February 2026 brought a steady and encouraging start to the market, with mortgage interest rates holding relatively stable compared to January. This consistency helped fuel buyer confidence, leading to an increase in pre-approvals, showings, and overall demand.
While new listings did rise slightly as we move toward the spring market, inventory remains below typical levels, continuing to keep pressure on home prices and competition for well-priced properties.
Overall, February showed a balanced but active market, setting the stage for a busy spring season.
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
How Agents Can Help Pinpoint the ‘Best Time to Sell’ in 2026
For home sellers hoping to “time” the market, April 12-18 may offer the best opportunity in 2026, according to a newly released report by NAR REALTOR®
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
The February housing market in the Milwaukee metro area showed modest price growth and increased inventory compared to a year ago. Homes spent a median of 38 days on the market, slightly longer than last year, suggesting the market remains active but is gradually balancing as inventory grows.
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