Wauwatosa, WI

There were 12 sales in January with an average sold price of $151,500 with a list to sale ratio of 91.48% and 76 days on the market. There are currently 14 accepted offers with future closing dates.

The sales are 5 less or 31% decline from a comparision of 2010 and 2009. However, there was 25 more listings added this january or a 44% increase in new listings.

There are currently 286 listings with an average price of $220,448 with an average days on the market of 192 days.


If your would like more information, please do not hesitate to call or email me.


Keith Manson
First Weber Group
Certifed Distressed PRoperty Expert
Metro Milwaukee

http://milwaukeebailout.com

There was 38 sales in November 2009 with an average sales price of $208,811 with a list to sales ratio of 92.40% and a average time on the market of 91 days.

There are currently 19 accepted offers and 53 properties expired.

There was a increase in sales activity for November 2009 results of 10 properties when compared to 2008 results and in addition 5 fewer homes were listed in 2009 than in 2008.

Currently there are 289 properties listed with an average list price of $228,003 and have been on the market 179 days.

Really pleased to announce that Joe Banske and his team are joining our team at Cherry Creek Mortgage. I'm so excited. Joe and I have built a relationship over the last 2 and 1/2 years while he worked for another majore regional mortgage bank. Needless to say, he has finally made the switch.

I really believe that with his team, his expertise and leadership, he will raise up Cherry Creek Mortgage in Wisconsin. What makes Joe so great is that he is the consummate servant leader. He pours a lot of effort into his loan officers raising them up to be the best of the best.

Although I say that he serves Milwaukee, his office is officially in Wauwatosa. While Joe will work in all of Wisconsin, his primary areas are all areas East of Oconomowoc and South of West Bend / Port Washington and North of Racine.

I always get excited when we hire people better than me. We have done that here. Sign in and drop a welcome wish to Joe....

The sales in march 2009 were down from the results in 2008 with 33 sales which is 2 less sales. However, the issue is that there were a total of 19 sales in January and Febuary on 2009 compared to 2008. The new listing added were one less than added in 2008 in march with 97 listings. However, from the begining of the year there are 76 fewer new listings compared to 2008! Means less new inventory!

There are currently 318 listings available with and average listing price of $238,591 with an anverage time on the market of 111 days.

There are currently 19 properties with accepted offers as of 4/4/09 which gives a good start for April sale numbers.

In reviewing the sold data, there was, 33 sale that sold for an average price of $191,527 and was on the market and average 101 days.

THERE ARE A NUMBER OF THINGS HAPPENING LATELY. MORE AND MORE COMPANIES ARE BEING CREATED TO GO AFTER PEOPLE THAT NEED MORTGAGE ASSISTANCE VIA UNDERSTANDING THEIR OPTIONS.

THE CREATION OF THESE COMPANIES IS UNDERSTANDABLE. HOWEVER, LOTS OF THESE COMPANIES ARE CHARGING HIGH FEES FOR THIS ADVICE, FROM $700 TO AS MUCH AS $6000. SOME HAVE INDICATED THAT THEY WILL REFUND MONEY IF NOT SATISFIED, BUT WHEN ASKED FOR THE REFUND THE CUSTOMER IS TOLD THAT WE WILL HAVE TO REVIEW THAT SITUATION.

BE CAREFUL IF YOU ARE PAYING SOMEONE TO ASSIST WITH YOUR MORTGAGE ASSISTANCE OPTIONS AND IF YOU PAY SOMEONE MAKE SURE YOU HAVE A GOOD CONTRACT AND THAT YOU UNDERSTAND THE CONTRACT.TRY TO LIMIT YOUR UP FRONT COST!

I HAVE SEEN CASES WHERE PROPLE HAVE BEEN TRICKED INTO SIGNING AGREEMENTS TOO! BE CAREFUL!

ANOTHER THING THAT IS HAPPENING IS THE BANKS/LENDERS HAVE BEEN TRYING TO DENY MODIFICATIONS IN THE PIPELINE DUE TO THE PRESIDENTS NEW STIMULUS PROGRAM ON WWW.MAKINGHOMEAFFORDABLE.GOV. THE BANKS ARE FORCING THE APPLICANT TO RESUBMIT UNDER THE NEW PROGRAMS PUTTING THE APPLICANT UNDER MORE STRESS AND FRUSTRATION!

I AM ALWAYS WILLING TO TRY TO HELP

ANY QUESTIONS E-MAIL ME OR CALL MY VOICE MAIL AT 262-971-2857