THE METRO WORD

Market Reports: April 2021

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.

Can You Advertise a Delayed Listing?

The Delayed listing status allows the seller to offer a sneak peek of its property to potential buyers before it hits Active status. It is a way for the seller to prepare the home for showings while the listing agent starts generating interest in the property.

Flexmls Makes it Easier to Upload Videos, Virtual Tours

Flexmls has made it easier for users to add, edit and manage videos and virtual tours. Flexmls also no longer requires you to upload a branded and unbranded version of your videos or virtual tours.

Market Reports: March 2021

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.

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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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Register for the Teams Program in Flexmls

Register for the Teams Program in Flexmls

Metro MLS has made it easier for two or more licensed agents to work together at the same brokerage. For those who consider themselves to be a team, Metro MLS has the Teams program available. You also can sign up an assistant for Flexmls® access.

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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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Metro MLS Unveils Rebrand, New Website

Metro MLS Unveils Rebrand, New Website

Metro MLS unveiled a rebrand with a new logo, color scheme, and website. The comprehensive rebrand embodies Metro MLS’s five core values and will provide an even better overall experience for the more than 9,000 members it serves in Wisconsin and the surrounding area.

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Market Reports: August 2020

Market Reports: August 2020

The housing and stock markets continue to be the leaders in the economy. In August, showings remained at strong levels while housing inventory remained limited, continuing the competitive bidding market we have seen in recent months.

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Milwaukee Experiencing a Revitalization

Milwaukee Experiencing a Revitalization

Downtown Milwaukee is bustling and thriving. In recent years, Milwaukee has seen an influx of new restaurants, bars, shops, and a variety of attractions to revitalize Wisconsin’s largest city. It also has turned into one of the “hottest real estate markets in the United States.”

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