Property Search

Homes, Duplexes, Condos, Multi Family, Vacant Land, Commercial and Investment Properties

Click to Search
Home Page
About Dennis Herman and Ez1 Realty
Property Search
Properties
Listing Information for Seller's
Home Buyer's Information
Professional Nation Wide Real Estate Referral Service
Property Listings with Flexible Commissions
Mortgage Information
What's My Home Worth?
10 Easy Steps to Listing Your Property
EZ CMA Free Property Value Information
New Home Construction
Top 10 Mistakes Buyers Make
Real Estate Listings on Video
Research Local Property Values
Why Select me to Help You Sell Real Estate
15 Reasons Why I Should be Your Real Estate Agent
EZ Single Family Home CMA
Ez Duplex CMA
Ez Condo CMA
Ez Multi Family CMA
Ez Home Search With Automatic E-mail Updates
Ez Duplex Search With Automatic E-mail Updates
Ez Condo Search With Automatic E-mail Updates
Ez Multi Family Apartment Search With Automatic E-mail Updates
Ez Search for Vacant Land With E-mail Updates
Ez Search for Foreclosure and Bank Owned Properties
Menomonee Falls Real Estate Blog
Exclusively Menomonee Falls Real Estate
Menomonee Falls Area Pictures
MENOMONEE FALLS - Free Market Update
MENOMONEE FALLS - Community Events
MENOMONEE FALLS - Community Bulletin Board
MENOMONEE FALLS - Recently Sold Homes
MENOMONEE FALLS - Homes for sale
MENOMONEE FALLS - Request a property
MENOMONEE FALLS - What's My Home Worth?
MENOMONEE FALLS - Community Services and related links
MENOMONEE FALLS
MENOMONEE FALLS - Important Links
MENOMONEE FALLS - Schools Servicing the community
MENOMONEE FALLS - Free Neighborhood Reports
Area Info Menomonee Falls and the Greater Milwaukee area
Brookfield Wisconsin Market Statistics
Germantown Market Statistics for Single Family Homes
Home Grants in the Milwaukee Area
Milwaukee Home Buyer Programs
Short Sale Help
Help for Foreclosures and Short Sale Internet Links
Testimonials
Free Real Estate Reports
Free Property Updates Waukesha, Washington and Milwaukee Counties
Home Improvement
Energy Efficiency for Your Home
Why Select me to Represent you when Buying Your Next Home
Real Estate Buyer's Counseling
Selecting your next home
Property Inspections
Sellers Request for Listing Information
For Sale by Owner Real Estate Info
Home Improvement
Free Real Estate Newsletter
Additional Real Estate Info
Real Estate Refinancing Information
Real Estate Mortgage Calculators
Real Estate Mortgage Programs
Different Types of Real Estate Home Loans
Real Estate and Mortgage Glossary
Real Estate Tax Info
How Much Real Estate Can You Afford
Home Moving Assistance
My Real Estate Link Partners
Community Links
School Links
Request Info
Helpful Links
Weather
Home Gardening Info
Home Improvement
General Request
Just for Kids
Tourism and Travel
Real Estate and Consumer Info
Office Listings
Real Estate and Community Bulletin Board
Property Search
Home Search w/ Check box
Link Partners Page
Real Estate Blogs
google588859cfab7f04c7.html
Sign Post Installation
Deals and Bargains Around Milwaukee
Buying a HUD Home 203K Loan
Greater Milwaukee MLS Listing and Sales Statistics
Homes and Duplexes for Sale with Loan Information
Advent Bible Study
What could possibly go wrong in Real Estate?
Local Milwaukee Area Real Estate Investing
Real Estate Videos
Real Estate News
Ez Communications Quote
EZ Rental Showing Form
Text w/ Photos Column
Buyers Request
General Request
Property Showing Feedback Form
Ez1 Realty Real Estate Leasing Services
Foreclosure Fees in the Current Real Estate Market
5246 N 35th St Milwaukee, WI 53209 For Sale
Ez Grants

Congratulations and welcome to Ez1 Realty, your one stop source for all your local Real Estate needs in Menonomee Falls and Milwaukee, specializing in moving homeowners into better homes.

