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Green Bay Wisconsin Howard - Real Estate Market Update

By Greg Dallaire

Real Estate Agent with Dallaire Realty

September 22, 2008 03:34 PM

Green Bay Wisconsin Howard is a great community that is extremely family-oriented. I'm extremely active in the Howard Suamico area, i've written many articles about Howard including information about: Howard's Community, the parks, school district information, seller tips, and premiere Howard lots.

Now lets dive into the Green Bay Wisconsin Howard Market Report!

For those of you who are unfamiliar with the term absorption report I'll explain. It's a term becoming much more widely used in the real estate world. An absorption report is the measurement of how long it will take to clear out the inventory of homes based on how fast they are selling. If you've been watching the national media you will hear the terms buyers' market and sellers' market over and over again. One way to establish what kind of a market your home falls into is by using absorption reports.

When I study absorption reports I look at the specific area. In this case I'm studying Green Bay Wisconsin Howard's market. The power of studying individual markets and not the whole Green Bay Real Estate market is that I can get a pulse on what's happening in the specific Howard area.

Before we get into the hard numbers, lets utilize a base point to determine what establishes each kind of market.

Market Absorption Analysis:

6 Months Supply = Balanced Market
Less than 6 Months Supply is Sellers Market
More than 6 Months Supply is Buyers Market

Howard Absorption Report

The number we need to focus on in this spreadsheet is the current monthly supply. You can see that currently we are in a buyers market in Howard. This is not to scare you but to educate you on the whole Howard Suamico market. Then you can be educated and know what you are up against when you are considering selling your home.

Here's the positive about this negative spreadsheet. Homes are still selling, just not at the current rate we would all like. You can still sell your home, but it's going to take aggressiveness. It's more important than ever to hire a realtor that understands your specific market.

If I can leave you with one last note- it's that you may end up netting less than what you hoped for on your home, but you can also recoup it on next home purchase. If you buy into another buyers' market and be patient you can recoup some of your losess. Make sure you hire a buyer's agent who understands these numbers and has your best interests in mind.

For all your Green Bay Wisconsin Howard Community Information visit posts below:

Contact Greg Dallaire Green Bay Real Estate Agent an Associate Broker for Micoley and Company in Green Bay, Wisconsin at 920-217-2647 to list your property for sale or to purchase a property in Green Bay, Howard, Suamico, East De Pere, West De Pere, Bellevue, Hobart, Bellevue, Allouez, Wrightstown, Denmark and the rest of Brown County Wisconsin. I'm accepting referrals.

Call me today at 920-217-2647 . Contact me by email if you prefer by clicking on email me on the right side of this page under my profile.

To view Green Bay Real Estate For Sale Click here and then click on All Properties Greg Dallaire knows Brown County and
will help you get your home Sold. If you need to Sell your home contact the Green Bay Wisconsin Real Estate Expert Greg Dallaire.