Castleberg Schuessler Blog

All Things Real Estate in Greater Madison Wisconsin

Wisconsin Realtors’ 2011 April Home Sales Report

http://www.wra.org/hsrapril2011/

Click the above link to read WRA’s latest home Sale Report. In summary, compared to last year’s monthly sales, 2011 is way down however this is due solely to the tax credit that expired this time last year. Going forward, we expect the stats to even out. We know from our internal showing request stats and the current volume of offers coming in that the trend for future months will show significant recovery.

Interest rates are excellent and home prices are still moderated by the relatively slow market. Buyers would be wise to act as most experts believe interest rates will have to rise in the future.

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