Wisconsin Market now and the future

[Derek Antonissen]

Hey guys, 

I was wondering what people's thoughts were on the existing market here in Wisconsin as well as the United States as a whole. I've been told from numerous people that the market is hot and how it's a sellers market right now. So what are people's thoughts on that and how the market will be moving forward?

[Scott Schultz]

As a Broker, i can attest the market is hot, and prices in some areas are starting to rise, its not stupid yet, but the lending hasn't gotten stupid yet either. my outlook is one of 3 things, we are one "major event" (terrorist attack, war, natural disaster) away from a market shift, so far gas is rising post Houston, and all is silent about the North Korea missile. I think we will be ok for the next 12-18 months, or the end of the Trump Presidency, regardless of your politics, the stock market loves Trump, so housing tends to follow generally by a year, this time it was right on que. I am only buying great deals, and being cautious, Honestly I rooting for a downturn so I can buy when everyone is selling. Right now though is a great time to be a seller, and bad time to be a buyer. Remember, this is an opinion, and it didnt cost you anything, so take it for what you paid for it.