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MARKET TRENDS
The State of the Market
A letter from Joseph A. Horning, President of Shorewest, REALTORS®

Entering the third quarter of the year, the housing market continues to have a tight inventory of homes for sale which is driving median home prices upwards. Although inventory is limited and there are fewer homes on the market, it is important to note that REALTORS® are briskly moving a lot of homes.
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Market Statistics
Learn what's happening in your market area by clicking on the county link. You'll find helpful information, including a year-to-year and quarterly comparisons of new listings, closed sales, median sales price, active listings and months of inventory.
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Shorewest, REALTORS® Named Top Real Estate Company in Milwaukee in 2016 by REAL Trends

Shorewest, REALTORS® has been named the top real estate company in Milwaukee in 2016 for transaction sides and volume in the REAL Trends Market Leaders report. As part of the REAL Trends 500 report, REAL Trends Market Leaders ranks the top residential real estate firms in over 125 different metropolitan markets. Ranked by transaction sides and sales volume, this ranking is a geotargeted shop shot of brokerage performance.

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How Equity Helps Homeowners
What is equity and how does it affect you as a homeowner? Equity is defined as the difference of the home’s fair market value and the outstanding balance of all other debt on the property. Many homeowners are unaware of how much equity they have built up inter homes, particularly with today’s increasing home prices. Homeowners with significant quit (more than 20%) are in a position to…
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Five Tips to Renovate your Kitchen for Less!

The kitchen is the heart of the home; it’s where we spend a lot of our family time and also entertaining guests. Do you find that although you are in the kitchen most of the time, it also seems to be the room where you spend the least amount of effort on? Giving your kitchen some new life will help make the space breathe again, and it may also be time to update to fit your current style.

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My Best Advice to Home Buyers

Financing a new home can be both a stressful and satisfying experience. Unfortunately, in today’s lending environment, much of the stress is created during the process of getting your loan approved. A good lender will prepare you for the financing portion of your journey.

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Thinking about Skipping Out on Title Insurance? Think Again!

Title insurance may seem like one of those extra costs that get tacked on at the end of the home-buying process, but in reality it could save you thousands of dollars! Title insurance offers protection against any problems with the title, or legal ownership status of the home. A lien, or a right to keep possession of property belonging to another person, against a home could jeopardize your financial stake in it, as well as your mortgage lenders.

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