August 2023 Market Update

Based on numbers, there are more and more reasons to be optimistic about our economy sticking to the soft landing or at least another delay in the recession forecast! It seems that employers have learned their lesson as to the dismal consequences of mass, knee-jerk reactionary layoffs. Financial sentiments are optimistic yet conservative, and Wisconsin is actually doing well compared to the rest of the nation in terms of a healthy if not slow, real estate market. While it bodes poorly for affordability, it bodes well for prices remaining strong. All in all, there’s strong evidence for a healthy real estate market here in Wisconsin.