Greenfield, WI Real Estate News

By Keith Manson
(First Weber Group/short sale/cdpe/gri)
EFFECTIVE MAY 11, 2009 HUD ANNOUNCED IN MORTGAGEE LETTER 2009-15 THAT CAN USE FIRST TIME HOME BUYER TAX CREDITS FOR THE DOWN PAYMENT!HOW IT WORKS ACCORDING TO THE MORTGAGEE LETTER IS:. NO CASH BACK AT CLOSING BETWEEN MORTGAGE AND TAX CREDIT.  TAX CREDIT ADVANCE IF NOT PAID BY DESIGNATED DATE THAT INTEREST AND PRINCIPLE PAYMENTS WILL START IMMEDIATE.  IF TAX CREDIT ADVANCE ARE REQUIRED MUST BE CONSIDERED IN QUALIFYING THE BORROWER- CAN NOT EXCEED BORROWERS ABILITY TO PAY. THE TAX CREDIT ADVANCE SECOND MORTGAGE MUST NOT HAVE BALLOON PAYMENT BEFORE 10 YEARSWHO CAN OFFER THE TAX CREDIT ADVANCE?FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES, FHA APPROVED NON PROFITS AND APPROVED FHA APPROVED MORTGAGEES MAY PROVIDE BRIDGE LOANS TO BE SECURED BY TAX CREDIT.CHECK OUT THE DOCUMENT AT MORTGAGEE LET...
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By Keith Manson
(First Weber Group/short sale/cdpe/gri)
There are currently 291 active listings with an average list price of $191,024 and have been on the market an average of 124 days.   There are 17 accepted offer with an average list price of $153,817 and have been on the market an average of 120 days.   During April there were 18 sold properties with and average sold price of $173,918 with an average market time of 105 days. At the current rate of sales there is a 16.16 month supply of homes on the market.
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By Kristin Johnston - REALTOR®, Giving Back With Each Home Sold!
(RE/MAX Platinum)
    Saturday 25 April 2009 11 am - 3 pm PROTEST Greenfield Puppy World 4643 South 27th Street (in the Kmart Plaza) Greenfield , WI 53221 Sponsored by the Milwaukee Pet Store Protest Group Please contact HappyCappy90@hotmail.com for more information.   We are a dedicated group of animal lovers that educate the public on the topic of puppy mills and the pet store connection. We are a very active group that plans many events and demonstrations at local pet stores throughout the Milwaukee and surrounding areas that sell puppies and companion animals. We pass out literature and demonstrate at places like PuppyWorld, PetLand, and other retail chains that use Puppy Mills and "Private Breeders" AKA "backyard breeders" to sell to the unsuspecting public.   We promote adoption through local shelt...
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By Keith Manson
(First Weber Group/short sale/cdpe/gri)
March 2009 we saw a significant improvement over previous months this year! During March there was 21 sales compared to 16 in March 2008 and a total of 24 sale in all of January and Febuary!  The good news is that there were only 55 new listings added in March compared to 69 new listings added in 2008.  This means that there is less inventory for people to view!! Reviewing the sales that closed in March, the average price was $140,978 which was 98.04% of the list price and 92.83% of the orignial list price.  The average time on the market was 133 days. The current inventory of properties on the market is 271 with an average list price of $187,324 and have been on the market an average of 138 days.
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By Keith Manson
(First Weber Group/short sale/cdpe/gri)
The Greenfield market was down last year in volume by 48 closings 12.7% volume and listings are down 65 listings or 8.2%.  In January 2009 there were 10 sales with an average time on the market of 138 days and a list to sales price of 95.51 %.  Theat average sold price was $192,400. The sales in 2009 are 50% down compared to the same time in 2008.   There are currently 244 properties on the market witha a average list price of $193,417 and a median list price of $153,900.  The listings are down 18.8% in January 2009 compared to 2008.  The average time on the market is 136 days.  Mostof the listings on the market are between $150,000 and 225,000. The price range of the sold properties in Janauary 2009 were: Number of Properties             Price Range                Time on the market 1 ...
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By Sally K. & David L. Hanson, WI Real Estate Agents - Luxury - Divorce
(EXP Realty 414-525-0563)
                                Greenfield is a city of 11.7 square miles with jagged borders to Milwaukee, Greendale, West Allis, New Berlin and Hales Corners...it is sometimes difficult to tell when you are in and out of the city. The population is just over 36,000. The city is governed by a mayor and five aldermanic districts.     If you are interested in seeing the listings currently available in Greenfield with your requirements for pricing, bedroom, bathrooms and other features, click here and complete the information and listings will be sent to you via e-mail.      SCHOOL SYSTEM  Greenfield residents have students in 3 school systems: Greenfield, West Allis and Whitnall. Whitnall is a district composed of parts of Greenfield, part of Franklin and all of Hales Corners.    50 Year...
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Greenfield, WI Real Estate Professionals