As we move into February 2026 here in southeast Wisconsin, the early numbers are giving us a clearer read on how the year is shaping up.
Interest rates have held close to their January levels, which has led to a noticeable uptick in pre‑approvals and buyer inquiries across Washington, Ozaukee, Waukesha, and Milwaukee counties.
New listings are beginning their typical first‑quarter rise, but inventory is still below long‑term averages—keeping well‑priced homes competitive and days‑on‑market relatively tight.
Thank you for staying connected and for trusting me to keep you informed as conditions continue to shift.
Noel A. Dedrick, Realtor®, SFR
Broker | Owner | REALTOR
Dedrick Homes
414.467.7652
noel(dotted)dedrick(at)dedrickhomes(dotted)com
www.dedrickhomes.com
Daylight Saving Time starts Sunday, March 8th!
It’s time to set your clocks forward an hour and embrace the extra daylight. As we adjust to the time change, let’s make the most of the longer, sun-filled evenings ahead.
Current Mortgage Rate Update
According to Fairway Home Mortgage “The OBMMI rate indices represent national average rates that include discount points and do not reflect par pricing. The rates shown are as of 2/19/2026 and do not represent Fairway’s Home Mortgage rates.
Source: https://www2.optimalblue.com/obmmi/
How to Choose the Best Offer in a Bidding War
Hey home sellers! 🏠Caught in the frenzy of a bidding war? Before you jump for the highest offer, remember:
🗝️ Highest doesn’t always mean best. Secure funding beats sky-high promises. 💰🔒
🗝️Look beyond the price: Fewer contingencies often mean smoother sailing. ⛔
🗝️ Timeline matters! A flexible close date can be a hidden gem.
⌛ In the bustling bazaar of real estate, it’s all about playing your cards right! Let’s make informed choices together.
As your local real estate expert, I am always happy to provide an updated market analysis for your property or do a search for the new home you’ve been dreaming about.
From the METRO MLS
January featured a market with rising prices and improving inventory, but slightly slower sales activity. Median and average sales prices were up year over year and active listings increased. Closed sales declined compared to last year; while pending sales and days on market both saw modest increases, signaling steady buyer demand with more options available.
THANK YOU… for your continued interest in my e-newsletter! I hope you found this month’s issue beneficial.
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