Mogul MKE | February 2024

P E O P L E

-

P L A C E S

-

L I F E S T Y L E

Mogul MKE FEB RUA RY 2 0 2 4 | I SSU E N O. 18

B Y B RA N D O N T Y L ER |

GL O B A L R EA L ESTAT E A D V I S O R |

W I S C O N S I N H O M E.C O M

FEB RUA RY 2 0 2 4 | I S S U E N O. 18

Contents 04

Market Updat e

06

Valent ine's Day Dining

07

Valent ine's Day Gift s For Her

08

What ?s New Around Milwaukee?

09

Weekend Get away

10

Luxur y Out look

11

Nat asa Jones Int eriors

12

3 Must -Do?s When Selling Your House in 20 24

13

Do You Know a Buyer?

14

Indulge In Com fort Food This Wint er

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M W I S C O N S I N H O M E.C O M

J A N UA RY 2 0 2 4

B AY V I EW

WA U WAT OS A

WA U K ES H A COUN T Y

OZ A U K EE COUN T Y

N O RT H S H O RE

U P P ER EA ST S I D E

D OW N T OW N C O N D OS

Market Update

4

1.44

$282,500

36

25

IN VEN TORY LEVEL YTD

M EDIAN SALE PRICE YTD ( $ 2 2 0 ,5 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 2 8 LY)

N EW LISTIN GS YTD ( 2 2 LY)

1.71

$369,500

78

19

IN VEN TORY LEVEL YTD

M EDIAN SALE PRICE YTD ( $ 4 70 ,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 10 LY)

N EW LISTIN GS YTD ( 13 LY)

1.1

$475,538

19

24

IN VEN TORY LEVEL YTD

M EDIAN SALE PRICE YTD ( $ 4 5 0 ,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 3 3 LY)

N EW LISTIN GS YTD ( 3 1 LY)

1.42

$525,120

40

47

IN VEN TORY LEVEL YTD

M EDIAN SALE PRICE YTD ( $ 4 0 0 ,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 3 2 LY)

N EW LISTIN GS YTD ( 6 7 LY)

1.18

$418,000

23

195

IN VEN TORY LEVEL YTD

M EDIAN SALE PRICE YTD ( $ 4 4 0 ,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 17 LY)

N EW LISTIN GS YTD ( 2 3 0 LY)

.85

$330,000

20

28

M EDIAN DAYS ON M ARKET YTD ( 24 LY)

N EW LISTIN GS YTD ( 2 9 LY)

IN VEN TORY LEVEL YTD

M EDIAN SALE PRICE YTD ( $ 2 77,5 0 0 LY)

1.23

$238,000

43

24

IN VEN TORY LEVEL YTD

M EDIAN SALE PRICE YTD ( $ 2 5 6 ,75 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 3 5 LY)

N EW LISTIN GS YTD ( 2 5 LY)

© 2 0 24 M ah l er So t h eby ?s In t er n at i o n al Real t y. Al l Ri gh t s Reser ved . Th e So t h eb y ?s In t er n at i o n al Real t y t r ad em ar k i s l i c en sed an d u sed w i t h p er m i ssi o n . Eac h So t h eby ?s In t er n at i o n al Real t y of f i c e i s i n d ep en d en t l y ow n ed an d o p er at ed , exc ep t t h ose o p er at ed by So t h eb y ?s In t er n at i o n al Real t y, In c. Th e So t h eb y ?s In t er n at i o n al Real t y n et wo r k f u l l y su p p o r t s t h e p r i n c i p l es of t h e Fai r Ho u si n g Ac t an d t h e Eq u al Op p o r t u n i t y Ac t . Th i s m at er i al i s b ased u p o n i n f o r m at i o n w h i c h we c o n si d er r el i ab l e b u t b ec au se i t h as b een su p p l i ed by t h i r d p ar t i es, we c an n o t r ep r esen t t h at i t i s ac c u r at e o r c o m p l et e an d i t sh o u l d n o t b e r el i ed u p o n as su c h . In f o r m at i o n i s o b t ai n ed f r o m t h e M et r o M LS, d eem ed r el i ab l e b u t n o t gu ar an t eed f r o m 0 2 / 0 5 / 24 .

