The Troy Burne Golf Village and Hudson WI housing market continued to see average home sale appreciation over the past 12 months, but the housing market correction is on its way. Research shows listings are down from a year ago. The number of showings per listing is slowing. Sellers are reducing their list prices after going on the market at a faster rate. Mortgage and new construction Continue Reading
Archives for May 2022
Hudson WI Housing Market Correction 2022
The Hudson housing market continued to see average home sale appreciation over the past 12 months of 12.4% through April, but the housing market correction is on its way. Research shows listings are down 11.7% from a year ago. Closed sales are down 8.1% over the past 12 months. The number of showings per listing has flat-lined from the beginning of the year. Sellers are reducing their list prices Continue Reading
Ellsworth WI Housing Market Correction 2022
Ellsworth WI and Pierce County housing market is just starting to show the early stages of a housing market correction. The number of showings per listing are declining. More sellers are reducing their list prices after going on the market at a faster rate. Mortgage and new construction applications are slowing. More importantly 30-year mortgage interest rates have climbed faster than anticipated Continue Reading
St. Croix County WI Housing Market Correction 2022
The St. Croix County housing market continued to see average home sale appreciation of 13.2% over the past 12-months. The number of closed sales over the past 12-months is only down slightly, but there are indications a housing market correction is on its way. That the number of showings per listing are slowing. That sellers are reducing their list prices after going on the market at a faster Continue Reading
Houlton WI Housing Market Correction 2022
The Houlton WI St. Croix County housing market continued to see average home sale appreciation over the past 12-months but the housing market correction is on it's way. That the number of showings per listing are slowing. That sellers are reducing their list prices after going on the market at a faster rate. Mortgage and new construction applications are slowing. More importantly 30-year mortgage Continue Reading
New Richmond WI Housing Market Correction 2022
The New Richmond and St. Croix County housing market continued to see average home sale appreciation over the past 12-months but the housing market correction is on its way. Research shows listings are down from a year ago. That the number of showings per listing are slowing. That sellers are reducing their list prices after going on the market at a faster rate. Mortgage and new construction Continue Reading