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Door County home sellers smiling

Door County is outpacing the rest of the state regarding home sales. Locally, there was a 4.1% bump compared to three percent in all of Wisconsin. Just as impressive are the lightning-quick contract signings according to realtor Ame Grail:

 


Grail says the big drivers for the sellers' market are falling mortgage rates and tight inventory. Rates have fallen by over one and a quarter percent since last fall. While vacant land remains readily available, the bottleneck seems to be in the cost of materials. The pinch in inventory has people clamoring for finished homes, meaning the excellent selling conditions are expected to continue.

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