Dennis Herman
Phone: (414)426-1784
Fax: 888-645-2580

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.

September 2012: 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.

4.8% Listings in Menomonee Falls, Wisconsin during June 2013.

  • Available only in 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 only in 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..

 
May Home Sales Up 14.7%

May home sales in the Metropolitan Milwaukee market increased 14.7% compared to May 2012.

The increase in sales was driven by buyers who have been very active in the market for months gobbling up properties, but also by sellers who were largely sitting on the sidelines, until May.

In the 4 County area there were a total of 1,838 homes sold in May, compared to 1,602 in the same month in 2012.

May Sales

County2012 Sales2013 Sales% Change
Milwaukee87598512.6%
Waukesha4935429.9%
Washington13418840.3%
Ozaukee10012323.0%
4 County Area1,6021,83814.7%


While May prices were still down from their 2007 peak they were no longer being discounted. It was not uncommon to see multiple offers on a property pushing prices above the asking price.

The traditional spring selling season and higher prices that listings were commanding caused the influx of new listings, up 9.5% in May (2,684 in 2012 vs. 2,938 in 2013). Inventory levels for the first four months of 2013 were in the 7 month range for the entire metropolitan market, but the additional listings in May moved the inventory level to 8.03 months.

If the 2,220 listings with an active offer are subtracted from the 12,669 current listings, as of 6/10/2013, the inventory level drops to 7.5 months, indicating that the real estate market is very healthy.

The switch from a buyers’ market to a balanced/sellers’ market happened with lightning speed, thanks to the absorption of existing inventory and a slow response by sellers to list until May.

June marks the end of the 2nd quarter of 2013 and brokers expect average sales prices to show an increase in every county in the metropolitan area when housing statistics are released in July.
 

 
April Home Sales Up 2.3%

April home sales in the Metropolitan Milwaukee market were up 2.3% compared to a year earlier.

The fact the increase in sales was “only” 2.3%, compared to the large double-digit increases the marketplace saw in past months may be a sign that the market is normalizing and expanding at a sustainable rate.

There were a total of 1,576 homes sold in April, compared to 1,541 in April of 2012. Click here for details.

Twenty of the last 21-months saw double-digit increases in sales as buyers took advantage of huge price discounts, historically low interest rates and an improving economy. Interest rates are still very low and the economy is still progressing, but home prices are no longer being widely discounted – in fact, multiple offers are pushing some prices above the asking price.

Milwaukee County saw a decrease in the percentage of sales, due to a decrease in distressed sales volume, but the county’s 869 sales is a solid level and the market is healthy.

Washington County saw a huge increase in sales, and may be a sign of a new business model in the market. Brokers are reporting that investors are buying suburban homes to rent out for a period of time and plan to re-sell them when prices get back to pre-recession levels.

It took several years for sellers to get over the fact that the market had turned on them during the recession. However, the switch from a buyers’ market to a balanced/sellers’ market happened much faster, thanks to a decline in inventory.

During most of 2012, inventory hovered around 12-months, but beginning last December the levels dropped precipitously to 7.8-months this April. The number of homes newly listed for sale actually increased in April by 4.5% (2,827 vs. 2,705), only the 11th month that listings have increased since July of 2007 (the month the subprime bubble burst and the real estate recession began).

If the 2,112 listings with an active offer are subtracted from the 9,244 current listings (as of 5/10/13), the inventory level drops further, to 5.2 months.

Last month, the end of the 1st quarter, prices increased in many communities and in 3 of the 4 metropolitan counties. The law of supply and demand seems to be taking hold as brokers are reporting more upward price pressure on listings that receive multiple offers.

 

Date: April 12, 2013

Milwaukee

With spring here in all its bounty, it's time to renew, refresh and revive our understanding of what's fueling the ongoing market recovery. First, tightened inventory levels combined with strong demand are fueling price gains in many areas. Second, consumer demand is shifting from distressed properties to conventional homes. Third, record-low mortgage rates and rising rents are supporting housing recovery. Let's check the local scene.

New Listings in the Milwaukee region decreased 13.9 percent to 2,248. Pending Sales were down 30.3 percent to 1,020. Inventory levels shrank 19.9 percent to 7,507 units.

Prices moved higher. The Median Sales Price increased 9.3 percent to $165,000. Days on Market was down 10.1 percent to 106 days. Absorption rates improved as Months Supply of Inventory was down 30.6 percent to 6.1 months.

