October 2016 held some solid home sales just like October 2015 did. The first 10 months of this year are the strongest in housing since 2005! That’s amazing! Also amazing? Home prices in the 10 months of 2016 were up 5.1 percent over the same 10 month period in 2015.
The best recipe for a strong housing market are low interest rates, a good/strong economy, and continued affordable housing – which currently Wisconsin has all three. Fun fact for today: Unemployment in Wisconsin is at a 4.1% which is pretty close to what economists consider to be full employment.
To read more about the housing market in Wisconsin, click here
If you are thinking about buying or selling your home, contact me! It may be cold outside, but homes are still selling quickly, and there are still home buyers looking!