The housing market continues to rebound in Wisconsin
WALWORTH COUNTY — The Wisconsin Realtors Association says home sales climbed nearly 19 percent in May, compared to the same month last year. The association says it’s the 11th consecutive month of double-digit increases.
The median home sale price also rose in May, albeit slightly. The median price is up 1.5 percent to $138,000 in May.
Jim Smith of W.E. Smith Realty Inc., in Appleton, says there’s been a lot weighing on consumer confidence lately, including a tough job market and Wisconsin’s recall elections. But lately, Smith says consumers, in particular first-time home buyers, have been more eager to own a home as prices dropped.
Association president Michael Theo tells the Milwaukee Journal http://bit.ly/LVXeo8 an improving job market is having an impact.
According to Wisconsin Realtors Association, home sales in Walworth County rose from 101 in April to 131 in May, and the median price of homes increased from $148,000 to $150,000.
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