The S&P Case-Shiller index showed the biggest year-over-year gains in prices since 2006. The index measures the 20 largest markets in the nation each January and has posted the change in home prices each year above. Since the housing bubble burst in January of 2006, home prices have continued to decrease, with the lowest rates [...]
Posts Tagged ‘Home Selling’
The State of the Market — May 2013
A letter from Joseph A. Horning, President of Shorewest, REALTORS® Throughout the first quarter, the nation saw growth in home sales and median prices. In Wisconsin, first quarter home sales were up 11% and median prices rose 5% compared with the first quarter of 2012. We are seeing fewer distressed properties, which is one of [...]
Four Staging Solutions for Selling Your Home
Have you ever walked into an open house and wondered, “What were they thinking?” If you’re putting your home on the market, read our four tips for staging your home effectively this spring. Put any collections into storage. Even if you have high-end cases built for your collectibles and could find buyers with the same [...]
3 Great Reasons to Sell Your Home Today
The market is hot and there’s never been a better time to sell your home. Here are three great reasons that you should call a Shorewest agent today! 1. Demand for real estate is much stronger this year. The great news for today’s home sellers is that the current housing market is experiencing a stronger [...]
Why You Need a REALTOR® — an Infographic by Shorewest, REALTORS®
Are you thinking about selling your home on your own? Check out our new infographic which details how using a sales associate can help you sell your house for more money, less work and stress and the other advantages of using an agent. Want to work with the best? Shorewest sells more homes than our [...]
February 2013 Home Sales Reports Shows Double-Digit Growth for 20th Consecutive Month
Reports for the last year have continued to show that the housing market is back, and the 2013 February Home Sales Report released today by the Wisconsin REALTORS® Association is no different. February marked the 20th straight month of double-digit growth in sales of existing homes. Sales were up 11.7% compared to February 2012 and [...]
2012: Another Year with Shorewest on Top
Shorewest, REALTORS® spent another year on top of the southeastern Wisconsin markets, producing the most sold homes and the highest amount of listings. In both cases, we did more business than the next three competitors combined! Shorewest sold 10,107 houses in 2012, up 27% over 2011. Shorewest listed 8,151 homes, over 5,000 more homes than [...]
How Much Will Prices Rise in 2013?
According to these four companies, home prices will rise in 2013. While JP Morgan projects a 9.7% price increase, it’s important to understand that there are a range of percentages published and they should all be considered for the year. One great source for a compilation of many projections is the Home Price Expectation Survey. [...]
Inventory Levels at Historic Lows
One of the biggest challenges facing the housing market today is the lack of homes for sale. This is such a reverse from the last few years, where inventory, especially in distressed foreclosure or short sale properties, had flooded the market and caused prices to drop dramatically. The above chart shows the national inventory levels, [...]
Housing Recovery Spikes in Last Quarter of 2012
The National Association of REALTORS® (NAR) released the Pending Home Sales Report that tracks historically the healthy level of the real estate market, indicated at 100 with a gold line. Prior to the bubble burst, the housing market had been selling far above that level, and after the crash, pending home sales decreased drastically. Many [...]