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← Older postsAugust Sales Data – Verona & Dane County
We are almost through another summer, and the kids are back in school. This is the time of year when real estate listings (and sales) generally slow down. The stats are showing reduced sales compared to the prior year as we expect. Few people want to move when their current interest rate is half the Read More
April – July Sales – Verona
Can you believe we’re through July and into August already? We’ve made through another peak real estate season. We continue to see more demand than supply, homes selling quickly, and multiple offer scenarios on many properties. However, there are certainly signs of calming from the prior rapid increase in home prices. Also, slowly increasing inventory and Read More
Coming Soon Listings
Is the lack of inventory in south central Wisconsin getting you down? We have 4 great listings coming in the next few weeks, one of them should fit your needs. They range from $359,900 to $639,900 in Oregon, Verona, Madison (west), and Evansville. Here’s a list of what’s to come: 569 Chads Crossing Verona, WI: Read More
March Sales – Verona
Here’s the March 2023 home sales and latest stats for the Verona Area School District. If you are looking for some specific real estate data in your community feel free to reach out. As always we are happy to help determine what your home would sell for or how to make your next move work. Read More
How to Save Thousands By Eliminating PMI
Private Mortgage Insurance (PMI) is something most mortgage loan programs require unless the borrower has more than 20% equity in a property, and it can cost home owners thousands of dollars per year. PMI insures the lender against default by the borrower, and it generally costs 1/2 – 1% of the loan amount per year. Read More
February Sales – Verona
Last month I did year end stats summarizing communities within Dane County, and I’ve had a few requests to show more specific stats and home sales data for each communities around the greater Madison area. Since 35%+ of our sales are in Verona, and that’s where we live and work, I figured I’d start there. Read More
Prices and rates are higher, why are we seeing bidding wars again?
Last month I wrote about the winter slowdown and year end statistics. I wrote things would keep moving quickly, but buyers might have some easier opportunities. Unfortunately for buyers, that didn’t last too long with the market heating up faster than I expected with the pre-Spring market. Our last couple of listings saw multiple offers Read More
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