Wisconsin October 2014 Housing Statistics

The Wisconsin housing statistics are in for October of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

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Wisconsin’s home sales rose significantly in the month of October, and median prices continued growing at a solid rate, according to a recently released analysis of the state’s housing market by the Wisconsin REALTORS® Association (WRA). Existing home sales in October 2014 were 9.6 percent higher than October 2013 while median prices were up 4.2 percent over that same period, growing to $148,000. “This was a strong bounce in home sales in a month where sales activity is typically winding down as we approach winter,” said Dan Kruse, chairman of WRA board of directors. “In fact, this is the strongest October sales we have seen since 2005 when the WRA began using the current data collection system.” Kruse said. Median prices continued to rise statewide in October, growing at a 4.2 percent annual pace. On a year-to-date basis, home prices in Wisconsin were up 2.5 percent compared to the first 10 months of 2013, which more than outpaces the annual national inflation rate, which stood at 1.7 percent as of September.

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Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Dane County, and Rock County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. This month Dane & Rock County’s home prices increased significantly. On a year over year basis, Dane County home prices were up 3.7% and Rock County prices are up 13.8%!

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Thinking of purchasing a home before prices or rates rise any further? I’d be happy to show you any homes currently listed for sale. Feel free to visit either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

With the recent home price increases, now might be the right time to sell your Wisconsin home. Take advantage of your increased equity! Feel free to take a look at our cutting edge Rock Realty Marketing Plan! If you would like some insight into how much your home is currently worth, I would be happy to provide you with a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Click below:

What’s My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our distressed property page for more information.

Wisconsin Short Sales

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Housing Statistics for the State of Wisconsin:

October 2014
Home Sales: 6,366
Median Home Price: $148,000

October 2013
Home Sales: 5,748
Median Home Price: $142,000

Housing Statistics for Dane County, WI:

October 2014
Home Sales: 501
Median Home Price: $225,000

October 2013
Home Sales: 517
Median Home Price: $216,796

Housing Statistics for Rock County, WI:

October 2014
Home Sales: 206
Median Home Price: $122,950

October 2013
Home Sales: 165
Median Home Price: $108,000

View my report from last month. Wisconsin September 2014 Housing Statistics


Wisconsin October 2014 Housing Statistics

Wisconsin September 2014 Housing Statistics

The Wisconsin housing statistics are in for September of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Wisconsin’s home sales in September were nearly identical to one year ago, but prices were higher, according to the most recent analysis of the state housing market released by the Wisconsin REALTORS® Association (WRA). Existing home sales in September were just 0.2 percent lower than September 2013, and median prices were 3.1 percent higher to $148,700.

“Although our home sales are slightly lower than last year, it’s important to recognize how far we’ve come since emerging from the Great Recession,” said Dan Kruse, the newly installed chairman of WRA board of directors. “Sales this quarter may be 2.1 percent below a very strong third quarter last year, but they are 20.7 percent higher than they were just after the recession ended in the third quarter of 2009,” Kruse said. Kruse noted that other housing indicators also paint a picture of a stabilizing housing market in the state. Seasonally adjusted housing inventories have ranged from about 49,000 homes to nearly 53,000 homes since December 2012, which is a far cry from the nearly 72,000 homes on the market in March 2010.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Dane County, and Rock County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. This month both Dane and Rock Counties showed increases in year over year home prices, approximately 3.3% in Dane County and over 11% in Rock County!

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Thinking of purchasing a home before prices or rates rise any further? I’d be happy to show you any homes currently listed for sale. Feel free to visit either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

With the recent home price increases, now might be the right time to sell your Wisconsin home. Take advantage of your increased equity! Feel free to take a look at our cutting edge Rock Realty Marketing Plan! If you would like some insight into how much your home is currently worth, I would be happy to provide you with a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Click below:

What’s My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our distressed property page for more information.

