real estate advice

Why Winter Is a Smart Time to Buy a Home in Southeast Wisconsin

When most buyers think about purchasing a home, spring and summer get all the attention. But in Southeast Wisconsin — including the Milwaukee and Mequon areas — winter can actually offer some of the best buying opportunities of the year.

From less competition to motivated sellers and strong local data to support it, here’s why buying a home in winter deserves serious consideration.

1. Less Buyer Competition in the Milwaukee Area

Winter is traditionally a slower season for real estate activity in Wisconsin. Colder weather, the holidays, and busy schedules mean fewer buyers are actively searching, especially compared to the spring rush.

According to the Wisconsin REALTORS® Association, buyer activity typically slows during winter months even as demand for housing remains strong overall. This seasonal slowdown often results in:

  • Fewer multiple-offer situations

  • Less pressure to waive contingencies

  • More time to make thoughtful decisions

Local insights from the Greater Milwaukee Association of REALTORS® (GMAR) also show that winter buyers tend to be more serious — which benefits prepared buyers who want to move decisively without competing against dozens of offers.

Bottom line: fewer buyers = more leverage for you.

2. Winter Sellers Are Often More Motivated

Because fewer homes are listed in winter, sellers who do put their homes on the market often have a strong reason for doing so — such as a job relocation, timing constraints, or life changes.

The Wisconsin REALTORS® Association has consistently reported that winter sellers are often more flexible on price, closing timelines, and concessions simply because demand is quieter than during peak seasons.

In Southeast Wisconsin markets like Milwaukee, Ozaukee, and Waukesha counties, this motivation can translate into:

  • Price reductions

  • Seller-paid closing costs

  • Negotiations on inspection items

This is especially important in competitive neighborhoods where spring bidding wars are common.

3. Winter Pricing Trends Still Favor Smart Buyers

Home prices in Southeast Wisconsin have remained strong overall, but winter creates a more balanced environment.

Recent reporting from Spectrum News 1 Wisconsin and Urban Milwaukee highlights that:

  • Median home prices in the Milwaukee metro area continue to rise year over year

  • Inventory remains tight, but buyer activity slows seasonally

  • Homes often stay on the market slightly longer in winter, allowing room for negotiation

Even when prices don’t drop dramatically, less competition often leads to better outcomes — including stronger contract terms and fewer emotional bidding wars.

4. Wisconsin Winter Data Shows Buyers Stay Active

Winter doesn’t mean the market stops — it simply shifts.

According to recent Wisconsin REALTORS® Association reports:

  • Winter home sales across the state remain steady year over year

  • Inventory levels often improve slightly at the end of the year

  • Serious buyers stay active while casual buyers step back

For buyers in Southeast Wisconsin, this creates a sweet spot: motivated sellers + fewer competing buyers.

5. Winter Reveals What You Need to Know About a Home

Buying during a Wisconsin winter gives you insight you simply can’t get in warmer months.

You’ll be able to see:

  • How the home handles cold weather

  • Whether insulation and heating systems perform well

  • How snow and ice affect the roof, driveway, and entryways

These real-world conditions are especially important in areas like Mequon, Milwaukee’s North Shore, and surrounding suburbs, where winter performance truly matters.

Why Local Expertise Matters in Winter

While winter offers clear advantages, navigating a seasonal market requires local knowledge.

Julie Luettgen, a Southeast Wisconsin real estate expert serving the Milwaukee and Mequon areas, helps buyers leverage winter conditions to their advantage — from identifying motivated sellers to negotiating favorable terms before spring competition returns.

Whether you’re a first-time buyer, relocating, or looking to make a strategic move, working with an agent who understands local winter market patterns can make all the difference.

Is Winter the Right Time for You to Buy?

If you’re prepared, informed, and working with the right guidance, winter can be one of the smartest times to buy a home in Southeast Wisconsin.

