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What's NEW! (Updated September 2015)
We Now Offer PROFESSIONAL HOME STAGING
Total Realty LLC is proud to offer professional staging on all of our full service listings beginning July of 2015. As part of our full service listing Storied Homes will conduct a 2 hour consultation and go through your home room by room giving suggestions and tips on how to maximize space and your homes potential. Recommendations are simple and inexpensive and are meant to attract more potential buyers. You can find out more about Storied Homes, Cindy Schickert and Joel Gollhardt, under the "Home Staging with Storied Homes" tab.
HOT Wisconsin Housing Market Continues to Grow in July
The hot Wisconsin housing market showed continued strength in July with both existing home sales and median prices higher than the levels in July last year, according to the most recent analysis of residential housing conducted by the Wisconsin REALTORS® Association (WRA). Existing home sales increased 16.9 percent in July 2015 relative to July 2014, and median prices rose 3.8 percent to $163,999 during that same time frame.
“Summer is obviously our peak sales period, and it’s encouraging to see a continuation of the strong sales that began in the spring,” said Dan Kruse, WRA board chairman. “This is the strongest spring and early summer sales volume we’ve seen since before the recession,” said Kruse. Home sales have been up by double-digit margins compared to last year in all but one month since March this year, which made this the best start to the year since 2005. The period between March and August account for about 59 percent of annual sales in a typical year. “We’re definitely on pace for a very strong 2015 if sales continue to grow at this pace,” said Kruse.
Every region of the state was up in July, with the strongest growth seen in the Northeast region where sales grew 30.3 percent compared to July 2014 as well as the South Central region where sales were up 21.8 percent over that same period. Other strong regions were the West, up 14.6 percent; the North, up 2.5 percent; and the Southeast, up 11.9 percent. Modest growth was also recorded in the Central region, which was up 5.8 percent.
July saw median prices grow 3.8 percent relative to last July. “While median prices have been growing throughout the year, it’s actually good to see the pace settle down a bit,” said WRA President and CEO Michael Theo. For the first half of the year, median prices increased 6.9 percent, which could ultimately erode affordability in the state if this trend continues. “Fortunately the minor changes in prices coupled with slight improvements in mortgage rates and income levels have kept affordability almost unchanged over the year,” said Theo. The Wisconsin Housing Affordability Index shows the percent of the median-priced home that a buyer with a 20 percent down payment and median family income can qualify to purchase. The index stood at 218 in July, which is nearly identical to its level during July last year.
Although new listings of homes for sale are up slightly for the year, they dipped somewhat in July, which put some pressure on inventories. “The supply of available housing continues to tighten and has become a more serious problem in the cities,” said Theo. Available inventory is down 14 percent to 8.7 months statewide, but counties that are part of metropolitan areas had just 6.5 months of available supply in July, which will continue to put upward pressure on home prices. REALTORS® advise that buyers in such markets will need to consider what the market might look like a year from now. “There are still great opportunities out there, but buyers need to be prepared to move quickly when the opportunity presents itself,” said Theo. “Working with an experienced REALTOR® who knows the local neighborhood remains the best way to identify the best values in a tight housing market,” he said.
If you are thinking of Buying give us a call anytime at 414-333-3723 (Troy) or 262-208-8520 (Mike) to talk about your real estate needs. If you are thinking of Selling please contact us for a FREE market analysis of your home.
1574 S. 74th St, West Allis WI. Beautiful Bungalow with old world craftsmanship throughout. 3 bedroom, 1.5 bathrooms, 2.5 car detached garage. $139,900.
2874 N. Hartung Ave, Milwaukee WI. Move in ready Enderis Park colonial. 2 bedroom, 1 bathroom, 2 car detached garage. $119,900.
Please visit our 'Featured Listings' section for more information on these great homes or simply click HERE to view exclusive TOTAL REALTY listings.
Welcome to TOTAL REALTY LLC. Whether you are buying or selling we are here to serve all of your real estate needs. TOTAL REALTY has been serving southeast Wisconsin since 1976. We hope you find our site easy to use as it was designed with Buyers and Sellers in mind. See how easy it is to search for homes that are currently listed in Southeast WI or just sit back and allow us to do the work for you and watch how easy and quickly the information is sent to you!
CLICK HERE to put our Buyer Program to work for you! Our site offers many ways to find your dream home. Check out our Property Search option and select all the different areas that you may want to live in. Search by area, municipality, zip code, county, etc. It's that easy!
We welcome the opportunity to put our Buyer Program to work for you. This is a proven no-cost program that helps you locate and purchase your new home. Simply let us know what you are looking for in your new home and we will set you up on an automated search so you have access to new listings immediately!
If there is a property you would like to tour please let us know when you are available and we can show you ANY and ALL listed properties in Southeast WI. We are also experienced and willing to work with 'for sale by owner' properties if your future dream home is not listed in MLS. As a Buyer's agent we will represent YOU in the purchase, not the seller and make sure that YOUR needs and interests are met.
We offer you FULL SERVICE at a reasonable commission and will help get your home in front of more potential Buyers. Go to our Commission Schedule page to see how much we will save you compared to other full service real estate companies. We also offer limited service listings for clients who want the full exposure that MLS and the internet brings but choose to be more actively involved in the home selling process. Please go to FLAT FEE MLS for additional information.