Wisconsin Short Sales

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Housing Statistics for the State of Wisconsin:

September 2014
Home Sales: 6,163
Median Home Price: $148,700

September 2013
Home Sales: 6,144
Median Home Price: $143,000

Housing Statistics for Dane County, WI:

September 2014
Home Sales: 578
Median Home Price: $222,000

September 2013
Home Sales: 576
Median Home Price: $215,000

Housing Statistics for Rock County, WI:

September 2014
Home Sales: 171
Median Home Price: $127,000

September 2013
Home Sales: 179
Median Home Price: $114,000

View my report from last month. Wisconsin August 2014 Housing Statistics

Wisconsin September 2014 Housing Statistics

Wisconsin August 2014 Housing Statistics

The Wisconsin housing statistics are in for August of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Home sales fell for the second straight month in August whereas median prices rose by modest margins. Wisconsin’s existing home sales dropped 5.7 percent in August compared to August 2013, and median home prices were up 3.3 percent to $157,000 over that same period, according to the most recent housing market report released by the Wisconsin REALTORS® Association (WRA).

“Home sales continue to lag behind 2013, and while it’s important to remember that 2013 was a strong year for sales, there are a number of other contributing factors that also explain relatively lower sales,” said Steve Lane, chairman of the WRA board of directors. “Inventories are tighter in our metropolitan areas compared to rural areas, and some buyers may be having difficulty finding homes to buy in those markets,” Lane said. Metropolitan counties had 7.7 months of available inventory in August, and their sales were down 8.1 percent compared to August last year. In contrast, rural counties have 16.6 months of inventory, and their sales were essentially flat, falling less than 0.2 percent.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Dane County, and Rock County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. This month showed a decrease in the number of home sales statewide and in Dane County, but a solid increase in home prices! Rock County remains one of the better recovery stories with significant increases again in both median price and the number of home sales in August! 

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Thinking of purchasing a home before prices or rates rise any further? I’d be happy to show you any homes currently listed for sale. Feel free to visit either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

With the recent home price increases, now might be the right time to sell your Wisconsin home. Feel free to take a look at our cutting edge Rock Realty Marketing Plan! If you would like some insight into how much your home is currently worth, I would be happy to provide you with a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Click below:

What’s My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our distressed property page for more information.

Wisconsin Short Sales

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Housing Statistics for the State of Wisconsin:

August 2014
Home Sales: 7,249
Median Home Price: $157,000

August 2013
Home Sales: 7,664
Median Home Price: $152,000

Housing Statistics for Dane County, WI:

August 2014
Home Sales: 710
Median Home Price: $230,000

August 2013
Home Sales: 909
Median Home Price: $220,000

Housing Statistics for Rock County, WI:

August 2014
Home Sales: 207
Median Home Price: $123,000

August 2013
Home Sales: 200
Median Home Price: $107,750

View my report from last month. Wisconsin July 2014 Housing Statistics

Wisconsin August 2014 Housing Statistics

Wisconsin July 2014 Housing Statistics

The Wisconsin housing statistics are in for July of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Wisconsin’s existing homes sales fell in July even as median prices continued to rise. Home sales fell 2.4 percent in July 2014 compared to the same month last year, and median prices rose 2.4 percent to $158,700 over that same period according to the most recent housing market report released by the Wisconsin REALTORS® Association (WRA).

“Although sales fell short of the last year’s levels, it’s important to remember that 2013 was a very strong year for home sales in the state,” said Steve Lane, chairman of the WRA board of directors. “Sales were down 7.6 percent for the first five months of 2014 before they bounced back in June, raising 5.7 percent above June 2013. For July home sales to be close to last year’s strong showing indicates the current market is solid.” Lane said. He noted that with the exception of last year, this has been the strongest eight-month period since 2007.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. This month showed a decrease in the number of home sales statewide and in Dane County, but a sharp increase in home prices! Rock County remains one of the better recovery stories with significant increases in both price and home sales. 

