It’s taken some time since the recession of 2008 for the real estate market around Milwaukee to recover. But in 2019, the bounce back is noticeable. While prices here are still nothing compared to places like Los Angeles, Washington, or even Chicago — houses are going on the market and coming off the market within hours in some neighborhoods.
"Families are competing with older buyers who are looking to downsize. So, the same type of house is attracting offers from both ends of the demographic spectrum," explains Milwaukee Magazine Editor Chris Drosner.
His cover story in the April issue tries to sort out which neighborhoods are hot right now, and which are still comparatively affordable, and he shares what the reporters learned with Lake Effect's Mitch Teich: