Menomonee Falls, WI

I looked up the sales figures on the MLS for the past couple of years. These figures are for all of southeastern Wisconsin, all properties.

4532 Sales all of MLS from Jan 1 to Apr 2009.

6031 Sales all of MLS from Jan 1 to Apr 2008.

8078 Sales all of MLS from Jan 1 to Apr 2007

8506 Sales all of MLS from Jan 1 to Apr 2006.

8564 Sales all of MLS from Jan 1 to Apr 2005.

8197 Sales all of MLS from Jan 1 to Apr 2004

These figures show we are at about 53% of past years.

The home sales market is rebounding in the Milwaukee area. January and February of 2009 have seen a high volume of sales in foreclosures. The first week of April has seen an increase in sales in suburban homes under $200,000. This has been achieved with little or no government involvement.

Past years have shown, prices will increase as new listings enter the market in early spring with moderate or high sales figures. The Greater Milwaukee area has experienced price increases averaging 8% for five consecutive years ranging from 2002 to 2007. From 2007 to 2008 Wisconsin has shown a 1% increase in overall pricing. Many sellers are waiting for the first sign of a turn around in prices. When this happens, many sellers will list their homes at prices above market value. If sales continue to increase, so will prices. Sellers will be like a person coming up out of a pool of water. After holding their breath for such a long time they will be trying to gather as much in one breath as they can. Any good news in home sales will bring out sellers, marketing properties at higher prices with the mind set of, "if I sell at this price, great, if not, I'll take it off the market."

With higher priced homes entering the market, other sellers may be less willing to negotiate.

Prices can vary drastically from neighborhood to neighborhood. A quick and easy indicator can be found in the use of an MLS Portal. This is an easy to use web based program provided by the Greater Milwaukee Association of Realtors through the local MLS. Information on homes in the areas you are interested in are automatically send to you via e-mail. The Portal keeps a collection of these listings so they can be viewed at any time. Status changes are also recorded on this Portal. When a listing receives an accepted offer a little yellow tag is attached to the listing. The status also changes when the listing is sold, expires or is withdrawn.

In the past few weeks we have seen accepted offers in numbers not seen over the past 18 months of the economic turn down. Lower list prices and interest rates have created a large number of appealing bargains on the market.

If you do not have the use of an MLS Portal, let me know and I can set one up for you. This will be the easiest way for you to keep an eye on the market where you are most interested. This will give you the ability to witness local trends.

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.

E-mail me.

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.

Chances are that it has already gone under contract. If the homes are in great shape and priced right, buyers are moving swiftly to take advantage of the deals.

The typical spring real estate market is gearing up earlier than expected this year. I have been out looking at a lot of properties with clients. On multiple occasions we have seen really nice looking properties come on the market and waited to see them, but haven't been able to. They have gone under contract in less than two weeks. So you heard that right. Some properties are going for over list price in this market.

Looking for your next home in Menomonee Falls or Germantown... now is truly a great time. But be prepared. Have your pre-approval letter in place with a lender. Don't wait to see the property because you think it will be there next weekend. If you like what you see, remember others are looking too. We are helping our Buyer and Seller clients in this market and are available to help you as well. Please give me at call The Kuchta's at 414-651-1613 and let us help you achieve your real estate related goals this year.

ABR - Accredited Buyer Representative
CREN - Certified Real Estate Negotiator
SRES - Senior Real Estate Specialist
LHM - Luxury Home Member
CSRS- Certified Shorewest Relocation Specialist
NABPOP - National Association of Broker Price Opinion Professionals

RELOCATION SPECIALISTS Fully trained in Short Sales, the Foreclosure Process, BPOs and REO listings.

We are also members of GMAR (Greater Milwaukee Association of Realtors), WRA (Wisconsin Realtors Association), and NAR (National Association of Realtors).

The Kuchta's are Menomonee Falls, Germantown Realtor Expert. Call or email us anytime or visit our website: http://thekuchtas.shorewest.com

Email: kkuchta@shorewest.com

Colleen-262.437.5834 or 262.894.6512
Kelly-262.437.5846 or 414.651.1613
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