Signs of relief emerge for Wisconsin homebuyers


Signs of relief emerge for Wisconsin homebuyers


GREEN BAY - Market conditions have shown signs of improvement for Wisconsin homebuyers as the state’s busy season ends.

Winter generally brings a slowdown in housing markets, but buyers who brave the cold temps should find more favorable conditions such as more homes for sale and cheaper financing.

National mortgage interest rates in November have dropped after reaching a 23-year high in late October. Buyers also haven’t had to offer quite as much over the asking price in order to have a chance at homes. Coupled together, they amount to improving affordability, said Victoria Imhoff, a real estate agent with Century 21 Ace Realty in Appleton.

“Things are actually starting to shift in buyers’ favor a bit more than it has been,” Imhoff said...

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- - Volume: 11 - WEEK: 48 Date: 12/1/2023 8:30:33 AM -