housing

Sue Vliet

Jackie Burrell is looking forward to living in a new apartment after the entire western section of Westlawn, the state’s largest public housing development, is torn down and rebuilt. Burrell said her unit, which was built in the 1950s, sometimes floods when it rains and mold is an ongoing problem.

Susan Bence

Milwaukee real estate prices are on the rise. According to a new report that analyzed apartment listings in major U.S. cities from June to July of this year, Milwaukee saw the highest average increase in the country.

One bedroom rental listings went from an average of $880 in June to just over $1,000 in July. That's an increase of 15%.

Sondem / Fotolia

Milwaukee County residents have not been able to apply for Section 8 rent assistance vouchers for the last fifteen years. However, as a result of changes in the Milwaukee County Department of Health and Human Services Housing Division, the city now is accepting applications for the first time since 2001.  The application deadline is the end of the day today.

iQoncept / Fotolia

It’s a cliché to say that homeownership is the American dream. For generations, it was a milestone that people aspired to and generally went without question. But a storyline in recent years – especially following the burst of the housing bubble in 2008 – has been the reluctance of the millennial generation to adopt that version of the American dream.

Some factors that have kept millennials out of the housing market include waiting for job prospects and security to improve, paying off debts unique to their generation (such as student loans) and overall reluctance.

BillionPhotos.com / Fotolia

Last year ended on a positive note for Milwaukee’s real estate sector. The Greater Milwaukee Association of Realtors reported the area had its strongest December for home sales since 2004.  It was the eleventh straight month home sales increased here.

At the same time, the latest numbers show some cautionary signs – especially for people trying to afford their first home.  Lawrence Yun is the chief economist for the National Association of Realtors, and he adds some context to the discussion.

missty / Fotolia

Baby Boomers have been called the sandwich generation, often caring for their children and aging parents at the same time. Many people struggle to find the right way to talk with their aging parents about some tough family choices.

Many seniors resist a change in housing, even when they know they need to move. "It’s fear of going from a known to an unknown. You know the stores, you know the doctors, you know your neighbors. And then there’s the fear of the uncertainty of where you’re going. So what’s really behind it is not knowing what’s ahead,"Bruce Nemovitz says.

benjamin sTone / Flickr

Downsizing – no matter what the circumstances – is never an easy thing.

That’s especially true when it comes to helping loved ones who may be moving from their longtime family home into senior living or other arrangements. It’s something we have all either done, will do, or are doing right now – for our families or ourselves. 

Helping with that transition is the business of Wauwatosa native Anne Neafie. Golden Transitions specializes in estate sales – both to help downsize or to liquidate an estate.

Scott Paulus / Milwaukee Business Journal

The Milwaukee-based private mortgage insurer, MGIC, reported a fourth quarter profit yesterday. 

Bob Bach

Perhaps the most reassuring thing for some older adults and caregivers to hear is, "You are not alone."

Bob Bach

Some older adults make the transition to a new home relatively easily, while others lean heavily on adult children.

Bob Bach

Senior citizens have lots of options these days when it comes to where to live. The list might even overwhelm some.

The former Dover Street School on the south side of Milwaukee could be redeveloped into apartments for teachers and other young professionals. MPS will hold a community meeting Wednesday to discuss the idea.

School Board member Meagan Holman says ideas floated in the past for Dover have not gained traction, including as an arts center or charter school. But Holman says people seem excited about the possibility of apartments.

Confronting the Challenges in Rebuilding After a Tornado

Jun 24, 2013
courtesy National Weather Service

June is, historically, the busiest month for tornadoes in Wisconsin.

But the state's severe weather can vary wildly from year to year.  Only four tornadoes touched down in Wisconsin in 2012.  The year before, there were forty.  

Wells Fargo will contribute $27 million to housing stabilization efforts in 13 cities including Milwaukee as part of a housing discrimination settlement.

Brad Lindert/Flickr

The Joint Finance Committee is supposed to conclude its state budget revisions this week ahead of a full legislative vote this month. Along with tax and spending changes, the budget includes a proposal to lift residency requirements for most public workers.

Many have debated whether that residency rule change will affect services delivered or even harm local communities.

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