Congratulations because your questions and requests for service go directly to an experienced local agent – not a pool of agents bidding for your contact information. If you like the old fashion open, honest, face to face way of doing business, your gonna love working with Ez1 Realty.

Selling your property? I love listings because it allows me to enjoy the artistic side of the business -- pictures and a great write up. Enjoying the artistic side of business shows up in all the aspects of business.   Ez1 Realty offers the BEST value in a personalized package to match your needs and experience. Our most popular package takes care of every detail for you, so you don't have to worry about a thing. Sell with confidence knowing you'll receive the best service while paying the lowest commission.

Buying a home? We can guide you along in every step of the process, from finding a lender, viewing properties, identifying concerns, writing a viable offer to purchase, inspections, and closing issues. We never charge buyers a fee.

Outstanding Service is a Choice. How do we offer the best local value in Real Estate? The greatest expense in Real Estate is lead generation... in short advertising. The early days of the Internet offered effective, low cost advertising – a savings few Brokers passed along to clients. The days of low cost Internet advertising are long past. Low cost advertising gave way to a small group of Internet conglomerations controlling the majority of the market. Like every other industry controlled by a few entities, prices quickly escalate. Some of these companies take advantage of loop holes in the law to collect and sell Real Estate leads and personal information for other purposes. Ez1 Realty refuses to do business with these companies – and refuses to compromise one letter of the law. In short, Ez1 Realty passes savings along to its clients!

Ez1 Realty refuses to purchase Internet Leads and offers you the exclusive promise to never share your contact information in an effort to make a couple of extra bucks. We treat Real Estate, your confidence, and your privacy seriously.

 

If you signed up on one of the major Real Estate web sites and provided your email address, chances are all the Internet sites you visit are being recorded and that information is being sold. I've been contacted by a number of web sites selling or giving away your personal information. I can assure you, searching on this web site will not attach any tracking applications nor will I purchase any information sold on potential Buyers and Sellers. I personally consider such acts an invasion of privacy. If you agree – I am the Real Estate Agent for you. Let's get back to doing business the old fashion way – a relationship built on trust and respect.

 

It seems I am not the only one who is calling a halt to the business practices of some of these online businesses. Here is an article I was sent.
 

Eight Austin-based real estate brokerages are taking a cue from their local Realtor association and will no longer send their listings to real estate portals not affiliated with a Realtor trade group.

Earlier this month, the Austin Board of Realtors announced that as of April 30, 2014, it would no longer distribute its members’ listings to third-party listing portals through listing syndicator ListHub, citing concerns about unethical business practices and inaccurate listing data on third-party sites. Members would then be free to decide whether to syndicate their listings to third-party sites on their own.

- See more at: http://www.inman.com/2013/10/30/8-more-austin-real-estate-brokerages-turn-off-flow-of-listings-to-portals/#! 
 

To compensate, Ez1 Realty invests in using the latest technology to operate more efficiently – which makes home selling and buying Ez-er on you. If your at a comfortable level with Real Estate contracts, with your permission our EZ sign system can prepare all the contracts to your specifications and send them to you via one of the best and most secure eSIGN programs. You can sign contracts on your phone or computer! If your more comfortable with face to face meeting, we can go over every detail of the the contract in person before you sign. Your comfort level is the most important concern at Ez1 Realty.


I hope you find all the information you are looking for --- and don't forget, I am only a phone call away. 414-426-1784. Or E-mail me at Dherman@Ez1Realy.net. I promise to keep your information confidential. I'll handle all the spam E-mails and phone calls, freeing you up for more important matters.  Home buying and selling should be fun. 

Always out front. Optimizing the latest technology to exceed your expectations.

Realty Executives Elite, Menomonee Falls Office

List Locally - Exterience The Savings- Advertise World Wide

Ez1Realty finding and selling homes at the speed of the Internet.

Sale prices are up while available listings are near record lows. This is the best time to negotiate Listing terms to sell your property.


You may never find a lower priced, FULL SERVICE Listing commission to Sell your Home in Menomonee Falls.

Some of the outstanding features included:

  • Current Market Value Reports
  • Showing Reports
  • Expert Negotiations
  • Advanced Internet Coverage
  • Enhanced Picture Pro-folio

One of the most important features is Buyer Screening. Its important to know if a Buyer Qualifies for a loan before signing a contract.

