The September LORE Report just dropped, and Charlie Stalle spent an unreasonable amount of time on it so you don’t have to. 📊
Rates hit 7.5% and everyone lost their minds. Meanwhile SE Wisconsin is up 7% on median price, absorption hasn’t budged in two years, and KW MKE is growing at twice the pace of the market. Slower is not weaker.
Swipe for the highlights, including the $20K pricing mistake your sellers can’t afford to make.
Want the deeper read? Comment SEPTEMBER and we’ll send you the full Agent Field Guide. It’s 13 pages on what the numbers really say about SE Wisconsin right now, plus exactly what to say to your clients about it.
#KWMKE #MilwaukeeRealEstate #ReadyToThrive #MarketUpdate #KellerWilliamsRates spiked, the industry panicked, and the data shrugged. Slower is not the same as weaker.
Metro MLS is up 7.9%. KW MKE is up 16.5%. That’s you outperforming the market by 108%, one deal at a time.
4.1 million sales for a fifth straight year. If you’re still standing, you already survived the drop-off and know how to work this market.
Arizona agents on social media are describing Arizona. We’re a low-supply, growing-population market. Different game.
New inventory is up 1% this quarter, 7% over three years. A rising tide, not a wave. You can’t do more deals without it.
Hear me on this. Expireds took the spring off and came back with 2,228 units in Q3. Fall sellers are chasing what spring sellers already got. Be the second agent who gets it right.
23 days in May. 36 in September. Absorption hasn’t moved in two years. Buyers didn’t leave, they’re just taking their time because they can.
Days on market up, absorption flat, median price up 7%. There’s only one explanation for that combination.
New this month, and this one’s important: no price change sells at 101% of list. One or more cuts, 96.8%. On a $444K average that’s $20K of equity. Get it right, get it tight.
What’s winning in September: 98.5% of list, inspections at 50/50, cash at 30%. Co-broke compensation did not move one bit.
Screenshot this one. The next “how’s the market?” at the grocery store gets a 20-second answer with real numbers.
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