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Learn what’s happening in your market area by clicking on your county link. You’ll find helpful information, including a year-to-year and quarterly comparisons of new listings, closed sales, median sales price, active listings and months of inventory.

Jump to: Brown CountyDodge CountyJefferson CountyKenosha CountyMilwaukee CountyOzaukee CountyRacine CountyRock CountySheboygan CountyWalworth CountyWashington CountyWaukesha County

 

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We are pleased to share that Joseph A. Horning, president of Shorewest, REALTORS®, was recently ranked 93 on the Swanepoel 200 (SP200) and the only person from Wisconsin in the top 100. The SP200 is a ranking of the top real estate industry professionals in the country and features brokers, educators, advisors, tech and media personalities.

According to Rob Hahn, co-editor of the Swanepoel Power 200, the rankings are based on multiple criteria that take into account the individual’s personal influence, their tenure in the industry, the office they hold, the decision-making power of that office, the financial resources of the company or organization, the company or organization’s significance and contribution to the industry, the company’s geographic reach, and their recent activities, growth and potential.

“It’s a great honor to be considered one of the most influential leaders in the residential real estate industry,” said Joe Horning. “The success of Shorewest, REALTORS® is known nationwide and that would never be possible without the drive and passion of the entire team.”

Joseph Horning is a third generation family member to lead Shorewest REALTORS®, Wisconsin’s Largest Home Seller™. While he was at Marquette University High School, he spent his summer months as a courier, delivering files and providing maintenance at all office locations. After graduating from Marquette University in 1991 with a degree in Business Administration, he founded and managed the Information Technology Department. After several years, Joseph took over the role of Vice President and eventually was named President in 2002.

Under his leadership, the company has grown to almost 1,000 sales professionals, 300 support team members and 22 locations throughout Wisconsin. In addition in 2017 Shorewest helped over 11,500 families and had a sales volume of almost 2.8 Billion. Joseph has received numerous personal accolades including: two-time Top Leader in Milwaukee Journal Sentinel’s Top Workplaces, Ranking in the top 100 of the Most Influential Real Estate Executives by Real Estate Executives Magazine, The Business Journal’s 40 under 40 and is currently the Chairman of the Leading Real Estate Companies of the World®.

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When people search for homes, they know that they will be treated fairly in the process; the Fair Housing Act can be attributed with the success of housing equality. The Fair Housing Act was enacted in 1968, and it is a law that prohibits the discrimination in home sales, rentals and financing based on race, color, national origin, religion, sex, familial status or disability of a person. Fair housing is the opportunity for all people to have a roof over their head regardless of their status with no outside stereotypes weighing them down.

This law encourages communities to be open and welcoming. Ideas, connections and a sense of pride found in diverse neighborhoods make a real difference in their surrounding communities. Equal access to housing even has a positive correlation with quality of life. Fair housing can help with talent retention, economic development and so much more. When people feel welcomed they in turn pour themselves into their community. Whether it is as simple as maintain outside curb appeal or as dedicated as setting up a daycare or volunteering at a local shelter, etc., which in turn makes their community an appealing place for diverse and talented people to move to.

The National Association of REALTORS® (NAR) is recognizing the 50th Anniversary of the Fair Housing Act on a year-long basis. Shorewest, REALTORS® has, is and will always support Fair Housing. Our REALTORS® are extensively trained on Fair Housing practices, language to use in ads and more. They understand the rights and responsibilities under this law. Shorewest is a part of NAR and that means they have a strict code of ethics in addition to the Fair Housing Act.

Article 10 of the NAR Code of Ethics provides that, “REALTORS® shall not deny equal professional services to any person for reasons of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. REALTORS® shall not be parties to any plan or agreement to discriminate against a person or persons on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. REALTORS®, in their real estate employment practices, shall not discriminate against any person or persons on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity.”

The Fair Housing Act has changed the real estate business for the better. No longer can families be discriminated against, and all are given an equal chance for better housing. NAR is also committed to civil rights and making the American Dream available for everyone. Where people live has a direct impact on the quality of their education, access to economic opportunities and health. Equal housing opportunities support the development of racially and economically diverse communities.

Shorewest is dedicated to Fair Housing and upholding all that it stands for. The fact remains: we’re a family-owned business, and we act as such. We uphold the same values this company has championed from the outset.  To provide our clients with exemplary customer service that extends beyond a transaction. We look to instill a familial relationship with each customer, imparting Midwestern values of hard-work and dedication.

