On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1360 AM Northeast, WI 97.5 FM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
72° Feels Like: 72°
Wind: S 6 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Sunny 72°

Tonight

Mostly Clear 49°

Tomorrow

Partly Cloudy 72°

Alerts

Residential property values up 2.5% in Wisconsin over past year

MADISON, WI (WTAQ) - The value of residential property in Wisconsin rose by two-and-a-half-percent last year, ending a five-year stretch of losses dating back to the national housing market collapse.

Homes and other residences gained more than $8 billion in equalized value between January 1st, 2013, and January 1st of this year.

The Wisconsin Department of Revenue released its report Friday.

Increasing home sales prices were the main driver of the improving.

Residential property values in Milwaukee were down by 2 percent. Commercial property and manufacturing businesses showed gains during the same period statewide.

(Story courtesy of Wheeler News Service)

Comments