With:

  • Less competition

  • Motivated sellers

  • Negotiation opportunities

  • Strong local market data

Buying now could put you ahead before the spring market heats up.

Thinking about buying this winter?

If you’d like personalized insight into the Milwaukee or Mequon market, Julie Luettgen can help you evaluate opportunities and create a strategy that fits your goals — even in the heart of winter.

Three Essential Steps Before Buying Your First Rental Property

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Guest article by Katie Conroy of Advicemine.com

Three Essential Steps Before Buying Your First Rental Property

There are several financial benefits to investing in real estate, but there are risks as well. Problem tenants, prolonged vacancies, and unexpected home repairs can affect your cash flow and threaten the success of your major investment. Fortunately, you can avoid these risks by planning carefully, doing your research, and educating yourself about running a rental. As you familiarize yourself with real estate investing and search for your first property to purchase, don’t forget about these three important steps!

Get a Home Inspection

One essential thing to do before buying a property is to get a home inspection. Without a home inspection, you could wind up with expensive maintenance issues that threaten your rental profits. As Investopedia explains, you can usually back out of a sale if your home inspection reveals significant problems with the property. Alternatively, you can use the results of a home inspection to negotiate a better purchase price!

Your home inspector should inspect the entire building from top to bottom, including essential elements like the roof, foundation, plumbing, electrical, and HVAC system. Even seemingly small issues can be important. For instance, if the water heater is not functioning properly, it may need to be repaired or replaced, especially if it’s more than 10 years old or producing rusty water.

The cost to install a new water heater will depend on the type of unit you’re replacing. Home Advisor reports that standard tank water heaters cost an average of $889 to install while tankless heaters can cost you $3,000 with labor. It’s easy to see you’ll need to research the repair costs for any issues revealed in the inspection so you can decide if it’s still worthwhile to go through with the sale.

Lay the Financial Groundwork

Budgeting for an investment property is just as important as budgeting for your first home. But this time, you should have a real investment strategy in mind before making your big purchase. There are several different ways to make money with an investment property, including buy and holds, commercial real estate, and fix and flips. Before deciding on an investment strategy, research each option until you understand the financial pros and cons of each.

Not only should you budget for your property purchase, but for your ongoing expenses as well. Be ready to cover your monthly mortgage payments, insurance premiums, property management fees, taxes, and maintenance costs. Be prepared to cover these costs during vacancy periods when you’re not earning any rental income. Thankfully, most of your regular expenses are tax-deductible!

Know the Risks

Before you get involved in any big investment, make sure you have a clear understanding of the risks involved. As The Simple Dollar explains, one of the biggest risks of investing in a rental property is the concentration of your assets. If you put a good portion of your net worth into the purchase of a rental property and things go south, you could lose a lot of money.

Tenants are another major source of risk. Even if you take the time to screen your tenants properly, there’s no guarantee that they will pay rent on time—or at all! Tenants can also cause damage to the property that can mean major repairs when they move out. Your tenants may even decide to take legal action against you if you fail to follow federal and state laws.

In the event you do get sued, you’ll want to enlist the assistance of an attorney. A landlord-tenant attorney will typically cost $225 to $300 per hour, although the first half-hour of consultation is usually fr

If you’re in good financial shape and you can handle the responsibilities of being a landlord, you may be in a position to mitigate these risks. For example, before buying a property, make sure you do plenty of research into the surrounding neighborhood and the people who live there. Learn how to be an effective landlord and avoid problem tenants. Finally, make sure you understand the legal rules you must follow in the role of landlord.

By investing in real estate, you’re on track to earning passive income! Before you make a purchase offer on a property, take the time to develop an investment strategy, budget for ongoing expenses, get a home inspection, and learn about the risks involved in owning a rental property. The more you prepare for this venture, the greater your chances of success!

For more information about Katie Conroy email at kc@advicemine.com

Opinions in this article are that of the guest writer. Do not rely solely on one opinion when making a decision about real estate.