State sees record home sales for third quarter


State sees record home sales for third quarter


Wisconsin saw its strongest third quarter on record for home sales, eclipsing the previous third quarter sales record established last year by 9.8 percent.

“Demand has increased in recent months for a couple of reasons: low mortgage rates and an

improving job market in the state,” said Wisconsin Realtors Association President and CEO Michael Theo.

The 30-year fixed-rate mortgage dropped to 2.89 percent in September, which pushed home sales up 18.1 percent compared to September 2019, and increased the statewide median price 17.9 percent to $229,900, according to the WRA...
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- - Volume: 8 - WEEK: 43 Date: 10/22/2020 9:52:19 AM -