housing market

Trend upward
3:11 pm
Sun December 7, 2014

Economist: Property Values Improving In Northwoods

Credit en.wikipedia.org

Wisconsin Department of Revenue Chief Economist John Koskinen  says northern Wisconsin property values took a steep hit during the recession, but recent data appears to show a turnaround.

Koskinen was one of the speakers during the Northern Wisconsin Economic Development Summit in Minocqua last week.

He says a recent trend showed housing starts beginning to return, and a small rebound in property values..

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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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