5.0% Listings in and around Menomonee Falls, Wisconsin.

  • Available in and near Menomonee Falls, Wisconsin
  • Minimum 3 Month Contract
  • Reduced Commission is also good for Listing Extensions until your home sells.
  • Offered only by Dennis Herman of Ez1 Realty a member of Realty Executives
  • Call or E-mail for more details

Call for details.  414-426-1784

    Offered only by Dennis Herman Ez1 Realty 414-426-1784
The most complete Home Listing Service in Real Estate at a discount price in and around Menomonee Falls for a limited time. 
 
Request your free market report for your neighborhood. Free Market Reports 
 
Don't forget to mention you saw this offer on Ez1Realty.net 

 
Welcome to Ez1 Realty, dedicated to providing outstanding service. 

Looking for the perfect home may be an experience of a life time.  It may have its up and downs.  Here are a couple of hints to keep the process in perspective.

 

Make a list of your needs and desires.  A new home should have everything you need and most of what you desire.

Begin your search early.  Keep up to date on current market conditions and price trends, interest rates and loan programs.

Know your limitations.  Don't get involved with repairs and updates beyond your scope of experience and your budget.

Gather a team you know you can rely upon.  This will include a Real Estate Agent,  Lender and an Inspector. 

Having worked with a number of Buyers, I have developed listening skills which allow me to review a number of properties and find those most likely to appeal to the buyer's individual needs and desires.  After reviewing hundreds of listings I can present a short list of homes to view.  In most cases buyers have chosen one of these properties to become their new home.


Real Estate Sales are stronger than expected for the first 5 months in Menomonee Falls. From January 1, 2013 to June 10, 2013 The MLS shows only 326 single family Listings for all of Menomonee Falls. Much lower than normal. Sellers seem to be holding off, waiting for the market to change.

Out of 326 total single family home listings shown on June10, 2013:
162 are active, 58 have accepted offers
164 have sold since January 1.

That leaves only 104 single family homes available for sale in Menomonee Falls. Prices are on the rise across all price ranges.

Please contact me for detailed information in your neighborhood and price range. You can also request free automatic MLS updates E-mailed directly to you to help track this ever changing market.   

Real Estate Videos:  First Time Home Buyers 
 
 
 

 My simple promise is,  "provide the level of service I expect when I shop for a major purchase. "

This is a list of stories about real life experiences encountered in Real Estate transactions for Buyers and Seller to learn from. 
 


Information  about Selling your home

There are many pages available with information focused on marketing and sales techniques.  Marketing strategies and enhancements can be found on this page describing Property listings with a flexible commission scale. 


If you are in the early stages of listing your property or interested in keeping up on current market conditions in your area, you now have the ability to quickly enter your property information to receive a free Market Analysis with updates on a schedule to fit your needs.  This form will aid in providing you with the most accurate information available.  Following is a list of links to these specialized pages.

How to present a Listing on the Internet

The Research Local Property Values page offers a collection of currently sold homes listed by city as a quick reference to property values. 

Listing Information for Sellers includes valuable information and links for sellers. 


This web site is designed to completely satisfy the Real Estate needs of buyers and sellers.   Following is a brief explanation of the services and information you will find on this site. 

Advanced Home Searches

From this page you can browse all types of properties for sale in Southeastern Wisconsin. 

When time is a factor, an exclusive feature to this web site is the ability to offer automatic MLS updates through the use of a quick and easy form, listing the features of the property you are searching for.  Following is a list of links to these specialized pages.




 

Buy a home and remodel it with the same loan. This revolutionary new lending concept is now available.  Visit the Different Types of Real Estate Home Loans page.

 

If your interest centers on foreclosed homes and bank owned properties, you can list your requirements on the special page dedicated to providing you with information to find the best properties at the lowest market price.  


Please feel free to call 414-426-1784 or E-mail for information on business and commercial properties. 

Real Estate News


 This Link will take you to older Real Estate News you can use to track local trends in Real Estate..
 

