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2022 Real Estate Market Summary and What’s to Come For 2023

The early half of 2022 was fueled with extreme bidding wars and buyer competition driving prices up 9.5% statewide and 9.7% in Dane County and the Madison area.  The latter half of the year (especially the 4th quarter) had a significant slowdown due to rising interest rates and lower affordability. Even though prices were up Read More

Benefits of Direct Booking Vs Airbnb or VRBO

I have been a short term rental host for several years now, and I’ve learned a fair amount about the ever changing OTAs (Online Travel Agents), such as Airbnb, VRBO, Expedia, Booking.com, etc. These OTAs certainly have their purpose and have helped the vacation rental market explode. However, they also charge a number of hefty Read More

Owning Vs Renting

The monthly cost of buying a home has significantly increased with the rise of interest rates and housing prices. I have a lot of people asking Is it worth buying now or should I wait until rates dip or prices pull back? For those who already own a home and looking to upgrade, it’s definitely Read More

Commitment To Giving – Huge Milestone

As I write this, I’m sitting here paying property tax bills and making the final contributions to nonprofits for the year as part of  our charity program. I can’t help but think – How will all this money will be used? I’m certainly thankful for the quality of public education we have available to us Read More

Should I Have A Home Inspection?

Over the past few years we saw many buyers waive their home inspection option or have a large allowances for defects (a dollar amount of defects they’d ignore). This was due largely to the fact there was so much competition among buyers that a buyer had to make their offer more appealing to a seller Read More

Where is this crazy housing market headed?

Some national headlines would lead you to believe that we are in the middle of a real estate crash, while others are still talking about competition among home buyers – so which is it? We are in a tricky weird market right now. Some of the more cyclical markets such as California, Seattle, and parts Read More

Scenic Valley Phase 2 – Lots Available Now – Cross Plains

Scenic Valley is a new development in Cross Plains. Nestled in the western part of Dane County, the growing Village of Cross Plains offers something for everyone. This exciting new subdivision features spacious lots with beautiful country views of a wooded valley and the convenience of village utilities. You’ll enjoy a neighborhood park, bike and walking trails, Read More

How to make your offer beat a competing offer

Multiple offer scenarios are very common in the current seller’s market. Many buyers are faced with trying to beat out other buyers when offering on a home. One of our recent listings had 14 offers, and we’ve had buyers competing with as many as 36 offers on some of the popular listings within the Madison Read More

2021 Dane County Home Sales Statistics

2021 was another crazy year for real estate! We’ve seen bidding wars among buyers for the last several years, but this was the most competitive year we’ve seen. We had one buyer we wrote 13 offers for (all above asking price) before they got a house and another who got rejected at 130k over asking price! Read More

It’s Property Tax Time

Your property tax bill should be showing up within the next month and with this we often receive many questions and comments about property taxes. The most common thing I hear is people complaining about how much their taxes went up and asking how to get them reduced. Unfortunately for 2021, it’s a little late Read More

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