The Greater Milwaukee Association of REALTORS® (GMAR) is participating in the Nationwide Open House Weekend, Saturday, June 4th and Sunday, June 5th, 2011.
The event falls in the midst of what is typically prime buying season. And recent housing news gives areaREALTORS® plenty of encouraging news for home buyers: The National Association of Home Builders reported last week that home affordability reached its highest level in 20 years, making the purchasing power for buyers better than it has been in decades. Plus, Freddie Mac reported last week that for the sixth straight week fixed-rate mortgages inched down, reaching new lows for 2011.
“Home ownership benefits individuals and families, as well as strengthens our communities,” Steve Wiedenfeld, 2011 Chairman of the GMAR, stated. The association is among approximately 350 nationwide participating in the event this weekend. “Through this nationwide event, we will not only educate the public on the value of owning a home, but also help those who are striving to become home owners take steps toward achieving their goals,” Wiedenfeld continued.
Participating GMAR members will hold open houses and be available to have one-on-one conversations regarding the local market with future homeowners. The purpose of the Nationwide Open House is to start a discussion between REALTORS® and the public regarding homeownership, their local community, and what options (buying vs. selling, downsizing, etc.) are right for potential buyers and sellers.
First-time buyers are especially encouraged to take advantage of this event and speak to a REALTOR® as a first step toward homeownership.
*Note: GMAR members are available for media interviews on an individual basis. Please contact Mike Ruzicka at 414.870.1876 or 414.778.4929 to make arrangements.
The Greater Milwaukee Association of REALTORS® is a 4,000-member strong professional organization dedicated to providing information, services and products to “help REALTORS® help their clients” buy and sell real estate.