real estate

Scott Crawford Inc.

Despite the pandemic, construction has continued on new projects in the Milwaukee area. Although many of us are more focused on this health crisis, social unrest, and economic turmoil - we’re still experiencing a shortage of affordable housing. That shortage, mixed with the financial burden of housing, adds even more stress to these issues.

Alesandra Tejeda

As many Wisconsinites continue to work from home, the future of office buildings could be very different from how we left them.

Like many of you, the Lake Effect team has been working from home the past few months. And while we sit at our kitchen tables, couches or closets, our office building is relatively dormant, leaving our cubicles and offices empty. While the transition has been difficult for some employees, some people and companies hope to make working from home a permanent solution.

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As stay-at-home orders have been extended in most states due to the coronavirus pandemic, there’s been a greater focus on housing more generally. Skyrocketing unemployment and uncertainty about the future has made it more difficult for people to make rent.

PIC SNIPE / Adobe Stock

The COVID-19 pandemic has most of us staying at home. But that can be difficult when you’re trying to sell or buy a home — and perhaps most difficult when you’re the person trying to help people buy or sell a home.

>>The Latest WUWM & NPR Coronavirus Coverage

But despite the obvious complications, realty agent Ginger Lazovik says business is charging ahead at full speed with the help of some digital aids. 

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There are a lot of buildings currently under construction in the heart of Milwaukee. New hotels, apartments and office buildings — the city is experiencing a huge transformation. But with the COVID-19 pandemic and a looming recession, there are lots of questions hanging over these projects. 

>>The Latest WUWM & NPR Coronavirus Coverage

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Food halls have been popping up in neighborhoods and suburbs throughout the Milwaukee Area. These spaces have become popular in cities throughout the country, and generally offer a dining experience uniquely different from a standard restaurant.

"The idea is to have these kind of small format, usually local food and beverage vendors collected into one place with a central bar and also central seating," says Tom Daykin, a reporter covering commercial real estate for the Milwaukee Journal Sentinel.

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So much has changed in Milwaukee over the last decade. Over just the past few years, the Hop streetcar has connected downtown neighborhoods, the Northwestern Mutual Tower has transformed the city's skyline, and the Fiserv Forum has redefined the neighborhood now known as "The Deer District." 

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Ranch homes — people either love them or don’t ever want to live in one. Still, despite their association with shag carpet and wood paneling, these single-story homes remain in high demand today.

The Couture Milwaukee

The site of the proposed Couture building has been plagued by problems for more than half a century. It was once the site of the historic Lake Front Depot, which heralded guests on Chicago-Northwestern rail lines for more than 80 years.

Natee Meepian / Adobe Stock

Shopping malls in the U.S. are facing an uphill battle. As online sales have boomed over the past decade, traditional, brick and mortar stores have seen declining profits while rents have risen.

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Since the construction of the Bucks’ Fiserv Forum started three years ago, much has changed in that part of town. The area, which some have dubbed the “Deer District,” has taken huge leaps forward over the past year. But there's still much to be done.

As the final bits of rubble are cleared from the former Bradley Center, the Fiserv Forum's limelight is shining a bit brighter. 

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If you’ve bought or sold a house recently, or just seen the forest of for sale signs around town, you know the Milwaukee real estate market is hot right now. Demand is outstripping supply in many parts of town. 

READ: 'Milwaukee Magazine' 2019 Real Estate Guide Demonstrates The City's Cresting Housing Market

James Meyer / Milwaukee Magazine

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.

Courtesy of The Home & Garden Show

Whether its cleaning off or furnishing a patio, planting the first flowers or vegetables of the season or springing for new windows, new landscaping or new plumbing,  the organizers of the annual Milwaukee Realtors Home and Garden Show are aware that the shift in seasons brings spring cleaning and home improvement. 

Photo by Kevork Djansezian/Getty Images

The Wisconsin Realtors Association says sales of existing homes in May increased 18.2 percent, compared to May of 2012.

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