As the weather warms and the first day of summer rapidly approaches, the U.S. housing market shows little sign of cooling down. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows.
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The multiple listing service (MLS) plays an essential role in helping real estate brokers and agents provide clients with a quality experience that makes homeownership a reality. Metro MLS is Wisconsin’s largest MLS, serving more than 9,000 real estate professionals. It provides valuable resources and information that positively impact brokers, agents and consumers.
Zillow is now a licensed brokerage entity and Metro MLS member. Zillow’s change from a real estate media company/portal to a brokerage will allow them to display listings enrolled in the IDX program starting June 1.
BizTimes Milwaukee has recognized Metro MLS’s Erika Zignego as a Notable Executive Assistant. Zignego has worked as Metro MLS CEO Chris Carrillo’s executive assistant for five years. Besides assisting Carrillo, she is the vice president of accounting, oversees human resources and manages numerous Metro MLS programs.
April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above the asking price. While housing affordability remains an area to watch as prices continue to rise, strong buyer demand and limited housing supply show no signs of easing soon.
realMLS has entered into an agreement with Markt for shared services to enhance its MLS offerings. realMLS joins Metro MLS and ARMLS in the Markt venture.
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.
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.
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.
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.
Dave Schmidt is extremely successful in the real estate industry even though he is just a one-person independent brokerage. He primarily assists clients in the Milwaukee metropolitan area, helping them through the home buying and selling experiences while also conducting business in the rental market.
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.
Metro MLS is reviewing its agreement with ShowingTime to ensure Zillow follows the obligations that are in place. We also are exploring the best options moving forward to make sure we are offering the best product to our members.
RISMedia has selected Metro MLS CEO Chris Carrillo as a 2021 Real Estate Newsmaker. The media outlet named Carrillo a “Crusader,” which is a leader who champions a better way for the industry.