On the economic front, things inched forward. We saw a minor but important upward revision to Q4-2012 GDP growth that put us back in positive territory. In the political arena, key debates over the deficit, marriage, gun law, immigration reform and tax policy rage onward. The squeaky wheel gets the grease, and with this emerging housing recovery, there are no imminent housing-related bills. Perhaps that's a good thing.

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
 

 
 Date: March 18, 2013

 MADISON, WI – February marked the 20th straight month of double-digit growth in sales of existing homes in Wisconsin, with sales up 11.7 percent compared to February 2012. Median home prices also grew to $122,000 in February, which represents a solid 6.1 percent rate of growth compared to February last year, according to statistics released by the Wisconsin REALTORS®Association (WRA).

“There are strong seasonal patterns in Wisconsin home sales, and the vast majority of homes sell between April and September, but we’ve had a very good housing market over the past winter,” said Renny Diedrich, Chairman of the WRA board of directors. Specifically, comparing the most recent December, January and February sales figures to those same months a year earlier, home sales increased 14.5 percent. “The housing market has been on a strong growth path since the summer of 2011, and while the growth rate has moderated slightly, this is a very good trend moving into the spring selling season,” Diedrich said. 


 
Home Sales Up 16.4% in February

March 12, 2013 – The 4-county Metropolitan Milwaukee housing market continued plowing through the winter in February, posting a 16.4% increase in sales over February 2012. There were 960 sales in February, the most for that month since 2007 (1,033), just before the Great Recession began; and marking the 20th month in a row of increased home sales.

Click here to view the graph showing actual sales over the last 20 months. Note the higher level of sales in January and February 2013 compared to the same months in 2012, indicating a much stronger beginning to 2013.

While the continued housing recovery is certainly welcome news, and hopes are that the trajectory of sales depicted in the graph above for 2012 follows into 2013, there is concern over the very low levels of inventory in the market.

The market had 7.08 months of inventory in February (calculated by the number of active listings divided by the average monthly sales over the previous 12 months), which is well below the 11.63 months in February 2012. Only 1,952 homes were listed in February 2013, down 18.3% from a year earlier.

REALTORS® are listing homes to be sure, just not at the rate the market indicates it needs to satisfy current demand. Confusion and skepticism among potential sellers over what price their home might sell for seems to be the main culprit in their hesitation to list.

Sellers will undoubtedly not fetch prices from the peak of the market, however, prices have stabilized in most communities. And, due to the low levels of inventory the length of time a house is on the market has shrunk significantly.

The law of supply and demand would seem to dictate prices should increase soon. With a low supply of homes, stable or increasing demand, historically low interest rates, and positive external factors such as consumer confidence and employment, prices should be pushed upward as buyers outbid one another for a listing.

However, the overall economy is not blazing any trails, job creation is tepid, mortgage applications are detailed and time consuming, and multiple offers are bidding up to a property’s asking price and often including seller concessions. In short, the market is still working through a few challenges that may be holding overall growth back.

While the market is strengthening, it is still too early in the year to say with any confidence that the Milwaukee market will see universal price increases this year. It is still a buyers’ market, but just slightly.

 

 March 11, 2013
 
 Milwaukee

The sun is shining brighter for longer, the birds are chirping a bit louder and people have a renewed spring in their step. And then there's the climate. Home buyers and sellers are readying themselves for an exciting spring market. Buyers are motivated by an attractive affordability environment, while more and more sellers are receiving near top dollar for their home. We've come a long way over the past 12 to 18 months but we're not there yet. Here's how February stacked up.

New Listings in the Milwaukee region decreased 17.2 percent to 1,769. Pending Sales were down 18.3 percent to 873. Inventory levels shrank 20.5 percent to 7,156 units.

Prices reached for the clouds. The Median Sales Price increased 7.9 percent to $150,000. Days on Market was down 7.7 percent to 108 days. Absorption rates improved as Months Supply of Inventory was down 33.8 percent to 5.7 months.

A few consumers may feel less confident due to Washington's latest self-inflicted crisis. Others would advise not to read the news in the first place. The fact is, the economy continues to grow, but at a snail's pace. Sequestration is more of a nuisance than a real threat to recovery; and there's significant pent–up demand from renters, first-timers, parents' basementers and investors to counteract it.

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/node/33 or visit http://www.metromls.com/.


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

 

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 for Short Sale and Foreclosure Assistance

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,
Internet Links with Help for Foreclosures

 

If a short sale is the last option, a collection of individual cash investors is available to review the details of a short sales property, for a possible purchase.  This may be the quickest and easiest solution to a short sale 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.
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    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.

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



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