 
REALTORS: Home Sales Down 10.2% in Q1

Deep Freeze Slows Homes Sales -10.2% in 1st Quarter, -14.6% in March

April 11, 2014 – Home sales for the 1st Quarter of 2014 were down 10.2% from a year earlier, and sales for March were down 14.6% compared to 2013 in the 4-county Metropolitan Milwaukee real estate market. The slowdown for the first three-months of the year is being blamed on an exceptionally cold winter.

A decrease in sales is not unusual in the winter months, and given the numerous Polar Vortexes that have descended upon the region, buyers have decided to search online before going out.

1st Quarter Sales

County2013 Sales2014 Sales% Change
Milwaukee1,8981,709-10.0%
Waukesha861753-12.5%
Washington299278-7.0%
Ozaukee196181-7.7%
4 County Area3,2542,921-10.2%



Total sales were down 333 units compared to 2013 for the quarter (2,921 vs. 3,254). Most of the drop off was in March, when sales were down 208 units compared to a year earlier. January and February were down 28 and 97 units, respectively. That is an sign of just how cold and long the winter was, each month saw progressively worse sales performance compared to last year.

Despite a slow market in the 1st Quarter, area brokers expect the market to be on par with (and possibly beat) the 18,203 unit sales of 2013, as the local economy continues to improve and expand; and newly formed households get into the market.

Listings placed on the market increased by 2.7% for the quarter and 6.6% in March, a positive sign that sellers were preparing for the spring uptick in sales.


1st Quarter Listings

County2013 Listings2014 Listings% Change
Milwaukee3,6023,7835.0%
Waukesha1,7461,7610.9%
Washington620585-5.6%
Ozaukee3673772.7%
4 County Area6,3356,5062.7%

The inventory level was 6.7-months for March, a sign of a very healthy spring market. Inventory in the 6-month ballpark is the sweet-spot for listings, because it provides an ample array of choices for buyers without applying too much price pressure up or down. However, after deducting the 1,726 listings with an active offer from current listings of 8,759, the inventory level dropped to 4.8-months.

Keep in mind that these are March numbers, and as the thermometer rises, we will see more listings added to current inventory in anticipation of a busier market in April. The cold weather just pushed off the start of the busy season by about 30-45 days.

Except for the weather, market conditions were good in the 1st Quarter. Interest rates, home prices, and active buyers are situated to fuel a robust spring and summer market.

Sellers should not assume they will get whatever they ask for, and buyers should know the days of deep discounts are gone; a REALTORS® guidance will help both parties purchase or sell a property for a fair price.

The Greater Milwaukee Association of REALTORS® is a 4,000-member strong professional organization dedicated to providing information, services and products to “help REALTORS® help their clients” buy and sell real estate. Data for this report was collected by Metro MLS, Inc. a wholly-owned subsidiary of the GMAR.
 

 

Date: March 17, 2014

MADISON, Wis. – For the second straight month, home sales dropped as Wisconsin recorded its coldest winter in decades according to an analysis of February housing market activity released by the Wisconsin REALTORS® Association (WRA). Existing home sales dropped 10.1 percent relative to February 2013; however median prices actually increased substantially, rising 7.4 percent to $130,000 over the same 12 month period.

Historically, February accounts for just 5.6 percent of total annual sales in a normal year, whereas a typical summer month accounts for between 10.2 percent and 11.5 percent of annual sales. “We live in Wisconsin. We expect slow sales in February” said Steve Lane, Chairman of the WRA board of directors. “But we broke many records for cold temperatures this winter, so it’s not surprising this year’s February sales were off the 2013 pace,” he said. Lane also noted rising prices and interest rates also impacted the market. “Weather extremes weren’t the only thing that conspired to dampen sales,” Lane said. “Median prices have grown consistently since March of 2012 and mortgage interest rates have been climbing and are now almost a full percentage point higher than this time last year,” he said.

Sales dropped in every part of the state, with the South central, Central and Northeast regions falling between 5.2 percent and 9 percent in February relative to the same month last year. The West region was down 11 percent and the Southeast region fell 12 percent. Finally, the North was especially hard-hit with a reduction of 16.3 percent. “The decline in sales in the North is certainly understandable given their snow totals and bitter cold temperatures this year,” said Lane.

