The State of the Housing Market; Free seminar set for Aug. 19 in Shorewood

Aug. 17, 2009

Shorewest REALTORS®, Northshore Office

Is the housing market in Wisconsin on the rebound? It’s too early to tell for sure, but the second quarter of 2009 ended on a high note for Shorewest, REALTORS®. For the first time this year, accepted offers in June were greater than June of 2008.

There are other indicators that the market may be turning around as well. Nationally prices are up slightly in a number of key markets, according to Standard & Poor’s Case-Shiller index. Home sales are also up in many local markets, and mortgage rates continue to be low. There is also the valuable tax credit of up to $8,000 for home buyers available until December 1, 2009.

What’s more, the national consumer confidence index soared to its highest level in eight months. That’s crucial for future home buying and selling behaviors because when people are worried about their economic futures, they stay on the sidelines. According to Lynn Franco, director of the Conference Board’s research center, the latest numbers show that consumers are now considerably more optimistic about everything from jobs to their own finances.

This is all good news and positive for the housing market, and we look forward to a full recovery of the southeastern Wisconsin’s real estate market. This is also an excellent time to consider stepping into the real estate market as a sales associate.


For those interested in starting a career in Real Estate at this time, Shorewest REALTORS is offering a free Real Estate Career Seminar on Wednesday, August 19th. It will be held at 5 o’clock at Shorewest’s Northshore Office, 4559 N. Oakland Avenue in Shorewood. This seminar will provide information about obtaining a Real Estate license, answer questions about a career in today’s market and arm you with the knowledge to get started.

Reservations are requested. Please call Betsy Van Horn at 414/962-4413, ext. 183



This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.

Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.

Community Watch

» Homestead teacher agrees to resign 12:28 PM

» Updated rankings of area prep boys and girls basketball teams and players 12:10 PM

» Homestead teacher is stepping down under deal Updated:  11/27

» River Lane Inn in Brown Deer sold to Pastiche owner Updated:  11/25

» Whitefish Bay Holiday Stroll coming on Friday 11/25

» Bomb squad examines grenade found in Brown Deer house 11/25

» Inspired by Popp, Homestead seizes fifth state football title 11/25

» Sport Shorts: Nov. 26, 2015 11/25

» Shorewood robbery suspects face charges 11/25

» River Lane Inn will become Pastiche 11/25

» Woodland champion Shorewood girls basketball team looks for third title 11/25

» Homestead girls basketball team has high expectations 11/25

» Highlanders rejoice over state football title 11/25

» Shorewood School District raises $1 million for STEAM programs 11/24

» Crews battle house fire in Brown Deer; 2 cats killed Updated:  11/23

» Cats, guinea pig die in fire 11/23

» Mequon woman reported missing 11/23

» Homestead wins fifth state football title, 28-12, over Waukesha West 11/20

» Build-your-own pizza place coming to Shorewood next year 11/20

» Shorewood families want to host Syrian refugees 11/20

» Updated state championship game rankings of area prep football teams and players 11/19

» Homestead football team faces uphill title fight against West 11/18

» Wolf and Zortman fill in each other's gaps well 11/18

» Apartments, assisted living pitched in Mequon development 11/18

» Mequon-Thiensville's Demond Means says MPS role won't interfere with his day job 11/18

View All Posts Got a tip? Welcome rss



Local Business Directory