NORTHWOODS - Home sales fell in the state of Wisconsin, but they're on the rise in the Northwoods.
Real Estate experts say home sales are up 5% in Oneida County. Home sales for the Northwoods are up 4%. Experts say right now it's a buyers market.
“If you're a seller right now you are probably going to be seeing some low ball offers,” says Ashlei Highfill, Century 21 Sales Associate. “We just encourage people to respond to any offer that they get not to just reject it or be offended but these days we are seeing a lot of buyers coming in and offering a lot less than what sellers are asking for.”
Experts say fewer homes are being foreclosed. This allows more families to make first time home purchases.
“It’s great to see that people are obviously getting back to work so they can afford to take that opportunity to put their family in their first home it's exciting for all of us,” says Highfill. “We're always happy to see somebody get that first house for their kids we're seeing some people that are making more money now so they're buying a move up house.”
Overall home sales in Wisconsin fell 11% compared to this time last year.