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Thinking of purchasing a home before prices or rates rise any further? I’d be happy to show you any homes currently listed for sale. Feel free to visit either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

Now might be the right time to sell your Wisconsin home. Feel free to take a look at our cutting edge Rock Realty Marketing Plan! If you would like some insight into how much your home is currently worth, I would be happy to provide you with a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Click below:

What’s My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our page for more information.

Wisconsin Short Sales

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Housing Statistics for the State of Wisconsin:

July 2014
Home Sales: 7,302
Median Home Price: $158,350

July 2013
Home Sales: 7,418
Median Home Price: $155,000

Housing Statistics for Dane County, WI:

July 2014
Home Sales: 882
Median Home Price: $234,450

July 2013
Home Sales: 952
Median Home Price: $213,500

Housing Statistics for Rock County, WI:

July 2014
Home Sales: 195
Median Home Price: $129,900

July 2013
Home Sales: 175
Median Home Price: $108,000

View my report from last month. Wisconsin June 2014 Housing Statistics

Wisconsin July 2014 Housing Statistics

Wisconsin June 2014 Housing Statistics

The Wisconsin housing statistics are in for June of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Existing home sales in Wisconsin saw positive gains for the first time this year, and median home prices were up slightly according to the most recent housing market report released by the Wisconsin REALTORS® Association (WRA). June home sales rose 4.5 percent compared to June 2013, and median prices were stable, rising 0.6 percent to $159,900 over the same period.

“This is a welcome sign since June is our most important month for sales,” said Steve Lane, chairman of the WRA board of directors. “In a typical year, Wisconsin sells approximately 11.5 percent of its homes in June, which is more than any other month of the year, so strong sales in June is important,” Lane said. However given the harsh winter, Lane cautioned that even a solid showing in June won’t completely erase the weaker winter and spring sales. He noted that during the first half of the year, sales were down 4.9 percent compared to the first six months of 2013.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. This month showed an increase in the number of home sales statewide and in Rock County, but a slight decrease in Dane County. Home prices rose slightly in all 3 areas highlighted below.

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Thinking of purchasing a home before prices or rates rise any further? I'd be happy to show you any homes currently listed for sale. Feel free to visit either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

Now might be the right time to sell your Wisconsin home. Feel free to take a look at our cutting edge Rock Realty Marketing Plan! If you would like some insight into how much your home is currently worth, I would be happy to provide you with a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Click below:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our page for more information.

Wisconsin Short Sales

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Housing Statistics for the State of Wisconsin:

June 2014
Home Sales: 7,702
Median Home Price: $159,900

June 2013Home Sales: 7,373
Median Home Price: $159,000

Housing Statistics for Dane County, WI:

June 2014Home Sales: 974
Median Home Price: $223,627

June 2013Home Sales: 977
Median Home Price: $222,000

Housing Statistics for Rock County, WI:

June 2014Home Sales: 211
Median Home Price: $120,600

June 2013Home Sales: 182
Median Home Price: $120,000

View my report from last month. Wisconsin May 2014 Housing Statistics

Wisconsin May 2014 Housing Statistics

The Wisconsin housing statistics are in for May of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Existing home sales continued to lag behind 2013 levels but median prices rose by a solid margin in Wisconsin according to the most recent housing market report released by the Wisconsin REALTORS® Association (WRA). May home sales dropped 6.9 percent compared to the May 2013 volume of sales. In contrast, median prices increased over the same period, rising 3.8 percent to $150,000.

“This is the fifth straight month of reduced home sales compared to where we were this time last year, and there are multiple potential reasons why,” said Steve Lane, chairman of the WRA board of directors. He pointed out that state economy appears to be steadily improving. The unemployment rate continues to drop and at 5.7 percent in May, it stands a more than a percentage point below where we were last year. In addition the state has added more than 38,300 jobs over the last year according to the U.S. Bureau of Labor Statistics. The harsh winter contributed to slower sales in the first four months, but it can’t explain the slower sales in May. “Even though last year was a strong year for sales, we expected a slight bounce in May sales as the prolonged winter ended,” Lane said. “But we haven’t seen that bounce yet.”

