Yes, there are significant changes taking place in the housing market and will continue to take place through the end of 2022 into 2023. Using the the most current MLS data (September 2022) my research shows in comparing September housing market information in 2022 to September 2021 housing market data there was a $32,500 median home value reduction, as well as a $55,033 Continue Reading
Hudson Wisconsin
Troy Burne Golf Village Housing Market Correction 2022
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
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
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
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
