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Wisconsin Monthly Home Sales Surge 50% in March
Wisconsin Monthly Home Sales Surge 50% in March
Wisconsin Monthly Home Sales Surge 50% in March
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May 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums surged by over 50 percent in Wisconsin during March and outpaced the previous year’s sales for the ninth consecutive month according to the latest housing data from the Wisconsin Realtors® Association (WRA).

An estimated total of 4,791 existing single-family homes and condos were sold in the Badger State in March. That was 53.8 percent higher than the 3,116 homes sold in February and 25.0 percent higher than the 3,834 homes sold in March 2011. It was the ninth consecutive month that homes sales have improved year-over-year.

The median sales price for an existing home in Wisconsin increased by 7.4 percent in March to $123,500, up from $115,000 in February, and was 0.4 percent higher than the median price of $123,000 in March of last year.

Rob Keefe, Chairman of the WRA, stated, “It’s very encouraging to see sustained growth in home sales. We’re hopeful that the combination of moderating prices and low mortgage rates will carry this momentum into the next six months, which are the prime homebuying season in Wisconsin.”

All six of the regions that provide data for the monthly report posted gains in home sales over the previous year with the Northeast Region (+32.9 percent) reporting the largest increase followed by the Central Region (+32.3 percent).

The Southeast Region recorded the most sales for the month with an estimated 1,797 home sales, up from 1,446 in March 2011, while the South Central Region followed with an estimated 943 closed sales for the month, up from 749 a year ago.

Year-over-year, four of the regions posted an increase in their median prices led by the North Region (+10.5 percent) with the South Central Region (-3.1 percent) posting the largest decline in prices.

The total number of homes available for sale increased slightly in March with 54,181 homes actively available. That’s up from 52,935 in February but down from 61,510 in March of 2011.

The state had an average 12.2 months supply of homes available for purchase, up slightly from a 12.1 months supply in February but still down from a 14.5 months supply a year earlier.

Tags: existing homes, condos, sales, median home prices, Wisconsin

Source:
WRA

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Mortgage
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Estimate your monthly mortgage payment
Auto Loan
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Determine how much car you can afford before buying
Learn About
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15 Year vs 30 Year
Loan Comparison
Compare 15 year and 30 year mortgage loans
Todays Mortgage
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May 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums surged by over 50 percent in Wisconsin during March and outpaced the previous year’s sales for the ninth consecutive month according to the latest housing data from the Wisconsin Realtors® Association (WRA).

An estimated total of 4,791 existing single-family homes and condos were sold in the Badger State in March. That was 53.8 percent higher than the 3,116 homes sold in February and 25.0 percent higher than the 3,834 homes sold in March 2011. It was the ninth consecutive month that homes sales have improved year-over-year.

The median sales price for an existing home in Wisconsin increased by 7.4 percent in March to $123,500, up from $115,000 in February, and was 0.4 percent higher than the median price of $123,000 in March of last year.

Rob Keefe, Chairman of the WRA, stated, “It’s very encouraging to see sustained growth in home sales. We’re hopeful that the combination of moderating prices and low mortgage rates will carry this momentum into the next six months, which are the prime homebuying season in Wisconsin.”

All six of the regions that provide data for the monthly report posted gains in home sales over the previous year with the Northeast Region (+32.9 percent) reporting the largest increase followed by the Central Region (+32.3 percent).

The Southeast Region recorded the most sales for the month with an estimated 1,797 home sales, up from 1,446 in March 2011, while the South Central Region followed with an estimated 943 closed sales for the month, up from 749 a year ago.

Year-over-year, four of the regions posted an increase in their median prices led by the North Region (+10.5 percent) with the South Central Region (-3.1 percent) posting the largest decline in prices.

The total number of homes available for sale increased slightly in March with 54,181 homes actively available. That’s up from 52,935 in February but down from 61,510 in March of 2011.

The state had an average 12.2 months supply of homes available for purchase, up slightly from a 12.1 months supply in February but still down from a 14.5 months supply a year earlier.

Tags: existing homes, condos, sales, median home prices, Wisconsin

Source:
WRA

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Information You Can Use
Helpful Tools

May 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums surged by over 50 percent in Wisconsin during March and outpaced the previous year’s sales for the ninth consecutive month according to the latest housing data from the Wisconsin Realtors® Association (WRA).

An estimated total of 4,791 existing single-family homes and condos were sold in the Badger State in March. That was 53.8 percent higher than the 3,116 homes sold in February and 25.0 percent higher than the 3,834 homes sold in March 2011. It was the ninth consecutive month that homes sales have improved year-over-year.

The median sales price for an existing home in Wisconsin increased by 7.4 percent in March to $123,500, up from $115,000 in February, and was 0.4 percent higher than the median price of $123,000 in March of last year.

Rob Keefe, Chairman of the WRA, stated, “It’s very encouraging to see sustained growth in home sales. We’re hopeful that the combination of moderating prices and low mortgage rates will carry this momentum into the next six months, which are the prime homebuying season in Wisconsin.”

All six of the regions that provide data for the monthly report posted gains in home sales over the previous year with the Northeast Region (+32.9 percent) reporting the largest increase followed by the Central Region (+32.3 percent).

The Southeast Region recorded the most sales for the month with an estimated 1,797 home sales, up from 1,446 in March 2011, while the South Central Region followed with an estimated 943 closed sales for the month, up from 749 a year ago.

Year-over-year, four of the regions posted an increase in their median prices led by the North Region (+10.5 percent) with the South Central Region (-3.1 percent) posting the largest decline in prices.

The total number of homes available for sale increased slightly in March with 54,181 homes actively available. That’s up from 52,935 in February but down from 61,510 in March of 2011.

The state had an average 12.2 months supply of homes available for purchase, up slightly from a 12.1 months supply in February but still down from a 14.5 months supply a year earlier.

Tags: existing homes, condos, sales, median home prices, Wisconsin

Source:
WRA

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Information You Can Use

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