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, overall home sales & prices have been increasing over the past few years. This month however showed a decrease of home sales statewide, but an increase in home prices. Rock County however showed increases in both sales and price!

Thinking of purchasing a home before prices or rates rise any further? I'd be happy to show you any homes currently listed for sale. Feel free to visit Real Estate Listings in Rock County to search for current Rock County properties or visit Real Estate Listings in Dane County for homes in Dane County Wisconsin.

Now might be the right time to sell your Wisconsin home. Feel free to take a look at our cutting edge Rock Realty Marketing Plan! If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Click below:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our page on Wisconsin Short Sales for more information.

Housing Statistics for the State of Wisconsin:

May 2014
Home Sales: 7,008
Median Home Price: $150,000

May 2013Home Sales: 7,485
Median Home Price: $144,500

Housing Statistics for Dane County, WI:

May 2014Home Sales: 829
Median Home Price: $214,900

May 2013Home Sales: 938
Median Home Price: $208,250

Housing Statistics for Rock County, WI:

May 2014Home Sales: 209
Median Home Price: $124,000

May 2013Home Sales: 206
Median Home Price: $114,450

View my report from last month. Wisconsin April 2014 Housing Statistics

Foreclosure Listings in Dane County Wisconsin

Here is today's market listings update for Active foreclosure single family homes located in Dane County Wisconsin. This information was pulled from the South Central Wisconsin MLS on 3/7/2012 at 8:15 A.M.

• 130 total Foreclosure|Bank Owned|REO homes are currently listed in Dane County, WI
• Low listing price: $39,900
• High listing price: $430,000
• Average listing price: $169,812
• Median listing price: $154,400
• Average days on the market: 67

Click here to see these Dane County Foreclosure Homes.

Of course these numbers change on a daily basis, so to obtain the most up to date information on current foreclosure/bank owned homes for sale, please contact us directly at 608-921-8536. We would be happy to customize the search further for you to find the home that is just right for you.

As an extra benefit to Rock Realty home buyers, we offer a 1% broker commission rebate after closing. This could mean $1,500 back on a home purchase of $150,000. We love to hear how these rebates help our clients. Some use them for home improvements, while others simply put it in savings for future needs. It is a great option that we are happy to offer. Contact us for further details and limitations.

At Rock Realty, we currently have great single family homes listed for sale in Dane County. Feel free to visit our listings page linked below:

Dane County Wisconsin Home Listings 

Additional Foreclosure|Bank Owned Home Purchase Information

• Tips for Purchasing a Foreclosure
• Using FHA 203K Loan to Purchase a Fixer-Upper
• Getting Approved for an FHA Mortgage
• Buying a Wisconsin home after a Short Sale or Foreclosure
• Avoiding Problems with Your Escrow Account
• Half of Homeowners Underwater on their Mortgage

Short Sale Homes in Dane County Wisconsin

Here is today's market listings update for Active short sale single family homes located in Dane County Wisconsin. This information was pulled from the South Central Wisconsin MLS on 3/6/2012 at 12:30 P.M.

• 131 total short sale homes are currently listed in Dane County, WI
• Low listing price: $64,000
• High listing price: $675,000
• Average listing price: $209,988
• Median listing price: $175,000
• Average days on the market: 198

Of course these numbers change on a daily basis, so to obtain the most up to date information on current short sales for sale, please contact us directly at 608-921-8536. We would be happy to customize the search further for you to find the home that is just right for you.

As an extra benefit to Rock Realty home buyers, we offer a 1% broker commission rebate after closing. This could mean $1,500 back on a home purchase of $150,000. We love to hear how these rebates help our clients. Some use them for home improvements, while others simply put it in savings for future needs. It is a great option that we are happy to offer. Contact us for further details and limitations.

