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Madison Home Buyer Seminars on the Calendar for March - 02/28/10 08:24 AM
UW Credit Union is offering another free home buying seminar on Tuesday, March 9th from 6:30 to 8:00 PM. For more information about this seminar, click here. The Dane County Housing Authority is sponsoring a two-part series with sessions on both Tuesday, March 9th and Tuesday, March 16th. Both sessions run from 6:00 to 9:00 PM. For course details and registration info, click here. Both seminars are good sources of information and come just in time before the expiration of the home buyer tax credit. You will find there is no sales pressure whatsoever at either event. Both seminars also provide plenty of opportunities for you to ask questions and get straight answers. Have a (0 comments)
Choosing the right mortgage program for you - 02/26/10 06:20 AM
UW Credit Union has contributed a new article to our web site. In this article UWCU lists 5 questions you should ask yourself as you consider your mortgage options. UWCU also provides a high level overview of different loan programs, including FHA-insured mortgages, VA home loans, rural housing loans, and the new WHEDA Fannie Mae Advantage program that will be available March 1st. (The new WHEDA program offers up to 100% financing for first-time home buyers). You can read the full article on the buying real estate page at DaneCountyMarket.com. Have a great Friday, Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com (1 comments)
5342 Westport Rd #5, Twin Oaks Condos, Town of Westport, 2 BR/1.75 BA - $155,000 PRICE REDUCED $14K. This roomy 2 BR/1.75 BA condo offers 1,562 square feet of living space, including a large bonus room that can serve as your office, den, or exercise room. Features include vaulted ceilings, an open floorplan and gas fireplace; a spacious kitchen with maple cabinets, dinette and breakfast bar; generous bedrooms with ample closet space; and a quiet setting with easy access to Lake Mendota and (0 comments)
30 listings expected for Madison Downtown Condo Event on February 28th - 02/22/10 06:04 AM
Interested in the Downtown Madison condo scene? Sunday, February 28th is a great time to tour the downtown area and view what's on the market. All of the condos listed below will be open for viewing this coming Sunday. Click a listing link to learn more about a condo or contact a listing agent. And check back often, as we'll be adding more listings to the event in the coming days. Hope to see you there! $188,000 - 23 S. Broom St - Capitol West - 1 BR/1 BA - Open 1 to 3 $189,900 - 808 Williamson St #202 - Livingston Condos - 1 BR/1 BA - Open 1 (0 comments)
A modest improvement, but a step in the right direction for the building industry. Thanks to Dominic Collar from MTD Marketing Services of Wisconsin for sharing his data. For more information, you can contact Dominic directly at 920/993-8435. You can also check out our full housing start report on the real estate trendspage at DaneCountyMarket.com . Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com (0 comments)
More foreclosures lurking in the shadows? - 02/16/10 11:16 PM
We recently reported Dane County foreclosures decreased in January - the first time foreclosures have fallen in 34 months. Is this the beginning of a new trend? Barry Ritholz from www.Ritholz.com does not think so. Ritholz and others predict a huge wave of new foreclosures is just around the corner. You can read more here. Dan Miller, Realtor, Keller Williams Realty and DaneCountyMarket.com
Dane County home and condo sales up 29% in January - 02/14/10 08:26 PM
Dane County home and condo sales recorded via the South Central Wisconsin MLS totaled 182 in January, up 29% from last January's 141 sales. The median home and condo price was lower by 6.4%. We are seeing very robust buyer activity right now. The extended and enhanced tax credit is certainly spurring sales - even during this cold Wisconsin winter. If you have been planning to sell but have been waiting for warmer weather, you may want to reconsider your plan. The weather may be cold but the market is heating up. You can view our full report on the January home and condo (0 comments)
Signs of a different market? - 02/12/10 06:49 AM
Recently two different people with interesting profiles have asked us to assist them with their real estate purchase. These buyers are different from each other in that one is purchasing a home and the other a condo. However they are very similar in a few different ways. Both buyers are analytical people. They have been planning to buy for the last two years but up until this point in time they didn't feel the market had fallen enough to their liking. In the meantime they have been tracking the market and researching properties on our web site. And now we are actively assisting them with their purchase. Neither person would (5 comments)
For our full foreclosure report, you can check out the economic trends page at DaneCountyMarket.com . Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com (0 comments)
Buyers are out in large numbers - 02/09/10 06:03 AM
We've noticed a large uptick in buyer activity over the last two weeks. Our real estate search tools are receiving a ton of page hits. Our listings are receiving a lot of showings. Our buyers are out in large numbers, viewing properties and making offers. The market feels much warmer than it did at the same time last year. If you're planning to buy, don't be surprised if other buyers are getting ready to write an offer on the same home as you. Make sure you have your mortgage pre-approval in order, and be prepared to act quickly. If you're planning to sell, and (0 comments)
Madison's Downtown Condo Event is Sunday, February 28th - 02/06/10 07:59 AM
If you're interested in buying a condo in Downtown Madison, mark Sunday, February 28th on your calendar. That's the day every Realtor with a Downtown Madison condo listing will be invited to participate in a coordinated open house event.
Last February we coordinated a similar event for West Side homes and condos. Last year's event featured 73 listings and was very well attended. We're expecting another great day for our Downtown Condo Event on February 28th. Stay tuned for a list of participating listings. Have a great day, Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com (0 comments)
December Dane County commercial real estate market - 02/06/10 06:02 AM
Nine commercial properties totaling almost $2.7 million were sold in Dane County in December. That's almost 3 times the sold dollar amount from the 3 previous months combined. (All numbers come from the South Central Wisconsin MLS). However, commercial sales in 2009 ended the year at just over $13 million. That's the lowest sales total of the decade.
Let's hope we see more encouraging months like the month of December in the near future. There is reason to believe so, as Dane County foreclosures decreased for the first time in 34 months in January (more on these numbers coming soon). For more (1 comments)
How the Dane County condo market changed in 2009 - 02/04/10 06:59 AM
We recently showed how the market for Dane County homes changed in 2009 by reviewing the total days on market experience statistic. Now let's take a look at condos. The graph below shows the time required to sell the average Dane County condo improved significantly in 2009. The total days on market experience decreased to 573 in 2009 from 677 in 2008.
However, the improvements in the condo market were localized to the lower price categories, as the first-time homebuyer tax credit boosted the market for more affordable condos.
It's worth noting the average required marketing time for condos in (0 comments)
Tremendous price reductions at the Northern Bay Condos - 02/02/10 07:07 AM
The Northern Bay Condos on Castle Rock Lake have a number of bank-owned units on the market, and by and large these units are priced hundreds of thousands of dollars below prices from just a few years ago. Recent re-sales at Northern Bay have gone for more than $200,000 below the original selling price. This link includes a list of bank-owned Northern Bay condos. Buyers are reacting positively to current price points, as several Northern Bay units have accepted offers right now. Have a great day, Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.