FOR MORE INFORMATION ON THE MARKET IN YOUR AREA, CALL ON ME TO GIVE YOU A COMPLIMENTARY MARKET ANALYSIS.
For help with selling a home.
Call me for help before Foreclosure.
For help with buying a home.
Your neighborhood expert is here to help.
You can find great local Milwaukee Wisconsin area real estateinformation on Localism.com April Hayden-Munson Realtor, Southeastern Wisconsin is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business. Serving Milwaukee, Waukesha, Washington counties and the surrounding area.
Times were pretty bad early last year when banks and loan companies were closing their doors. Things have quieted down quite a bit, so imagine the surprise when the doors were closed on a very large institution here in Wauwatosa, Wisconsin. 220 people were employed there.
What a nightmare - people ready to close on their home and no loan!!
Central States Mortgage Company on Monday morning - the front doors were locked and a sign on the front door stating: Central States Mortgage has suspended operations. Employees and customers alike were turned away.
Central States funded loans for many midwest area credit unions. Anyone with a pending loan at a credit union or Central States should check into their status right away. Not all area credit unions are affected, but many are.
The story as reported by the Milwaukee Journal Sentinel can be seen here.
From my understanding, a credit union in Illinois demanded payment of $33 Million in loans - with that Central States closed their doors. Things are uncertain at this time, as to whether or not Central States will reopen.
If you would like help in finding a good source for your mortgage loan, please contact me. I can help.
For help with selling a home.
Call me for help before Foreclosure.
For help with buying a home.
Your neighborhood expert is here to help.
You can find great local Milwaukee Wisconsin area real estateinformation on Localism.com April Hayden-Munson Realtor, Southeastern Wisconsin is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business. Serving Milwaukee, Waukesha, Washington counties and the surrounding area.
The final numbers are in for Real Estate in Milwaukee County. The numbers for 2008 ended with 7,542 homes being sold. (as provided to the WRA by the Multiple Listing Service).
The median sales price is the lowest since 2004.
What does this mean? It is a great time to buy a home!! It is a great time to sell and move up to a larger home!!
The number of sold homes was lower than in the past 10 years. The prices however, are higher than 10 years ago.... on par with the going prices in 2004.
| Q1 | Q2 | Q3 | Q4 | YTD | |
| 2008 | 1476 | 2221 | 2274 | 1571 | 7542 |
| 2007 | 1968 | 2839 | 2391 | 1772 | 8970 |
| 2006 | 2230 | 3377 | 3015 | 2324 | 10946 |
| 2005 | 2138 | 3459 | 3356 | 2564 | 11517 |
| 2004 | 2010 | 3233 | 3171 | 2636 | 11050 |
| 2003 | 2051 | 2975 | 3002 | 2497 | 9891 |
| 2002 | 1877 | 2862 | 2689 | 2353 | 9781 |
| 2001 | 1700 | 2689 | 2547 | 2152 | 9088 |
| 2000 | 1512 | 2639 | 2493 | 2022 | 8666 |
| 1999 | 1503 | 2550 | 2524 | 2017 | 8594 |
| 1998 | 1578 | 2685 | 2460 | 2048 | 8771 |
| 1997 | 1412 | 2403 | 2325 | 1884 | 8024 |
| Q1 | Q2 | Q3 | Q4 | YTD | |
| 2008 | $150,000 | $158,500 | $155,000 | $131,100 | $150,800 |
| 2007 | $158,600 | $165,700 | $165,700 | $153,300 | $161,500 |
| 2006 | $153,300 | $162,500 | $162,900 | $156,000 | $158,700 |
| 2005 | $144,300 | $154,700 | $158,700 | $153,800 | $153,300 |
| 2004 | $123,500 | $140,000 | $145,700 | $140,000 | $138,700 |
| 2003 | $121,300 | $130,600 | $130,600 | $125,000 | $128,200 |
| 2002 | $112,000 | $117,300 | $121,400 | $120,000 | $118,600 |
| 2001 | $104,000 | $111,800 | $112,000 | $112,900 | $110,700 |
| 2000 | $93,200 | $102,800 | $105,500 | $102,900 | $101,600 |
| 1999 | $94,500 | $99,900 | $99,900 | $92,700 | $97,400 |
| 1998 | $94,700 | $97,800 | $99,100 | $95,200 | $96,900 |
| 1997 | $85,900 | $91,700 | $93,300 | $88,900 | $90,300 |
Information provided from the Wisconsin Realtors Association 2-12-2009
FOR MORE INFORMATION ON THE MARKET IN YOUR AREA, CALL ON ME TO GIVE YOU A COMPLIMENTARY MARKET ANALYSIS.
For help with selling a home.
Call me for help before Foreclosure.
For help with buying a home.
Your neighborhood expert is here to help.
You can find great local Milwaukee Wisconsin area real estateinformation on Localism.com April Hayden-Munson Realtor, Southeastern Wisconsin is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business. Serving Milwaukee, Waukesha, Washington counties and the surrounding area.
For help with selling a home.
Call me for help before Foreclosure.
For help with buying a home.
Your neighborhood expert is here to help.
You can find great local Milwaukee Wisconsin area real estateinformation on Localism.com April Hayden-Munson Realtor, Southeastern Wisconsin is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business. Serving Milwaukee, Waukesha, Washington counties and the surrounding area.
For help with selling a home.
Call me for help before Foreclosure.
For help with buying a home.
Your neighborhood expert is here to help.
You can find great local Milwaukee Wisconsin area real estateinformation on Localism.com April Hayden-Munson Realtor, Southeastern Wisconsin is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business. Serving Milwaukee, Waukesha, Washington counties and the surrounding area.
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With nearly $300 Million in personal sales April has been an outstanding leader in real estate for 20+ years. Contact April to help you buy or sell in the Milwaukee area, she gets the job done!
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