VIEW ALL TOTAL Realty Listings (Click Here)

PROPERTY SEARCH (Click Here to start your home search)

What's NEW! (updated February 2012)

Home Sales Stabilize in 2011 as Median Prices Fall

The Wisconsin real estate market improved in 2011 with home sales totaling slightly above 2010 levels, according to a year-end report released by the Wisconsin REALTORS^® Association (WRA). Sales of existing homes for 2011 were 0.2 percent above 2010, and the median price of homes fell 6.4 percent to $132,000, according to the report. Monthly trends in home sales ran well above 2010 levels throughout the second half of the year.

"Remember that home sales were pushed into the first half of 2010 due to the Federal Homebuyer Tax Rebate program, so we expected the first half of 2011 to look weak and the latter half to look stronger by comparison," said Rob Keefe, Chairman of the WRA Board of Directors. "What is encouraging is to see monthly home sales continue to outpace last year's levels," he said, noting that home sales in December were 11.3 percent higher than December 2010.

The WRA's report said other economic factors impacting the housing market also showed signs of improvement. "We are seeing some promising signals in the state labor market," said WRA President and CEO, Michael Theo, who noted that the state wide unemployment rate dropped more than a half percent over the last two months to 7.1% in December. "We are actually seeing private sector job growth in excess of the lost local government employment for 2011, and with net job growth outpacing the growth in the labor force for the year, the rate of unemployment has been falling," said Theo. "If home sales are to continue to grow, we will need more robust job growth going forward, but a falling unemployment rate is a welcomed sign," he said.

Another bright spot in the WRA's report showed inventories of unsold homes dropped to 12.5 months of supply in December, which is the first time it has been below 13 months since the WRA began tracking inventory levels in May 2010. In addition, the Wisconsin Housing Affordability Index, which shows what percentage of a median-priced home a buyer with the median family income can afford, stood at 269 for December 2011, up from 230 in December2010. "The Wisconsin housing market is still very much a buyer's market, and the decline in median prices in December combined with 30-year mortgage rates below 4 percent has pushed affordability to very high levels, which is great news for buyers who qualify for mortgage credit," said Theo.

Source WRA

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.

New Listings

2955 S. Mabbett Ave, Milwaukee.  Large, well maintained home in the heart of Bayview!  4 bedrooms, 2 baths, 1.75 car garage.  $197,400.

W52N106 Pioneer Ct, Cedarburg WI. Rare side by side ranch condo with full basement. 2 bedrooms, 2 baths, 2 car attached garage, $199,900.

4551 S. 68th St, Greenfield WI. One of a kind Custom Home! 3 bedrooms, 2 full/2 half baths, 2 car garage, $289,900.

Please visit our 'Featured Listings' section for more information on these great homes or simply click the green "View all TOTAL Realty Listings" at the top of the page.

Welcome

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.

You will 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!

Buyers

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 alittle about 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.

Sellers

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.