The median price rose to $130,000 in February, which is up 7.4 percent compared to February 2013. Median prices have increased in all but one month over the last two years. “It’s good to see prices growing, but we hope to see a moderation in the rate of median price appreciation,” said Michael Theo, WRA President and CEO. He noted that although this increase in median prices was very similar to the 7.2 percent increase for all of 2013, the fourth quarter of 2013 saw a median price increase of 5.7 percent and January median prices rose just 2.4 percent relative to January 2013.

“It’s important to remind buyers that Wisconsin housing remains very affordable even in light of these recent price increases,” said Theo. The Wisconsin Housing Affordability Index shows the percent of the median-priced home that the household with median family income can afford to buy assuming that borrower has a 20 percent down payment and is financing at current mortgage rates. The Wisconsin index stood at 245 in February, which indicates strong affordability, even though it slipped from the peak level of 294 seen in February 2013.

Theo also pointed out that even though the national economy grew at a less-than-robust pace, with real GDP up just 2.4 percent in the fourth quarter of 2013, the Wisconsin labor market continued to make modest improvements. The state added approximately 27,600 additional jobs between January 2013 and January 2014, and the unemployment rate dropped a full percent to 6.1 percent over that same period, according to the latest data released by the U.S. Bureau of Labor Statistics. “Although the housing market has definitely tightened over the last year with declining inventories and higher prices, excellent opportunities still exist for buyers and an experienced REALTOR® can help you find the best value in this market,” said Theo.

 

 1-14-14

Milwaukee

In its entirety, 2013 proved to be a good year for housing. Home sales and prices were broadly higher across the nation, while foreclosure loads, the number of homes for sale and the number of days it took to sell a home were all much lower. Multiple-offer situations became commonplace again and prices in many areas rallied to multi-year highs. This, of course, varied by location and segment, but the proverbial glass appeared to be more than half full throughout the year.

New Listings in the Milwaukee region decreased 6.9 percent to 916. Pending Sales were down 21.1 percent to 678. Inventory levels shrank 9.3 percent to 6,227 units.

Prices marched higher. The Median Sales Price increased 8.2 percent to $167,700. Days on Market was down 8.8 percent to 91 days. Absorption rates improved as Months Supply of Inventory was down 15.4 percent to 4.6 months.

Housing is fortified by confident consumers and good jobs. The year 2013 was marked by a slowly improving labor market stunted by political gridlock, and the Federal Reserve's long-awaited taper announcement was not surprising. Interest rates remain low (but upwardly mobile), prices are still affordable, the employment picture looks decent and the stock market is up nearly 30.0 percent from this time last year. It's no wonder that buyers were active in 2013. Here's to more of the same in 2014.

All data for the market reports comes from the Multiple Listing Service, Inc. and is powered by 10K Research and Marketing. You can follow this link: http://www.metromls.com/support/Market_Updates/index.html or visit www.metromls.com.

 

State's Home Ownership Rate Down
HTRNews.com (12/28/2013) Lintereur, Josh

Wisconsin’s housing market is continuing its recovery, but home ownership rates in the state are still low. Between 2010 and 2012 half of all Wisconsin counties saw home ownership numbers fall. Real estate experts say the decline is a result of foreclosures and the number of residents who have sold their home due to financial hardships. Those families have opted to stay with family or rent living space. David Clark, an economics professor at Marquette University, says there is no evidence that people who had their homes foreclosed have re-entered the housing market. He added that is difficult to obtain a loan following a foreclosure that occurred not too long ago. In addition, others argue that residents are still trying to find financial stability. Consumer confidence remains low, but experts say time will tell if workers are gaining enough confidence in their job to purchase a home. According to the Wisconsin REALTORS® Association, the state’s median home sale price rose 7.5 percent during the first 10 months of 2013, compared to a year ago, to about $144,900.
 

 

Date: December 23, 2013

MADISON, Wis. — Wisconsin home sales fell 6 percent in November 2013 when compared to November 2012, although total sales for the year remain ahead of 2012, according to the latest housing report by the Wisconsin REALTORS® Association (WRA). Comparing the first 11 months, home sales were up 11.1 percent in 2013 over 2012. Prices were also higher in November, rising 4.7 percent above the same month last year, to a statewide median of $136,000.

