State of the Market – September 2019

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A letter from Joseph A. Horning, President of Shorewest, REALTORS®

Today there is a lot of noise and mixed messages about the housing market. Is it a buyer’s or a seller’s market? Are we on the verge of a slow down or will the economy expand, and are homes at risk? What will happen to home prices in the future? It is important to know the answers to these concerns, and Shorewest is here to help clear up some of the confusion.

We are seeing the current market transitioning from a seller’s market to a more normalized market. Buyer demand remains strong, which has been propelled by strong employment and low interest rates hovering around the mid-three percent range. Home values also continue to appreciate with recent studies showing increases of four to six percent over the next five years. Combined, these factors make now a great time for both buyers and sellers.

Here at Shorewest, REALTORS®, we will be your trusted adviser each step along the way. When selling, a Shorewest, REALTOR® will negotiate pricing, orchestrate inspections, explain contingencies and take care of many other details. When you sell a home with Shorewest, you know that people will find your property within Shorewest’s expansive network of agents that brings buyers and properties together easily. Our exceptional sales professionals list and sell more homes than any other company in Wisconsin. While it is a great time to buy or sell, it is helpful to have a professional to help navigate the market with you. Do not leave your largest assets’ sale to chance! With 25 offices conveniently located throughout Wisconsin, we are here for you.

Tags: agent, Associate, Buyers, Home, House, Housing Market, inventory, Joe Horning, President, REALTOR, Sellers, Shorewest Realtors

Categories: First Time Home Buyers, Home Buying, Home Selling, Homeowner, Mortgage, Neighborhoods, Quarterly Newsletter, Real Estate News, Shorewest News