S I N GL E- FA M I LY H O M ES | J A N UA RY 2 0 2 4

Milwaukee County

WHAT IS AN ABSORPTION RATE? Absorption rates measure how quickly or slowly homes are sold in a specific market and time frame. It?s important for sellers, buyers, and realtors to calculate the absorption rate as it?s used to read market conditions. The higher the absorption rate, the faster homes are selling since there?s more demand from buyers than available properties. Source: mansionglobal.com/ library/ absorption-rate

What?s Your Home Worth?

Get a complimentary home valuation report via email. It may be worth more than you think! Visit BRANDONTYLERRE.COM/ HOME-VALUATION to learn more!

Valentine?s Day Dining L O CA L RESTA U RA N T S W I T H S P EC I A L VA L EN T I N E?S DAY M EN U S

L U P I & I RI S 777 N. Van Buren St . | Milwaukee, WI

T H E V I L L A GE C H EES E S H O P 1430 Underwood Ave. | Wauwatosa, WI

PA STA T REE RESTA U RA N T & W I N E B A R 1503 N. Farwell Ave. | Milwaukee, WI

O RI GI N A L C REA M PU FFS 820 0 W. Greenfield Ave. | West Allis, WI

O L D T OW N S ERB I A N GO U RM ET RESTA U RA N T 522 W. Lincoln Ave. | Milwaukee, WI

DAV I A N S N56W1630 0 Silver Spring Dr. | Menomonee Falls, WI

S A N FO RD 1547 N. Jackson St . | Milwaukee, WI S A I N T K AT E ? T H E A RT S H OT EL 139 E. Kilbourn Ave. | Milwaukee, WI S H A K ER?S C I GA R B A R 422 S. 2nd St . | Milwaukee, WI S P I RI T S O F N O RWAY V I N EYA RD 2220 0 W. 6 Mile Rd. | Franksville, WI 6

T H E B A RT O L OT TA RESTA U RA N T S Multiple Locations I L M I T O CA FÉ?S 6913 W. North Ave. | Wauwatosa, WI S A L A ? M O D ER 2613 E. Hampshire St . | Milwaukee, WI

Source: milwaukeemag.com/ 15-local-restaurants-withspecial-valentines-day-menus

Valentine?s Day Gifts For Her N EW YO RK T I M ES GU I D E T O U N EX P ECT ED GI FT S

J EW EL RY Catbird Silver Dollhouse Heart Locket Laura Lombardi Piatta Necklace Danique Jewelry Minimalist Birthstone Bracelet

FL OW ERS Rooted Salmon Orchid Lego Flower Bouquet Paper Love Lovely Roses Pop Up Card

C H EC K O U T T H E FU L L L I ST nytimes.com/ wirecutter/ gifts/ valentinesday-gifts-for-her/

What?s New Around Milwaukee?

N EW D I N I N G A N D D RI N K O PT I O N S A RO U N D T H E C I T Y

Agency Agency will operate as an experiential coffee shop by day and an inclusive bar serving up alcoholic and zero proof cocktails Friday through Sunday night .

MORE INFO: welcomet o.agency

Mex Avenue Mex Avenue, which offers a wide array of Mexican fare, opened a second location in the Crossroads Collective.

MORE INFO: mexavenue.com

Buchanan's Buchanan's is a UK-inspired pub located at Bayshore.

It offers dishes inspired by Scotland, Ireland, and Great Britain with a Midwestern flair.

MORE INFO: buchanansmke.com

Forage Kitchen Milwaukee Metro area has its first location of Forage Kitchen, a Madison-based concept that aims to offer fresh, satisfying scratch-made fare in a quick, convenient format .

