May home sales in the Milwaukee Metro Area down 2.7%
Posted: Jun 12, 2018 9:20 PM CDT
-
4:06
Father Gene’s Help Center offers clothing to people in need,...
-
5:16
Toy Tips founder shares tips for fun fall road trips
-
2:16
Temperatures cool down with a round of frost possible Thursday...
-
2:16
Milwaukee County to host third annual Sherman Park Harvest Fest
-
2:55
Local ’Day of The Dead’ festivities highlight love and remembrance
-
2:46
Speakers pressure MPS board to reject any plan to bring police...
-
0:57
Families hold vigil for loved ones, protest police brutality...
-
1:58
Decision on controversial Waukesha County sales tax postponed
-
1:46
Gov. Walz, former President Obama host campaign event in Madison
-
2:22
Soul to the Polls hosts early voting event
-
1:27
Brookfield family finds hidden camera on property
-
2:30
Early voting begins in Milwaukee
MILWAUKEE (CBS 58) -- Home sales in May are down over 2% in the Milwaukee metro area as there's a shortage of homes on the market.
The Greater Milwaukee Association of Realtors says 2,121 homes were sold last month in Milwaukee, Ozaukee, Washington, and Waukesha counties.
Although the housing market is full of possible buyers, there aren't enough sellers of good properties to meet the demand.
The influx of first-time buyers, low-interest rates, and a strong regional job market are all factors for the current trends.
Sign up for the CBS 58 Newsletter