“Over the last two months, the housing market has definitely cooled from the red-hot pace that characterized the first three quarters of 2013,” said Steve Lane, WRA board chairman. “This was bound to happen since the base of comparison is 2012, and that was a very strong year for home sales.”

Lane pointed to markedly higher mortgage rates, steady upward movement in prices over the last year and a half, and heightened uncertainty of federal fiscal and health care policies as potential factors for the cool down. According to the report, 30-year-fixed mortgage rates bottomed out at 3.35 percent in November and December last year and stood at 4.26 percent in November, which is nearly a full percentage point higher. The median home price has risen steadily since March 2012 and is up 7.5 percent through the first 11 months of this year compared to that same time frame in 2012. Finally, the combination of a short-lived partial federal government shutdown in October and continued uncertainty associated with anticipated health care expenses may have kept some potential buyers on the sidelines in November.

“Although sellers would certainly prefer prices to increase faster, the more moderate rate of median price appreciation of 4.7 percent is healthy for the Wisconsin market,” said Michael Theo, WRA President and CEO. He noted that with current inflation lower than 2 percent, the modest home price appreciation will build total household wealth in real terms. “Wisconsin has enjoyed relatively mild swings in home prices relative to some of the more volatile regions of the country, and that stability keeps the dream of homeownership attainable for Wisconsin residents,” he said. The Wisconsin Housing Affordability Index, which shows the percent of the median-priced home that the family with median income can afford to buy assuming current mortgage rates and 20 percent down, stood at 232. This is up slightly from the October value of 225, but well below the level of November 2012 when it was at 275.

Despite the recent slowdown in sales, the number of homes on the market continued to shrink, with inventories down 9.5 percent to 8.6 months statewide in November. “City markets are quite a bit tighter than those in rural areas,” said Theo. In fact, the November supply of homes in the 24 metropolitan counties in the state were down to 6.5 months of supply, which was more than twice that rate of just under 14 months of supply in nonmetropolitan counties. “Using an experienced REALTOR® can help buyers find the best value in every market,” he said.

The Wisconsin REALTORS® Association
 

This is one of the best articles I've read that lays it on the line. I've seen each of these infractions a number of times. We have a board to complain to, but my experience has been, the agent you file a complaint on comes into the review, says, “I didn't know that,” and the board says, “okay, don't do it again.” It is frustrating when your an agent trying to play by all the rules. I have a long list of everything I've seen go wrong in Real Estate. The fact of the matter is, if I posted it, no one would believe me. Another problem is, some states have strict laws prohibiting public complaints. Wisconsin is one of those states. This article must be from one of the few states without such restrictions. Read the article and think about it. When the road seem easy, watch out for what's below the surface. Remember, the smoothest looking road is the one covered with ice

 
October Home Sales Up 3.5%

Sales of homes in the 4-county Metropolitan Milwaukee real estate market increased 3.5% compared to the same period in 2012. There were a total of 1,434 homes sold, compared to 1,386 last October.

October Sales

County2012 Sales2013 Sales% Change
Milwaukee7467845.12%
Waukesha3974093.0%
Washington152151-0.7%
Ozaukee9190-1.1%
4 County Area1,3861,4343.5%


The 3.5% increase in regional sales may be a sign that the marketplace is settling into a more gradual sales pace. Rather than seeing large, double-digit increases – fueled by discounts and low prices – steady sales increases would point to a market with competitive pricing and neither buyers nor sellers dominating a transaction.

Cumulative sales through October totaled 15,351, putting the market on track to end the year with just under 18,000 sales.

Milwaukee and Waukesha Counties saw a moderate increase in sales in October, whereas Washington and Ozaukee Counties saw insignificant decreases in the number of units sold (both counties had one less sale than the previous year). 

All are following a “normal” pattern of sales for the year, characterized by low sales in the first few months of the year (as listings are added to the market, increasing inventory). In spring, sales take off, consuming inventory through the summer, ending about Labor Day. The fall sees a gradual trailing off of sales to the end of the year (and a rise in inventory). 

Homes placed on the market increased for the seventh month in a row in October, going up 8.6% – the first time the market has seen a sustained period of increased listings since before the recession.
 
