Today’s local real estate market comprised of low ball bids and cold feet
That is how I would describe Milwaukee’s real estate market today. I would have to describe the buyer confidence level as one of low ball bidding and cold feet. However, Sellers seem to be waking up to this reality, and are entertaining lower bids with more seriousness. Additionally, the Milwaukee real estate market is one of caution and proper pricing. Show me a good deal, and I will show you a buyer. Price it high and try to offset it by offering brokers' incentives and watch it sit.