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A letter from Joseph A. Horning, President of Shorewest, REALTORS®

The beginning of the year is a time to pause and reflect on the success of the 2017 real estate market and look forward to continued growth in 2018. We start the 2018 housing market with a strong foundation as the National Association of REALTORS® reported that, “In the Midwest, existing-home sales are now 6.8 percent above a year ago. The median price in Southeastern Wisconsin was $195,000, up 3.9 percent from a year ago.”

The Wisconsin real estate market experienced strong home sales over the past year, which is especially noteworthy given the ongoing lack of homes for sale to meet buyer demand. It continues as we are seeing more multiple offer situations with some homes selling within days of being put on the market.

In 2018, we expect to see mortgage rates rise along with a continued increase in home prices. If you are considering a move, it is recommended to act sooner rather than later. Working with a Shorewest, REALTOR® who is experienced and getting pre-approved for your financing are still the keys to success in the current market. A Wisconsin Mortgage Corporation Loan Officer can best position you to compete in today’s multiple offer situations.

Through our multiple affiliations, Shorewest can also assist you with all of your real estate needs locally and globally. Using the resources of our family of companies, ranging from mortgage loan consultants and homeowner’s insurance, to property rental and management, we can provide you with everything you need to support your home ownership. Don’t risk your home sale to just any Realtor. Choose a Shorewest, REALTOR®! More tools, more training and more experience add up to why they are the most referred agents.

Over 11,851 families trusted us to fulfill their real estate goals this past year, using our many resources to create a positive real estate transaction. 2017 was a fantastic year for Shorewest, REALTORS®. Thank you for allowing our dedicated team to care for your real estate needs.

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Learn what’s happening in your market area by clicking on your county link. You’ll find helpful information, including a year-to-year and quarterly comparisons of new listings, closed sales, median sales price, active listings and months of inventory.

Jump to: Brown CountyDodge CountyJefferson CountyKenosha CountyMilwaukee CountyOzaukee CountyRacine CountyRock CountySheboygan CountyWalworth CountyWashington CountyWaukesha County

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The third quarter ended on a strong note with record summer home sales and increased median sale prices despite the low inventory of homes available. While we expect seasonal leveling in the fourth quarter, those in a position to sell with a quality, well-staged home can get top dollar and sell quickly. The good news for buyers is even with increased prices, the housing market continues to be affordable.

The Wisconsin REALTORS® Association recorded that August sales were up 9% over August 2015, making this the strongest August since 2005. This is a remarkable record given that inventories remained very tight in Wisconsin. Furthermore, the median price for a home has been moving up since March of 2012. Even with strong growth in prices, housing remains affordable in Wisconsin. According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year mortgage have remained at or below 3.5% for 13 consecutive weeks, which means that buyers are still able to get a great, low rate.

In the current market, buyers need to be prepared when they find a home they would like to purchase. One of the best ways is to be pre-approved for a mortgage which will make your offer even stronger. Wisconsin Mortgage Corporation can help you, talk to a Wisconsin Mortgage Loan Officer today and get pre-approved.

Shorewest’s family of companies work hard to make sure that each client is cared for. Working to provide unsurpassed customer service has helped Shorewest remain Wisconsin’s Largest Home Seller™ since 1951. Our continued leadership is evident today as Shorewest was named part of the Deloitte Wisconsin 75 which is an annual ranking and recognition of the 75 largest, best-performing closely held companies headquartered in Wisconsin. This is our 15th consecutive year receiving this recognition.

When it is time to make a move – locally or anywhere in the world – we appreciate the opportunity to serve as your trusted advisor.

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Brookfield-based Real Estate Company Recognized for Strong Community Business

Shorewest, REALTORS® has remained strong and committed to success. The company recently made the Deloitte Wisconsin Top 75, an annual ranking and recognition of the 75 largest, best-performing closely held companies headquartered in Wisconsin. The list ranks the companies based on several factors including, revenue and business contributions.

“This is the 15th consecutive year Shorewest has been ranked in the Deloitte Wisconsin Top 75,” says Joseph Horning, president of Shorewest, REALTORS®. “We’re proud of our 70 plus years in business and consistent accomplishments rooted in our Midwest values.”

Since its inception in 1946, Shorewest, REALTORS® has been a family-owned company dedicated to helping families in Wisconsin. Hard work and a commitment to excellence allow them to provide clients with unsurpassed customer service.

Through 70 plus years and three generations of leadership, Shorewest, REALTORS® has served the housing needs of Wisconsin. From the vision of one man to the power of 1,200, Shorewest has grown to include 22 sales offices and a family of in-house relocation, mortgage, title and insurance services. In 2017, Shorewest was named a Top Workplace in southeastern Wisconsin for six years in a row. Shorewest, REALTORS® is Wisconsin’s Largest Home Seller™, a position it’s held since 1951. Shorewest currently controls more than 27% of the metro-Milwaukee real estate market, according to Metro Milwaukee MLS.

