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2017 Dane County Home Sales Statistics

2017 was a great year to own real estate! Here’s a first look at the 2017 numbers. Zillow reports that nationwide property values were up 6.7%. According to the Wisconsin Realtors Association (WRA) as of January 1, median prices in Wisconsin were up 5.8% and Dane county prices were 7.3% over 2016. The number of Read More

2017 Middleton Summer Home Sales Statistics

Home sales in Middleton have continued to be good through the summer and were right on pace (2 more) with last summer. The number of sales in Dane county is actually down compared to last year, so Middleton is exceeding the averages in the area. I would guess, like Verona this is primarily due to a higher Read More

Madison Area Housing Appreciation

It’s been a seller’s market which means that the inventory of homes available is low in comparison to the number of homes that have sold.  In many cases when a good home at an appropriate price comes on the market, buyers are competing for that home. This is putting upward pressure on prices, and as Read More

Madison Area Underwater Homes

Last week Zillow released a new map showing the amount of negative equity across the country. Negative equity (also known as underwater or upside down) is when a person owes more on their mortgage than the value of the property. Luckily values in the Madison area didn’t fall near as much as many parts of Read More

Dane County Property Taxes

Property taxes are a big factor when purchasing a home. Your property taxes could be 35% or more of your mortgage payment. Even if you’re retired, debt free, and paying cash for a home, property taxes could be a significant chunk of your annual income. We have heard comments from some buyers and sellers such Read More

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