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by CareyBot

The Wisconsin residential home sales market set an all-time high for the third quarter, according to the most recent analysis of statewide existing-home sales conducted by the Wisconsin Realtors Association. Sales of existing homes in Wisconsin during the third quarter totaled an estimated record 30,700 units, a 0.4 percent increase over the third-quarter sales from last year. "The strong real estate market can be attributed to a combination of low interest rates and an improving jobs market in the state," said WRA Chairman Kitty Jebwabny. "With 30-year fixed-rate mortgages averaging below 6 percent over the quarter, and with the statewide unemployment rate ranging from 4.7 percent-5 percent over the period, consumer demand remained solid in the state," she said. The figures on regio...