Sales of existing homes in Wisconsin are outpacing last year’s record purchases, but experts say the lack of inventory has tapped down the hot market.
In 2021, Wisconsin home sales have been ahead of the record sales in 2020. But will the market stay on a record pace for the rest of the year? That's not clear yet. There were 56,503 existing homes sold between January and August in Wisconsin, according to the latest report from the Wisconsin Realtors Association. That's up 2.7 percent from sales of the same period last year.
In 2021, Wisconsin home sales have been ahead of the record sales in 2020. But will the market stay on a record pace for the rest of the year? That’s not clear yet. There were 56,503 existing homes sold between January and August in Wisconsin, according to the latest report from the Wisconsin Realtors Association. That’s up 2.7 percent from sales of the same period last year.
A surge in demand for homes in the United States, in addition to limited housing inventory, has created a sellers market unlike anything seen in recent memory. Homes are now selling faster than ever before — and also for more money than ever before. As of August 2021, a typical single-family home in the United […]
JANESVILLE, WIS. — Zilber Property Group has purchased an industrial portfolio spanning four buildings and 525,000 square feet in southern Wisconsin’s Janesville. The purchase price and seller were not disclosed. Ranging in size from 45,000 square feet to 250,000 square feet, the buildings are fully occupied by Cummins Inc., Pepsi, National Food Distributors and Panoramic. The properties are located at 101 W. Venture Drive, 505 S. Wuthering Hills Drive, 1700 E. Delavan Drive and 525 E. Conde St.
Wingspan Development Group closes $11.7 million to continue multifamily growth in Wisconsin, Florida
Wingspan Development Group has closed its WDG GP Fund to further expand its multifamily development business. The WDG GP Fund anticipates a 15 percent to 20 percent-plus annual return over five years. The $11.7 million fund will participate in the equity of three projects, including Niche at North Hyde Park...
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Marcus & Millichap closed the sale of Advance Self Storage Center, a 61,560-square-foot self-storage facility Hager City, Wisconsin. Brian Kelly, Brett Hatcher and Gabriel Coe, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller. They also secured the buyer in the transaction. Todd Lindblom, Wisconsin Regional Manager and Broker of Record, assisted in closing this transaction.
HSA PrimeCare, the national healthcare real estate division of Chicago-based HSA Commercial Real Estate, has acquired a 16,513-square-foot medical office building at 3040 N. 117th St. in Wauwatosa, Wisconsin. The building is 95 percent leased with about 825 square feet of leasable space. Tenants include Ascension Medical Group, which uses...
Developer Brandon Cook is proposing the demolition of a closed Stop-N-Go store on the city’s east side to make way for a $5 million housing and commercial space project, according to a Wisconsin State Journal report. The four-story project would include 24 market-rate apartments, 14 underground parking spaces, and 1,052 square feet of commercial space at 2002 Winnebago St. The convenience store has been closed since March after the Madison City Council denied a liquor license for the store. The location was also once home to a post office and laundromat. Cook hopes to begin construction in March 2022 after securing land use approvals of the latest proposal.
APG of Wisconsin
Total equalized property values in Wisconsin increased 6.8% in 2021, the largest one-year increase since 2006. The increase was buoyed by residential property values, which also saw their largest increase in that span. Residential property values statewide grew 7.8% in 2021, the biggest annual percentage increase since 2006.
Total equalized property values in Wisconsin increased 6.8% in 2021, the largest one-year increase since 2006. The increase was buoyed by residential property values, which also saw their largest increase in that span. Residential property values statewide grew 7.8% in 2021, the biggest annual percentage increase since 2006. Meanwhile, gross...
With all the 'WOWS' in this photo gallery, I can't imagine the sore neck I'd get from all the head-turning reactions on an actual tour of this massive estate. Every once in a while, you see (or taste) something so amazing, that it's impossible to use actual words to describe how you feel.
GRAND CHUTE – Two Wisconsin real estate firms are joining forces. Colliers | Wisconsin, a real estate firm based in Milwaukee, announced Wednesday in a press release its acquisition of Grand Chute-based Bomier Properties. Colliers is Wisconsin’s largest third-party commercial real estate services firm, according to the release. Founded by...
Milwaukee-based Colliers | Wisconsin is expanding its Fox Valley presence with the acquisition of Appleton-based Bomier Properties Inc. In a press release, Colliers claims to be the state's largest third-party commercial real estate services firm.…