High interest rates and soaring home prices are holding back Wisconsin’s housing supply and discouraging potential buyers, a University of Wisconsin-Madison real estate expert told an audience of bankers and business people at the Economic Forecast Luncheon on Wednesday at the Sheraton Madison Hotel. The annual event is hosted by news outlet WisPolitics-WisBusiness and the Wisconsin Bankers Association.
“We just don’t have product for sale,” said Mark Eppli, director of the James A. Graaskamp Center for Real Estate at the University of Wisconsin-Madison Business School, in a keynote address.