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How does an appraisal affect a home purchase?

First, let me explain the difference between an appraisal and an assessment, because that confuses a lot of people. The assessment is a valuation the city puts on your property for purposes of taxing your property. This value is often inaccurate and has nothing to do with your sale or purchase. An appraisal is an Read More

Spring Market – Buyers Are Competing Again, How Can You Win?

It’s that time again… the spring real estate market has begun (back in February). I had a hunch it was going to be a very active spring, but I thought it would be a little calmer than last year. I was wrong. Buyer’s started coming out of the woodwork in February, even among the -30 Read More

2018 Middleton Home Price and Sales Stats

Home sales in Middleton were up slightly over 2017 with 286 sales. This outperformed the rest of Wisconsin with a 2.5% increase, while sales statewide were down slightly. The average sale price in Middleton was up 6.4% in 2018 vs 2017, and the median price was up 1%. Middleton continues to be one of the most Read More

2018 Verona Home Price and Sales Stats

Home sales in Verona have continued to be stronger than the rest of Wisconsin thru 2018. The number of sales were down just 3.1%, while statewide sales were down 8.4%.  The reduction in sales is primarily due to lack inventory rather than lack of buyers. There is new construction available, but there’s a definite shortage of more Read More

2018 Home Sales Statistics – Dane County and the Madison Area.

2018 was another great year to own real estate! Here’s a first look at the 2018 numbers. Zillow reports that nationwide property values were up 7.7%. According to the Wisconsin Realtors Association (WRA), as of January 1 median prices in Wisconsin were up 7.0% and Dane county prices were 5.8% over 2017. The number of Read More

What are iBuyers? Are they really the future of Real Estate?

iBuyers have been making headlines all over the nation recently. An iBuyer is a real estate investment company that will make an immediate offer on your home. They make offers in days, hours, or even minutes, without looking at your house based on automated valuation tools. There are several big players that have gotten into Read More

3D Floor Plans – Another Tool In Real Estate Marketing

Technology has evolved drastically over the last several years for all forms of business and marketing. New tech tools are always becoming available and more affordable. In the past, I have posted about about 3D scanned homes, aerial drone photography, virtual staging, and geo-targeting  Now we are adding another tool to our marketing arsenal, 3D floor plans. Read More

Listing Discount – September Thru Christmas

It’s hard to believe Summer is coming to an end and Fall is almost here. Before you know it the holiday season will arrive.  We have already achieved our best sales year ever in real estate, but this is the time of year when home sales tend to taper off. Kids are back in school Read More

Dane County Housing Inventory Update

Back in March, I wrote about what makes a Buyer’s Market vs a Seller’s Market and the current housing inventory at that time. It appears the market has calmed significantly since that time and that prompted me to check the stats on current inventory. Inventory is calculated as the number of homes available on the market divided Read More

Should I sell my home FSBO (For Sale By Owner)?

In a solid Seller’s market, some may sellers think, “Every property is selling, I should just save the commissions and sell on my own. How hard can it be?” The truth is, your home will probably sell eventually if you do it yourself, but your outcome will probably be better if you have an agent Read More

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