MORE INFO: eat forage.com

8

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Weekend Getaway YO U R W I S C O N S I N S PA GU I D E

OST H O FF RES O RT S PA 10 1 Osthoff Ave. | Elkhart Lake, WI osthoff.com

S U N DA RA I N N & S PA 920 Canyon Rd. | Wisconsin Dells, WI sundaraspa.com

K O H L ER WAT ERS S PA 50 1 Highland Dr. | Kohler, WI destinationkohler.com/ well-being

GRA N D GEN EVA RES O RT & S PA 7036 Grand Geneva Way | Lake Geneva, WI grandgeneva.com/ well-spa

9

LUXURY OUTLOOK 2024

L U X U RYO U T L O O K .C O M The?Sotheby?s International Realty®?2024 Luxury?Outlook report overviews industry trends in high-end residential markets around the world and highlights what you can expect in the year ahead.

10

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

N ATASA J ON ESI N T ERI ORS.COM

Natasa Jones Interiors is a full service interior design firm with over seven years of experience. From full remodels to furniture selections, we will help you create the space you?ve always dreamed of.

All offered services start with a free consultation. natasa@natasajonesinteriors.com | 414-412-3553

Three Must-Do?s When Selling Your House in 2024 J A N UA RY 2 2 , 2 0 2 4 | K EEP I N G C U RREN T M AT T ERS If one of the goals on your list is selling your house and making a move this year, you?re likely juggling a mix of excitement about what?s ahead and feeling a little sentimental about your current home. A great way to balance those emotions and make sure you?re confident in your decision is to keep these three best practices in mind when you?re ready to sell.

1. P RI C E YO U R H O M E RI GH T The housing market shifted in 2023 as mortgage rates rose and home price appreciation started to normalize once again. As a seller, you still need to recognize how important it is to price your house appropriately based on where the market is today. Hannah Jones, Economic Research Analyst for Realtor.com, explains: ?Sellers need to become familiar with their local market and work closely with a local agent to make sure their listing is attractive to buyers. Buyers feeling the pressure of affordability are likely to be pickier, so a well-priced, well-maintained home is the ticket to drumming up big demand.? If you price your house too high, you run the risk of deterring buyers. And if you go too low, you?re leaving money on the table.

2 . K EEP YO U R EM OT I O N S I N C H EC K Today, homeowners are staying in their houses longer than they used to. According to the National Association of Realtors (NAR), since 1985, the average time a homeowner has owned their home has increased from 6 to 10 years.

This is much more than what used to be the norm. The side effect , however, is when you stay in one place for so long, you may get even more emotionally attached to your space. Every room has memories, and it?s hard to detach from the sentimental value.

For some homeowners, that makes it even tougher to separate the emotional value of the house from fair market price. That?s why you need a real estate professional to help you with the negotiations and the best pricing strategy along the way. Trust the professionals who have your best interests in mind.

3 . STA GE YO U R H O M E P RO P ERLY While you may love your decor and how you?ve customized your house over the years, not all buyers will feel the same way about your vibe. That?s why it?s so important to make sure you focus on your home?s first impression, so it appeals to as many buyers as possible.

Buyers want to be able to picture themselves in the home. As Jessica Lautz, Deputy Chief Economist and Vice President of Research at NAR, says: ?Buyers want to easily envision themselves within a new home and home staging is a way to showcase the property in its best light .? A real estate professional can help you with expertise on getting your house ready to sell.

Read More: https:// www.mykcm.com/ blog/ 3-must-dos-when-selling-your-house-in-2024 12

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Do You Know a Buyer?

FEAT U RED L I ST I N GS FRO M M A H L ER S OT H EB Y ?S I N T ERN AT I O N A L REA LT Y

SHOREWOOD HOM E WITH BEAUTIFUL OLD-WORLD CHARM

4323 N. Wildwood Ave. SHOREWOOD, WISCONSIN 3 BR | 1.5 BA | $ 4 59,0 0 0 List ed by LISA ASHLEY

CLASSIC N ORTH POIN T HOM E

9 TH-FLOOR CORN ER UN IT

2405 E. Wyoming Pl.

400 N. Broadway, Unit 903

M ILWAUKEE, WISCONSIN

M ILWAUKEE, WISCONSIN 2 BR | 2 BA | $ 54 0 ,0 0 0 List ed by LISA ASHLEY

7 BR | 4 FULL, 2 HALF BA | $ 1,79 5,0 0 0 List ed by PETER MAHLER TEAM

© 2024 Sotheby?s International Realty. All Rights Reserved. Sotheby?s International Realty® is a registered trademark and used with permission.

