price, the highest price sold in the last 6 months, the highest price sold ever, or what?
0 votes 3 answers Share Flag
Wed Jan 2, 2013
Mark Dallmann answered:
There are a couple of ways to find going rents in an area. Check Craig's List to see what landlords are asking for in the area or there is a formula some often use, Property Value / 10 / 12 months or $129900 / 10 / 12 = $1075 per month. ... more
0 votes 2 answers Share Flag
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
0 votes 1 answer Share Flag
Tue Sep 22, 2009
Luke Allison answered:
Absolutely. A VA loan is a very strong financing option. Always has been. To factor your available payment, take about 30% of your gross monthly income. That is a good place to start. You can also have a seller pay up to 4% in closing costs. In a perfect scenario, you can walk into a closing with a pen to sign and leave with a home.

Let me know if you have any questions about VA financing.
Luke Allison
Bank of America Home Loans
... more
0 votes 3 answers Share Flag
Thu Feb 18, 2016
Debby Thompson answered:
You might consider having a home stager come in and check things out. Some times it is a little thing that might work. Make sure your condo has as many pictures as possible on line and in MLS. Sometimes it is a good idea to have as the main picture the inside and not the building. Price could also make the difference. You might take a field trip and look at the other units available in your building to see what they are offering or how they look compared to yours. Could be paint colors. Good luck hope this helps. ... more
0 votes 4 answers Share Flag
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
Dallas Texas answered:
Mon Jun 30, 2008
lsdfka kl;fask;sak answered:
Hi Gerald,

I am very familiar with your building, my office is right next door. The best comp I could find for you is a one bedroom purchased in 2002 for $199,000 and sold in January of this year for $225,000. This condo is on the Water/River side which accounts for the difference in the original asking price of your unit of $160K. There is new building with in a block that has one bedrooms going for 199K. I would need to take a look at your unit and do a more thorough market analysis, but I have a number in mind for you. Please feel free to email me directly for more information. ... more
0 votes 3 answers Share Flag
Tue Mar 11, 2008
Emily Erekuff answered:
Hi Darnene,

Trulia currently shows 215 homes for sale in this area at the link below.

Best Wishes,

Emily Gibson
Customer Service Representative
0 votes 3 answers Share Flag
Sun May 30, 2010
Brian Roslawski answered:
The market for both residential and commercial has been strong. Interest rates are still low and property here had only seen modest gains over the last few years so prices are not in a sharp decline. There is however a growing inventory giving buyers plenty choices and leading to increased marketing time for sellers.
... more
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