The Metro Word

Metro MLS Category Posts

Market Reports: March 2021

Normal spring increases in sales activity and relaxing COVID-19 policies created a bustling March real estate market. A busy and competitive buyer market is likely ahead with existing home sellers and new construction activity below necessary levels to bring the market back into balance.

Realtors Must Honor What is Detailed in Listing Remarks

You can specify when the seller will review offers. But if you include this language in a listing, you must honor that information and not accept an offer before the specified date.

GMAR Advocates for Fair Housing in the Marketplace

The Greater Milwaukee Association of REALTORS® continually educates and reminds its nearly 5,000 members and the public of the importance of upholding the Fair Housing Act’s principles.

Market Reports: February 2021

Market Reports: February 2021

Mortgage interest rates ticked a bit higher in February but remained below their February 2020 levels. With rates still at historically low levels, home sales are unlikely to be significantly impacted, though higher rates impact affordability.

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Market Reports: January 2021

Market Reports: January 2021

January started well for the housing market, with healthy buyer demand and strong market fundamentals. A robust increase in housing starts in December points to an active year for new construction.

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Market Reports: December 2020

Market Reports: December 2020

December usually is one of the slowest months of the year for real estate. But strong buyer demand and near-record low-interest rates allowed for a healthy sales pace in December 2020.

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Active Listings Then and Now

Active Listings Then and Now

A four-bedroom colonial home located on Lake Drive in Whitefish Bay is on the market. Nearly 55 years ago, the same house also was for sale, as you can see from the 1966 punch card that is in the Metro MLS archives.

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Market Reports: November 2020

Market Reports: November 2020

November saw the Dow Jones Industrial Average top 30,000 for the first time, while mortgage rates reached new record lows. These records have encouraged buyers to move forward on purchases, which continued to remain strong overall for the month.

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