Each Sotheby?s International Realty office is independently owned and operated, except those operated by Sotheby?s International Realty, Inc. All offerings are subject to errors, omissions, changes including price or withdrawal without notice. Equal Housing Opportunity.

M A H L ERS I R.C O M

13

Indulge In Comfort Food This Winter GRI L L ED C H EES E A N D W I N E PA I RI N GS FRO M C O RAV I N

Brie Grilled Cheese with Figs This one is inspired by the charcuterie board of your dreams. If you can?t get your hands on fresh figs, grab your favorite fig spread. Got both? Add both. For wine, Coravin recommends pairing with Sauvignon Blanc or Pinot Noir. Coravin's recommendations are: 2020 Aquilini Red Mountain Sauvignon Blanc & 20 18 Halleck Vineyard Three Sons Cuvee Pinot Noir Russian River Valley.

Ingredients: -

2 slices sourdough bread

-

8 thin slices of of brie cheese

-

2 figs, sliced thinly

-

butter, room temperature

-

optional: dried rosemary

How to Make It: 1. Heat a skillet or griddle over medium heat .

Spread butter on one side of each slice of bread.

Place the bread on the skillet , butter side down.

2. On top of each, add 4 thin slices of cheese. Cook for about 3-4 minutes until the bottom starts to golden. To make the cheese melty, add a spoonful of water to the skillet and cover with a lid for 1-2 minutes.

3. Top one slice with figs and optional seasoning, then cover with the other slice. Press down firmly then transfer to a plate. Slice and enjoy with a glass of wine.

14

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Cheddar Mushroom Grilled Cheese with Garlic This recipe is an earthy blend of mushrooms and garlic paired with sharp cheddar cheese.

For wine, you?ll want to mimic the creamy texture and earthy flavors by pouring a Chardonnay or white burgundy.

Coravin recommends: 20 19 Duckhorn Migration Chardonnay Sonoma Coast & 20 19 Buisson-Charles Aligote Sous le Chemin.

Ingredients: -

2 slices sourdough bread

-

1 Tbsp olive oil

-

8 thin slices of cheddar cheese

-

Salt

-

4-5 wild mushrooms, sliced thinly

-

butter, room temperature

-

2 cloves of garlic, minced

-

optional: baby arugula

How to Make It: 1. Cook the mushrooms and garlic: Heat a small skillet over medium heat . Once hot , add the olive oil. While the oil is heating up, slice the mushrooms into thin pieces. Add the mushrooms to the pan and saute for 5-6 minutes, stirring often. Add a pinch of salt and minced garlic. Continue to cook for 3-4 minutes, stirring often.

2. Heat a skillet or griddle over medium heat . Spread butter on one side of each slice of bread. Place the bread on the skillet , butter side down.

3. On top of each, add 4 thin slices of cheese (or more!). Cook for about 3-4 minutes until the bottom starts to golden. To make the cheese melty, add a spoonful of water to the skillet and cover with a lid for 1-2 minutes.

4. Top one slice with mushrooms and optional arugula, then cover with the other slice. Press down firmly then transfer to a plate. Slice and enjoy with a glass of wine.

For these recipes and more check out: coravin.com/ community/ 3-grilled-cheese-recipes-and-wine-pairings

15

Brandon Tyler GL O B A L REA L ESTAT E A DV I S O R

- Seller Representation - Buyer Representation - Condominium, Townhome, Single-Family, Multi-Unit , and Investmant Properties

9 2 0 . 5 73 .70 0 2

|

B R A N D O N @M A H L E R S I R . C O M

|

W I S C O N S I N H O M E.C O M

GL O B A L C O N N ECT I O N S

Our world isyours

Sot heby?s Int ernat ional Realty is t he only t ruly global luxury real est at e company wit h 26,50 0 advisors working in more t han 1,10 0 local offices across 83 count ries and t errit ories. Our unparalleled network works t oget her t o meet your needs and expect at ions.