By: Andrew Ritchie / Business Insider The state of real estate in Wisconsin has changed dramatically over the past few years, as property values have skyrocketed.
A study by The Associated Press (AP) shows that the average price of a home in the state dropped 7.4% between 2013 and 2017.
It’s also one of the fastest-growing states in the nation.
While Wisconsin is a very diverse state, it’s home to some of the most expensive real estate markets in the country.
It has been home to a few high-profile real estate busts, such as the collapse of one of its largest apartment complexes, the Roanapool Apartments, which was sold in 2014 for $3.5 billion.
Now, a group of realtors are launching a new real estate search app, a brand new startup called Roanpurm.
Realtors who sign up to use RoanpacuM say they’ve seen an influx of prospective home buyers.
They also say the real estate market in the area has improved dramatically over this period.
The Roanapoors, who are located in Roanapa, a small Wisconsin town that has a population of just over 1,000, have launched the app to help prospective buyers of all income levels navigate the real-estate market.
They’re calling it Roanpaut.
The app was launched in late July, and the founders are hoping it will attract users from all walks of life.
The app uses a variety of tools to help users identify homes that may be in need of a major overhaul.
The team behind the app have even included a checklist that lets prospective homebuyers check the status of their property.
RoanPacuM’s founders say they plan to expand the app into other markets in Wisconsin, but don’t expect to launch the app in every market.
“This is an important first step for us, but it’s only a first step,” said Ryan Koehn, who founded the Roanspacu company.
“We’re building it for people who are looking for the best property deals and know exactly what to look for in an apartment, and who are not familiar with the state of the market.”
For RoanPACuM, a property search is about more than just finding the best deal.
It also helps prospective home owners identify what’s in their best interest, Koehan said.
The startup aims to help them navigate the complex real-world process of buying and selling homes, as well as find a new home for their family.
Realtors say RoanPurm will help the state’s real-time real-ty market better serve the state and its residents.
“RoanPurs is the first tool in the toolbox for homeowners who want to do a real estate transaction quickly,” said David Ritter, vice president of real-life products at the National Association of Realtors.
“This is something that we need in our toolbox and we need to be prepared for this as a business.
I think we’ve got to be able to compete in this space.”
Real-estate searches are a popular form of search in the market, which is a growing segment of the economy.
The AP reports that in Wisconsin the average home sale price jumped 8.1% from 2013 to 2017, and real-tor numbers show the state is now home to one of America’s fastest-rising property markets.
Real-estate search apps are often considered niche products, but Koehner said the Roapurpurs app is the largest of its kind.
“The real estate industry in Wisconsin is in a different place than it was in the 1990s,” he said.
“Real estate is an emerging market in our state.
It was growing at a pace that we could see it slowing down.”