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Wisconsin Monthly Home Sales Surge 50% in March
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WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
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Wisconsin Monthly Home Sales Surge 50% in March
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
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Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
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Wisconsin Monthly Home Sales Surge 50% in March

May 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums surged by over 50 percent in Wisconsin during March and outpaced the previous year’s sales for the ninth consecutive month according to the latest housing data from the Wisconsin Realtors® Association (WRA).

An estimated total of 4,791 existing single-family homes and condos were sold in the Badger State in March. That was 53.8 percent higher than the 3,116 homes sold in February and 25.0 percent higher than the 3,834 homes sold in March 2011. It was the ninth consecutive month that homes sales have improved year-over-year.

The median sales price for an existing home in Wisconsin increased by 7.4 percent in March to $123,500, up from $115,000 in February, and was 0.4 percent higher than the median price of $123,000 in March of last year.

Rob Keefe, Chairman of the WRA, stated, “It’s very encouraging to see sustained growth in home sales. We’re hopeful that the combination of moderating prices and low mortgage rates will carry this momentum into the next six months, which are the prime homebuying season in Wisconsin.”

All six of the regions that provide data for the monthly report posted gains in home sales over the previous year with the Northeast Region (+32.9 percent) reporting the largest increase followed by the Central Region (+32.3 percent).

The Southeast Region recorded the most sales for the month with an estimated 1,797 home sales, up from 1,446 in March 2011, while the South Central Region followed with an estimated 943 closed sales for the month, up from 749 a year ago.

Year-over-year, four of the regions posted an increase in their median prices led by the North Region (+10.5 percent) with the South Central Region (-3.1 percent) posting the largest decline in prices.

The total number of homes available for sale increased slightly in March with 54,181 homes actively available. That’s up from 52,935 in February but down from 61,510 in March of 2011.

The state had an average 12.2 months supply of homes available for purchase, up slightly from a 12.1 months supply in February but still down from a 14.5 months supply a year earlier.

Tags: existing homes, condos, sales, median home prices, Wisconsin

Source:
WRA

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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A NEW CAR?

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BUYING OR SELLING A HOME IS A BIG DECISION
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HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
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May 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums surged by over 50 percent in Wisconsin during March and outpaced the previous year’s sales for the ninth consecutive month according to the latest housing data from the Wisconsin Realtors® Association (WRA).

An estimated total of 4,791 existing single-family homes and condos were sold in the Badger State in March. That was 53.8 percent higher than the 3,116 homes sold in February and 25.0 percent higher than the 3,834 homes sold in March 2011. It was the ninth consecutive month that homes sales have improved year-over-year.

The median sales price for an existing home in Wisconsin increased by 7.4 percent in March to $123,500, up from $115,000 in February, and was 0.4 percent higher than the median price of $123,000 in March of last year.

Rob Keefe, Chairman of the WRA, stated, “It’s very encouraging to see sustained growth in home sales. We’re hopeful that the combination of moderating prices and low mortgage rates will carry this momentum into the next six months, which are the prime homebuying season in Wisconsin.”

All six of the regions that provide data for the monthly report posted gains in home sales over the previous year with the Northeast Region (+32.9 percent) reporting the largest increase followed by the Central Region (+32.3 percent).

The Southeast Region recorded the most sales for the month with an estimated 1,797 home sales, up from 1,446 in March 2011, while the South Central Region followed with an estimated 943 closed sales for the month, up from 749 a year ago.

Year-over-year, four of the regions posted an increase in their median prices led by the North Region (+10.5 percent) with the South Central Region (-3.1 percent) posting the largest decline in prices.

The total number of homes available for sale increased slightly in March with 54,181 homes actively available. That’s up from 52,935 in February but down from 61,510 in March of 2011.

The state had an average 12.2 months supply of homes available for purchase, up slightly from a 12.1 months supply in February but still down from a 14.5 months supply a year earlier.

Tags: existing homes, condos, sales, median home prices, Wisconsin

Source:
WRA

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

May 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums surged by over 50 percent in Wisconsin during March and outpaced the previous year’s sales for the ninth consecutive month according to the latest housing data from the Wisconsin Realtors® Association (WRA).

An estimated total of 4,791 existing single-family homes and condos were sold in the Badger State in March. That was 53.8 percent higher than the 3,116 homes sold in February and 25.0 percent higher than the 3,834 homes sold in March 2011. It was the ninth consecutive month that homes sales have improved year-over-year.

The median sales price for an existing home in Wisconsin increased by 7.4 percent in March to $123,500, up from $115,000 in February, and was 0.4 percent higher than the median price of $123,000 in March of last year.

Rob Keefe, Chairman of the WRA, stated, “It’s very encouraging to see sustained growth in home sales. We’re hopeful that the combination of moderating prices and low mortgage rates will carry this momentum into the next six months, which are the prime homebuying season in Wisconsin.”

All six of the regions that provide data for the monthly report posted gains in home sales over the previous year with the Northeast Region (+32.9 percent) reporting the largest increase followed by the Central Region (+32.3 percent).

The Southeast Region recorded the most sales for the month with an estimated 1,797 home sales, up from 1,446 in March 2011, while the South Central Region followed with an estimated 943 closed sales for the month, up from 749 a year ago.

Year-over-year, four of the regions posted an increase in their median prices led by the North Region (+10.5 percent) with the South Central Region (-3.1 percent) posting the largest decline in prices.

The total number of homes available for sale increased slightly in March with 54,181 homes actively available. That’s up from 52,935 in February but down from 61,510 in March of 2011.

The state had an average 12.2 months supply of homes available for purchase, up slightly from a 12.1 months supply in February but still down from a 14.5 months supply a year earlier.

Tags: existing homes, condos, sales, median home prices, Wisconsin

Source:
WRA

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

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