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
River Falls Wisconsin
Prescott WI Housing Market Correction 2022
Prescott WI and Pierce County housing market is possibly 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 Continue Reading
Prescott WI Housing Market Correction 2022
Prescott WI and Pierce County housing market is possibly 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 Continue Reading
River Falls WI Housing Market Correction 2022
River Falls WI housing market is starting to show the early stages of a housing market correction. Both new listings and the number of closed sales are down 8.3%, and 10.4%. Home appreciation in the month of April 16.2% average sale price appreciation, but this will start to fall as we continue into 2022. The number of showings per listing are declining. More sellers are reducing their list prices Continue Reading
Pierce County WI Housing Market Correction 2022
Pierce County WI Housing Market Correction 2022 Pierce County housing market is possibly 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 Continue Reading
River Falls WI Housing Market Changes in 2022
River Falls WI Housing Market Changes in 2022 Locally the housing market is changing from a sellers housing market which has been driven by rapid appreciation for the past two or three years due to shortages of homes for sale. The rapid appreciation has been driven by the pandemic along with historic low mortgage interest rates. Combined it has forced the housing supply to be out of balance Continue Reading