At Rock Realty, we currently have great short sale homes listed for sale in Dane County. Feel free to visit our listings page linked below:

Dane County Wisconsin Home Listings 

Original Post - Short Sales in Dane County, WI

Additional Short Sale Information

• Benefits of Buying an Owner-Occupied Wisconsin Short Sale
• Tips for Buying a Wisconsin Short Sale
• Buying a Wisconsin home after a Short Sale or Foreclosure
• What is a short sale?
• Is a Short Sale right for my home?
• Half of Homeowners Underwater on their Mortgage

FREE Loan Modification and other Options Workshop

FREE Loan Modification and other Options Workshop

Thursday March 8, 2012 6 pm to 8 pm

For any and all homeowners who are looking for help with their mortgage and/or property taxes.

What: FREE Workshop – Learn about Loan Modifications and Other Options

Where: Madison College (MATC) – Madison Truax Campus (near the airport)

                 3550 Anderson Street, Room 217 (at the top of the escalator)

                 (Free Parking in the Student Parking Area off Wright Street.)

When: March 8, 2012    6:00 pm to 8:00 pm (may go past 8 pm)

                (Please allow time to walk from parking to the class room.)

This is a recurring workshop and takes place on the 2^nd Thursday evening of every month.

Call: Reservations are appreciated but not required. Please call Bethany Nelson @ (608) 261-5677 for more information

Cost: FREE 

Homeowners are rightfully frustrated with the loan modification system and need help to navigate and understand the process. Come and learn how the modification process works, why some homeowners get modifications and others do not, and what other options you might have.

Comments from homeowners attending the workshop:

·         You all got straight to the point

·         It was very informative and realistic

·         I appreciated getting legal information on bankruptcy

·         I appreciated the willingness of presenters to take questions

·         It was very clear with difficult topics

·         The workshop helped me identify other resources that may help my situation

·         They kept it lively

Presenters: Ellen Bernards, GreenPath Debt Solutions and Co-chair of the Dane County Foreclosure Prevention Taskforce Attorney Stacia Conneely from Legal Action of Wisconsin and  Attorney Patricia Hammel, Herrick & Kasdorf, LLP.

The Dane County Foreclosure Prevention Taskforce wants to make sure that homeowners have the information they need to make good decisions and get the assistance they need. We are increasing the number of workshops this year in an effort to reach more homeowners in distress. They will take place every month on the 2^nd Thursday at the Madison College (formerly MATC) Truax Campus beginning February 10, 2011. A special thank you to Madison College for providing free space for these workshops.

The Dane County Foreclosure Prevention Taskforce is a coalition of government agencies, non-profit service providers and other community partners working to implement a coordinated response to the foreclosure problem in Dane County through prevention, intervention, and neighborhood stabilization effort.

www.daneforeclosurehelp.org

If your bank or attorney has recommended that you look into a short sale of your home, we would be happy to help. For more information on Short Sales, please visit the links below:

What is a Short Sale?

Free Short Sale Home Evaluation

Dane County WI Shoreland Zoning Changes

Some of you may have heard that Dane County is attempting to extend its reach with regards to shoreland zoning. This will increase the number of households in this 'zone' and will ultimately allow them to 'regulate' those home owners improvements and landscaping.

Here are some more details:

According to the county, not every property would be treated in the same manner. A few things may be noted: * The County already has the ability to impose regulations on a shoreland zone 1000’ from a lake or 300’ from a river or stream. However, they are not currently subject to the regulations proposed in the new plan.

* The County proposes to extend that same 300’/1000’ zones into the incorporated villages and cities. Most villages and cities only regulate a 75’ wide zone. This way 57,000 properties would (according to the County) now be in the shoreland zone.

* While some properties would be regulated more harshly than others, all those selling properties in the new shoreland zone would have to disclose that they are now in a special regulatory zone.

* The plan proposes:

1) regulation, or potential regulation of all properties within the 300’/1000’ zone

2) regulation of all types of properties – commercial and residential

3) no grandfathering of properties with existing structures. Due to the way a piece of state legislation was written, the Lakes and Watershed Commission and the County Board can extend its authority into the villages and cities in only one county – Dane.