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If you are a homeowner in our current market, you might be weighing your options when it comes to selling your home or staying put. We are in a robust sellers market that has been described as a “straight up inventory crisis” or that there is an “overwhelming lack of supply”.  First American has just released the results of a survey which helps us understand the current lack of homes on the market.The survey itself asked real estate industry professionals to describe what they thought were the top reasons for the lack of inventory. Here are the results:

  • 47% – existing homeowners are worried that they will not be able to find a home to buy
  • 26.5% – first-time buyer demand is absorbing a large share of available homes
  • 11.3% – existing homeowners’ mortgage rates are lower than the current rates
  • 10.6% – insufficient or negative equity in the home
  • 4.6% – foreign buyer demand is absorbing a large share of available homes

As you can see reasons 1, 3 and 4 explain why current homeowners are unwilling to put their homes on the market.

However if you are a homeowner that is not imprisoned by these concerns, this presents a tremendous opportunity! You are subject to far less competition, and this can result in your home being sold quickly and for the highest possible price in recent history!

If for some reason you are worried about buying a home in this market, the 2017 NAR HOME survey showed that 77% of people believe that now is a good time to buy a home and that 78% of people believe that now is also a good time to sell your home. Buyers working with a REALTOR® are able to see properties before they are listed and therefore have an advantage over buyers looking by themselves. Our 950+ Shorewest sales associates network with one another, sharing homes that are coming on the market – often matching buyers with homes before they hit the market. This is a huge advantage in today’s market to both buyers and sellers. You will find more homes for sale and up-to-date information on Shorewest.com than you would from those national real estate broker sites.

No matter your situation, you have a once-in-a-lifetime opportunity to sell your home at a peak selling time! Contact your Shorewest, REALTOR® today!

Source Credit: KCM

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Sellers can be assured that buyers eligible for Federal VA financing are great buyers ready to go to closing.

Veterans have earned benefits that can greatly assist them when financing a home purchase. Qualifying for the loan is no different than qualifying for a conventional loan. Wisconsin Mortgage Corporation will issue a Pre-Approval to the Veteran to ensure a smooth transaction.

Although the appraiser is assigned by the VA, the methods used to evaluate the value of the home are no different than a conventional appraisal.

Veterans can acquire financing with a 0% down payment… this actually strengthens the transaction because the veteran will be able to hold more money in reserve to qualify or for items we all need after purchasing a home (furniture, drapes, appliances etc.). They have earned the benefit by serving their country.

Wisconsin Mortgage Corporation is a fully delegated Federal VA Lender. This means we make all decisions right here in the local market. Lenders like us process and underwrite locally to make sure timelines are met.

Veterans have earned the benefits offered to them. We feel honored every time we close a Federal VA Loan. Veteran’s returning home after serving our country deserve the help we can give them to purchase a home for their family.

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Much like a major medical procedure, getting financing for a home purchase is a major financial decision. We always urge home buyers to get a second opinion on their home loan. This type of Mortgage Check-Up ensures that you’re getting the right product at the lowest cost. Our Second Opinion PRE-APPROVAL is FREE with absolutely NO OBLIGATION… it includes a free copy of your credit report and all three credit scores. When shopping for a mortgage loan, your credit score will not be affected if you shop within a 60-day period.

Interest Rates & Closing Costs
This is a critical comparison for anyone buying a home. If you’re only focused on getting the lowest rate, you can fall into the trap of paying too much to get that rate. The relationship between rate and cost should always be part of the analysis done by your Loan Officer… our Second Opinion includes apples-to-apples comparisons in a format that is easy to understand… we expect and urge customers to ask questions. We promise to give you straight answers.

Good, Better, Best
In our Second Opinion, you can count on an honest assessment of whatever has been offered… if your local bank’s offer is the best, we will tell you that and happily answer any other questions you might have. We respect the relationship you have and, we will never try to pressure you in any way. Our objective is to make sure you have the BEST financing solution for your home purchase.

Customer Service
We’ve been asked why we provide a Second Opinion FREE and with NO OBLIGATION… the answer is simple. We are part of the Shorewest family of companies, and our real estate partners want a higher level of service for their customers. We aim to fulfill that request every time we talk with a buyer at Shorewest.

When buying a home always remember that it never hurts to get a second opinion… Wisconsin Mortgage Corporation is professional, informative and pain free.

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