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The Good News And Bad News In Real Estate Sales

If you listen to the news or read the paper, you have been seeing some encouraging news of late.

GOOD NEWS: End of July numbers indicate that home sales in Wisconsin are up 34.4% over last year! If you think back, you will remember that the first half of 2010 included a hefty $8,000 tax credit for first time buyers who closed by June 30th, IF they had an accepted offer by April 30th. Last year May and June numbers for accepted offers were dismal to say the least, making the numbers this year not that hard to show improvement.

BAD NEWS: While the number of home sales are now on an upward swing, prices are not. In fact, the median home price dropped 5.9% this year to $139,000 (state wide).

What is happening? It's like a clearance sale. In order to clear large amounts of inventory, prices come down. With more foreclosures now approved by banks to hit the market, it appears that inventory will stay high through year end, keeping prices down. Only when inventory is at lower amounts, would prices stabilize and eventually head back up. So we have some time to wait on that, but homes are successfully selling. And, if you are moving UP to a higher price range, that will make for a sweet deal on the buy side. You can get a bigger home for the same price as 5 years ago.

Many of our mid priced homes are moving well with first time buyers entering the market. Rates are historically low, and 20 years from now, those buyers will be bragging about the deal they got with a 4% interest rate!

Are you ready to jump into the game? Buying a first home or making a move up can be done easier than you think. Call me today to discuss a strategy for YOU to take advantage of this historic market! I can be reached by calling or texting 414-588-4907 or emailing Rates are LOW, there is a lot to choose from, THE TIME TO BUY IS NOW!!

Posted by:  Pat Tasker

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Village of Brown Deer Home Buyers Tour

The Village of Brown Deer and Positively Brown Deer are teaming up with area Realtors, Home Inspectors and Lenders on May 7, 2011 for a home buying expo. Buyers who are currently in the market for a home or just wondering about home ownership can stop on over to the Brown Deer Middle school on 60th and Dean on Saturday from 10:00 a.m. to 12:00 p.m. Area professionals will be able to answer questions and give buyers information on the home buying process. Brown Deer Village representatives and Chamber reps will be available as well. Cast your chance to win in the prize drawing too. Many of the homes that are currently on the market will be open for a tour from 12 p.m. to 2 p.m. Call or email me for a complete list of homes on tour at . Here is a link to a newer listing in great condition only blocks away from the event and will be on tour from 12 p.m. to 2 p.m.

Brown Deer is a community nestled between Milwaukee and Mequon that has scenic parks, good schools and a world renowned golf course. Not to mention many shops and services.

If you can’t make it on Saturday and really want to know about your buying power in today’s market, call me at 414-510-1908. I can help you determine if this is the best time for you to buy or not.

Posted by:  Ann Lebiecki

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Welcome Home to Brown Deer

If you are looking for a suburban location, but want to keep drive times to a minimum, Brown Deer might be just the place! Located in the northeast section of Milwaukee County, Brown Deer is close to I43 for a quick commute south to downtown, or day trip north to Green Bay or weekend in Door County.

Brown Deer Park is a jewel in the county park system with something for everyone, including a championship golf course formerly on the PGA Tour! The Interurban Bike trail starts in Brown Deer and goes all the way to Sheboygan with many fun stops on the way.

Brown Deer history starts way back with the first settlers in 1835. That reminds me of a home I sold on Sherman Blvd that was one of the oldest homes in the village, it actually had tree limbs for the roof joists! While there are many stories of how Brown Deer got its name, one of the best stories is that of a card game going on in a saloon and a brown deer jumped through the window!

Over the years the village grew in stages from small cottages, to the ranches of the 50’s, larger colonials in the 70’s & 80’s, and a flurry of newer construction in the 2000’s. One of those newer homes is currently for sale. A gorgeous newer home ready to move into. A great location in a private wooded area, closer to Mequon than most of Brown Deer!

Two unique points about Brown Deer make it a great place to live. The school complex occupies a large square area with ALL PUBLIC SCHOOLS ON ONE CAMPUS, so from Kindergarten through senior year classes, sports and extra Curricular activities are in one area, VERY CONVENIENT for the busy family! Another nice feature is the village hall, police department and village park are located together. The park is the home to the village swimming pond with a raft, sand beach and new bathhouse.

Whether you are looking for a home in a suburb or the city, call Pat Tasker 262-437-5853, today to discuss the variety of suburbs in the Metro Milwaukee Area.



Posted by:Pat Tasker

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