Home sales

Slowest Month of the Year
5:27 pm
Mon February 17, 2014

January Sales Slow, But Prices Rise for Northern Homes

A cold winter may be putting a damper on home sales in Wisconsin.  In the northern part of the state January sales were down about four percent, compared to the previous January…according to the Wisconsin Realtors Association.  Statewide sales were down almost seven percent.

But Economist David Clark says the cold weather could result in a spring rebound.

“The flip side may be that if colder than normal weather is causing some people to sit on the sidelines in December, January and February, it may simply shift them into March, April and May.” 

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Real Estate Rebound
1:57 pm
Thu December 26, 2013

Northern Home Sales Rising Slower Than State

Credit th.wikipedia.org

Home sales were up slightly in November for the Northern part of the state, according to the Wisconsin Realtors Association.  That bucks the trend for the rest of the state, which saw an overall dip in sales for November.  Marquette University economist David Clark says median price increases were also high – at over 8 percent in the north.

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Sales Slowing Down
12:02 pm
Tue November 19, 2013

Home Prices Continue to Climb

An economist says a high inventory is keeping prices from soaring.
Credit Bill McChesney

Home prices went up again last month, but the number of sales remained flat. 

Wisconsin Realtors Association reports median sale prices are up seven and a half percent so far this year...compared to 2012.  Economist David Clark says a high market inventory should keep prices from skyrocketing.

“I think those increases will moderate as we go forward.  And that ought to keep housing relatively affordable.”

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Rebounding Housing Market
2:34 pm
Mon October 21, 2013

Up North, Slower Recovery for Some Home Markets

Home sales are on the upswing in Wisconsin, but the picture is more varied for the north.
Credit Casey Konstantín

Homes prices in some northern counties are not quite keeping pace with the rest of the state.  

The Wisconsin Realtors Association says statewide, median home prices went up almost eight percent in the first three quarters of this year.  But in Forest County, prices dropped almost 40 percent. 

Dave Clark, economist for the Wisconsin Realtors Association, says don’t panic.  Statistics in the northern part of the state tend to be more volatile.  There’s a smaller dataset and a wider mix of the types of homes that sell from year to year.

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Sales up; prices slightly higher
3:50 pm
Tue August 20, 2013

Housing Rebound Continues In Most of Northwoods

More homes sold
Credit wellheeledblog.com

Sales of homes in the Northwoods continue to climb, but prices leveled off in July according to a Wisconsin Realtors Association monthly survey.


Economist David Clark says July homes sales in the 18-county northern region were up about 300 units from 2012, or 3,314 sold. Average price was $110,000, down about 2 percent from last year.


Clark says statewide sales were up 17 percent from a year ago and the median sales prices were up about 9 percent. He says July is one of the prime home buying times in Wisconsin.

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Prices off in May
3:24 pm
Tue June 18, 2013

Northwoods Home Sales Continue Long Climb

Uptick in home sales
Credit Jeffrey Turner

Another strong sales report from a realtor's group shows that market sector is recovering from the recession.


The monthly Wisconsin Realtors Association report shows statewide, the sale of existing homes in May increased 18 percent over May 2012. That's the 23rd straight month of sales growth in Wisconsin.


Economist David Clark says a key factor is the diminishing number of available homes to buy...



"....we're down to under 10 months of supply and it was about 13 months this time last year....."

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