Milwaukee-Racine-Waukesha, WI

There is no doubt that the Milwaukee-Racine-Waukesha, WI combined statistical area (CSA) has seen some drastic changes in its housing market over the past few years. The most obvious trend has been the decrease in home prices, which has made it a buyer's market. This is good news for those looking to purchase a home in the CSA, as there are plenty of deals to be had. Another trend that has been occurring is the shift from traditional single-family homes to more multifamily dwellings such as apartments and condos. This is likely due to the fact that many people are now choosing to rent rather than buy, as it is more affordable and requires less maintenance.

The CSA's housing market trends are reflective of what is happening on a national level. Home prices have been on the decline since 2006, and this trend looks like it will continue for the foreseeable future. The decrease in demand for single-family homes has also led to an increase in foreclosures, which has further contributed to the decline in prices. While these trends may seem negative, there are actually some positives to be taken away from them. For instance, renters now have more options than ever before, and buyers can find some great bargains if they know where to look.