“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Lisa Bear Waukesha & SE WI Real Estate Buyers Agent/Luxury/Lake/REO 2628935555

February 2012 HOUSING MARKET Statistics for Waukesha, Milwaukee, Washington and Ozaukee Countiess

For Immediate Release
Contact: Mike Ruzicka
414.778.4929 or mike@gmar.ws

Home Sales Up 24.8% in February


March 9, 2012 – The housing market continued its stellar start to 2012 in February, increasing 24.8% in the 4-county metropolitan area. February marked the 8th month in a row that sales increased by double-digits.

Brokers have been reporting a great deal of activity on their websites, at open houses and in showing requests since just after Thanksgiving 2011, which lead to increased closings in January and February. And, brokers are reporting even more activity in the first two weeks of March.

An unprecedented level of affordability and extremely low interest rates seem to be attracting buyers’ interest. The National Association of REALTORS® reported, “Housing affordability conditions have reached the highest level since recordkeeping began in 1970…. NAR’s Housing Affordability Index rose to a record high 206.1 in January, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power.”

With employment figures improving in the state, consumer confidence also appears to be rising. Consumer confidence has been a missing ingredient in the housing market’s recovery.

A notable change in the market is that listings increased in February by 22.8%. Generally, new homes are placed on the market in greater numbers in the spring; however, listing levels increased dramatically leading up to, and well into, the recession beginning in 2007. Part of the Milwaukee market’s problem over the last 5 years was an overabundance of inventory. The market had been correcting that inefficiency, decreasing listings in 10 of the last 13 months.

The increase in inventory this time is not necessarily an unwelcome development. Brokers have reported a dearth of quality, “move-in” quality homes in some areas of the market. While the level of inventory is still historically high, a large chunk of current listings are distressed properties (e.g. short sale, foreclosure). Many listings added in February are more likely to sell in the short-term than sit on the market for a long time.

County-by-County Sales Analysis:

· Milwaukee County was up 21.1% in sales over 2011 (493 units vs. 407 units)
· Waukesha County was up 32.1% vs. 2011 (222 sales compared with 168)
· Washington County was up 33.3% compared to 2011 (68 vs. 51)
· Ozaukee County was also up 20.0% vs. a year ago (42 units vs. 35 units)

Fly in Spring with a NEW HOUSE and a BIRD HOUSE too!

It appears with the Bizarre winter of 2012 in Wisconsin, that Spring may be coming early and that means so are the birds or is it?

If you are familiar with the birds in your area you know that the change can be abrupt: One morning, the bushes and trees around you are suddenly filled with singing birds that were not there just the day before.

The spring migration is urgent. For each species there is a specific, optimal time when the birds need to arrive in their breeding areas. The strongest males arrive first and stake out the prime territories, often in the same location where they nested the previous year. When females arrive, they select the males that occupy the best habitats for raising young. The pair must then construct a nest, incubate eggs, and raise their brood in the short period before it is time to start the journey back to the wintering range.

The needs of birds aren’t much different than our own. Food and water are absolute basics, but so is shelter or cover to serve as protection from the weather and a safe place to raise a family. Provide these fundamental elements in your backyard habitat, and you will attract numerous visitors.

Wild Birds Unlimited Nature Shop of Brookfield and Lisa Bear of RE/MAX want to help the Birds and also show you how to turn your backyard yard into a bird feeding habitat that brings song, color and life to your yard and home.

For any home that is listed or sold in March 2012 with LISA BEAR of RE/MAX, we are offering you a free bird house and seed to help bring your BIRDS HOME!

Care for Your Castle -- and It Will Care for You

Care for Your Castle -- and It Will Care for You

Your home represents an investment, as well as being a protective haven for your family and possessions. Have you the foresight to protect it? If you have been through an emergency or disaster, you know the importance of this question. If you have only experienced a disaster through the news, you can only begin to imagine. But like many homeowners, you may be asking how you begin to tackle the task of being prepared for emergencies? Begin by looking at the structure and systems in your home.

Skipo Castle

Can anyone identify this Castle?

Thankful Thursdays

“We must be willing to fail and to appreciate the truth that often "Life is not a problem to be solved, but a mystery to be lived.

M. Scott Peck

Calling all Leapers and Leaplings

Why TAKE A LEAP?

Leap years are added to the calendar to keep it working properly. The 365 days of the annual calendar are meant to match up with the solar year. A solar year is the time it takes the Earth to complete its orbit around the Sun — about one year. But the actual time it takes for the Earth to travel around the Sun is in fact a little longer than that—about 365 ¼ days (365 days, 5 hours, 48 minutes, and 46 seconds, to be precise). So the calendar and the solar year don't completely match—the calendar year is a touch shorter than the solar year.


It may not seem like much of a difference, but after a few years those extra quarter days in the solar year begin to add up. After four years, for example, the four extra quarter days would make the calendar fall behind the solar year by about a day. Over the course of a century, the difference between the solar year and the calendar year would become 25 days! Instead of summer beginning in June, for example, it wouldn't start until nearly a month later, in July.

WHO TOOK THE FIRST LEAP?

The Egyptians were the first to come up with the idea of adding a leap day once every four years to keep the calendar in sync with the solar year. Later, the Romans adopted this solution for their calendar, and they became the first to designate February 29 as the leap day.

LEAP DAY FUN FACTS

* Persons born on leap day, February 29, are called "leaplings" or "leapers."

* According to the Guinness Book of Records, the only verified example of a family producing three consecutive generations born on February 29 is that of the Keogh family.Peter Anthony was born in 1940, his son Peter Eric in 1964 and Peter's daughter Bethany Wealth in 1996.

* NEXT LEAP DAY - MONDAY, FEBRURAY 29th - 2016

* Every year that is divisible by four is a leap year.

* The US Presidential elections are held during Leap Years

* Every February 29th, NO MAN IS SAFE, it’s okay for a woman to buck convention and propose marriage to the man of her choice. If the man refuses, he then is obligated to give the woman money or buy her a dress. In upper-class societies in Europe, if the man refuses marriage, he then must purchase 12 pairs of gloves for the woman, suggesting that the gloves are to hide the woman's embarrassment of not having an engagement ring.


SO......ARE YOU A LEAPER or A LEAPLING?