for the Greater Lake Geneva Wisconsin Area
The following is a breakdown of the housing market data from large to small, collected from reputable real estate sources, for the previous month of May 2022.
NAR’s May Home Sales Report:
June 21, 2022 | Troy Green | © 2022 National Association of REALTORS®. All Rights Reserved.
WRA’s May 2022 Housing Stats:
June 20, 2022 | Copyright 1998 – 2022 Wisconsin REALTORS® Association. All rights reserved.
METRO MILWAUKEE AREA
June 15, 2022 | Dan Zielinski | ©2022 Metro Multiple Listing Service, Inc
COUNTYWIDE & LOCAL MUNICIPALITIES
Below are the May 2022 statistics for Kenosha, Racine and Walworth Counties, PLUS the Lake Geneva – Delavan – Williams Bay municipalities.
June 10, 2022 | Jean Patterson | ©2022 Metro Multiple Listing Service, Inc | Powered by RapidStats
Other Notable Market Updates:
by Sabrina Speianu and Danielle Hale, June 2, 2022.
Buyers: Yes, interest rates are higher than they were this time last year, however: 1) let’s be honest they were unusually low last year; and 2) interest rates will go up again before the end of the year. Is it the right time to buy? In my opinion, yes – the sooner the better! That being said, increased interest rates should theoretically help with inflation and curb the rise of home prices. For more information, please feel free to reach out!
Your free, instant Home Valuation here: HomeValuationzByAnnie.com
Sellers: It is the season for home shopping and buyers are here in the Southeastern Wisconsin region, as per usual. Don’t miss this opportunity to include all these ready, willing and able buyers trying to get a home before interest rates go up again (as they’re scheduled to). Now is a great time to list your home! Contact me for your free home valuation.
Licensed Real Estate Agent
Compass Wisconsin – Lake Geneva
My May 2022