 

September Home Sales Up 16.4%
Sales Up 12.7% Through 3rd Quarter


Home sales in the Metropolitan Milwaukee market were up 16.4% in September. Through the 3rd quarter the market had a 12.7% increase in sales versus 2012.

Sales
There were a total of 1,484 homes sold in September, compared to 1,275 in September of 2012. For the first 9-months of the year, there were 13,917 sales vs. 12,349 during the same span in 2012.

Year-End Outlook
While the fall/winter market usually sees a slowdown in activity, we expect 2013 to end on a positive note. With nearly 14,000 sales completed, and a historic average of 3,000 to 4,000 sales in the 4th quarter, we are comfortable projecting that 2013 will end with approximately 17,000 sales.

That would put the year on the level of the early 2000s, when we saw total annual sales in the high teens.

Listings
In the first quarter of 2013 the market saw double-digit decreases in listings, which precipitated a reduction in “days-on-market” (DOM). Through the summer sellers started feeling better about the prices their homes would fetch on the market and began listing in greater quantities. Listings for the 3rd quarter finished 13.6% ahead of 2012. For the year, the Metropolitan market area is 2.1% ahead of 2012.

Inventory
With total market area listings at the end of September at 11,253, the inventory level was 7.7-months, down from August’s 7.9 level. A year ago, the inventory level was at 12.08-months. If the 1,246 listings with an active offer are subtracted, the supply of homes available for purchase drops to 5.6-months.
 
 
August Sales Up 15%

Sales of homes in the 4-county Metropolitan Milwaukee real estate market increased 15% compared to August of 2013. There were a total of 1,862 homes sold in August, compared to 1,619 a year earlier.

All four counties in the metropolitan area had an increase in sales, led by a 109-unit gain in Milwaukee County. Waukesha County had 53 more sales from 2012. And, in Washington County there were 49 more sales, and 32 more in Ozaukee County.

August sales are typically strong as families looking to get into a home before the new school year starts close on their sale before the end of the month.

As we have been noting all year, the cumulative level of sales through August makes the 2013 market look at lot like the market seen in the early 2000s. Through August 31st there were 12,433 sales for the year. From 2000 to 2004, sales through August averaged 12,178 units.

Projections for the remainder of 2013 show the year ending with somewhere between 17,035 and 18,071 total sales. That would place 2013 about even with 2001 or 2002 when there were 17,321 and 18,479 sales, respectively.

While the early months of the year were characterized by low inventory levels, August marked the fifth consecutive month of increased listings compared to the same months in 2012. 

Milwaukee County had 81 additional listings from 2012, followed by 62 in Waukesha, 32 in Ozaukee and 21 in Washington Counties.

With total metro area listings in August of 11,529, the market’s inventory level was 7.94-months, down slightly from July’s 8.02 level. A year ago, the inventory level was at 13.02-months. If the 1,421 listings with an active offer are subtracted from current listings, the inventory level drops to 5.72-months. 

The market is proving to be very “balanced” favoring neither buyers nor sellers, in contrast to the wild swings we saw over the last decade. Sellers should not assume they will get whatever they ask for, and buyers should know the days of deep discounts are gone; a REALTORS® guidance will help both parties purchase or sell a property for a fair price.

 

 
 

Welcome to Ez1 Realty where you will find the benefits of the Custom Property Search with Automatic E-mail updates.

The EZ way to find Real Estate, homes, duplexes, investment property in Menomonee Falls, Milwaukee, Germantown, and all of Milwaukee, Waukesha and Washington Counties. Make sure to compare our advanced home listing features. 

Considering building a new home but are not sure how to begin? The New Home Construction page will give you a few ideas.  New home consultation is also available by request. 


Please feel free to phone at 414-426-1784 or E-mail for additional information. 

 


  • New Home Construction Germantown

  • New Home Construction Menomonee Falls

  • New Home Construction Lannon

  • New Home Construction New Berlin

  • New Home Construction Muskego

Phone direct line at 414-426-1784 or E-mail from this link. 

Property Listings with Advanced Marketing Information

Check out specials on discount listings in Menomonee Falls and other parts of Milwaukee, Washington and Waukesha counties.  Save money when listing your home for sale.  Visit the LISTING INFORMATION FOR SELLER'S page for more information and the latest Real Estate listing specials and discounts.  

Choose Your Reports
10 Tips to Spruce Up Your New Home
Taking your kids house hunting
The Right House at the Right Price
Be Your Own Inspector
Sell your home for top dollar (part 1)
Sell your home for top dollar (part 2)
Quick tips for short notice home showings
Sell Your Home FAST
Buying A Condominium or CO-OP
Location, Location, Location!
Check Your New Neighborhood
Exterior Home Appeal
Prepare your home for sale
Real Estate Dictionary For the Home Seller
Sounds and Smells For Your Home
New Home Building Options to Consider Short Version
New Home Construction Additional Costs to Consider
New Home Construction Options to Consider
Meet the Competition
Plan your marketing before listing your home
A new description for your home
Using the Internet to Sell Your Home
Pictures Paint Success for Your Home
A calendar should remind you of more than just the date
Input Your Information
* Name
* Email
Phone
Comment

Valuable Information for Buyers

 


A number of pages are available to provide buyers information you will need to locate the home of your dreams and guide you through the home buying process.


The Home Buyer's Information page contains a collection of links, a list of 5 common mistakes buyers make plus other intriguing information. 


Real Estate Buyer's Counseling is available by request.  This page lists the most important topics concerning the home buying process. 




Please feel free to phone at 414-426-1784 or E-mail for additional information. 

Find Local Help in the Milwaukee area for Short Sale and Foreclosure Assistance

Internet Links with Help for Foreclosures

I searched for local Milwaukee help for short sales and seemed to get everything except a link to a local Milwaukee web site. It seems the pay for search result sites are on the top of the list when you need help. Are these the kind of sites you really want to visit when you are searching for someone local you can talk to?
 
Trying to find answers about a possible Short Sale?  To find local, Wisconsin State Licensed help, check the Short Sale Help page.

If you are trying to avoid foreclosure, need information about a loan modification or any other question, you can find local help on the page,

 

If a short sale is the last option, Ez1 Realty is your local source of professional Real Estate services for homes, duplexes, multi family units, and businesses in the Milwaukee, Waukesha and Germantown areas.

  • When it comes to money, make sure you make the right moves.

    Making the right move begins with your search for a new home. I will search the MLS for you on a daily basis and e-mail you the homes that fit your vision, needs and budget.
  • Save time and money.

    An automatic search can save you time. When you check your e-mail the homes that fit the description you are looking for will be waiting for your review. Receive the specification sheets, pictures, maps and more information. Save money by being the first to see new listings and price reductions.
  • Realty Executives Menomonee Falls front

  •    

    Realty Executives Menomonee Falls

Contact me to receive more information about Real Estate buying and selling services. 414-426-1784

Dennis Herman (Realty Exesutives): Real Estate Sales Person in Menomonee Falls, Waukesha County, Wisconsin

This information focuses on market conditions and trends in the following areas. 
 * Brown Deer  * Cudahy  * Fox Point  * Franklin  * Glendale  * Greendale  * Greenfield  * Hales Corners  * Milwaukee  * Oak Creek  * Shorewood  * South Milwaukee * Wawautosa * West Allis * Whitefish Bay  * Brookfield  * Butler  * Delafield  * Elm Grove * Lannon * Menomonee Falls  * Muskego * New Berlin  * Pewaukee * Sussex  * Waukesha  * St Francis

If you have a question on an area not listed in Southeastern Wisconsin please feel free to call 414-426-1784 or E-mail your questions. 

 

LISTING INFORMATION FOR SELLER'S
Real Estate Information, videos, specials and services explained.

Real Estate Buyers
information for Real Estate Buyers. Services offered. Instructional videos. How to apply for a loan. Steps involved in Home Buying.


Sitemap:

Logo
Realty Executives Elite
N89 W16416 Main St. • Menomonee Falls, WI 53051
Phone: (414)426-1784 • Fax: 888-645-2580



Menomonee FallsMilwaukeeBrookfield

Copyright © 1997-2014 Superlative Inc. All Rights Reserved.