real estate: PRICE REDUCED! Move In Ready, 3 bed, 2 bath home - 10/02/09 04:30 AM
MOVE IN READY: 3 bed, 2 bath ranch home - Madison, WILocation: Madison, WIPRICE REDUCED!! Priced below assessed value, this well maintained 3 bedroom, 2 bathroom ranch home is move in ready. This home boasts a newly remodeled kitchen with new cabinets, flooring, appliances and countertop. Other updates can be found in the master bathroom, a new patio door, new carpet, new windows, newer water heater, and upgraded electrical. The oversized deck overlooks the large fenced in back yard. The 2 car garage is oversized, and there is a shed for additional storage. Huge basement with high ceilings has already been … (0 comments)

real estate: Reduce Your Carbon Footprint - 3 bedroom home in Madison, WI near the zoo! - 02/14/09 11:06 AM
Reduce Your Carbon Footprint - 3 bedroom home near the zoo!Location: Madison, WIReduce your Carbon Footprint! This well-maintained 3 bedroom ranch home is within walking distance to the Arboretum, the zoo, UW campus, the Capital and multiple bus stops. This home has tons of character with original hardwood floors, multiple built-ins, original wood trim, a large open kitchen, fireplace, attached garage and a large yard. Modern updates include new tile floor, updated bathroom and finished LL rec room. No TLC needed, just move in and relaxInformationContact InformationMindy Allen608-692-0220Contact Reply FormForward to a FriendView Other FlyersPricingPrice: $239,900.00Flexibility: NegotiableOpen House: 3/8/2009Property Location1113 N … (1 comments)

real estate: Market Statistics for Dane County and Madison, Wisconsin - Average Days on Market - 08/22/08 08:23 AM
The question posed, is this market increasing the days on market for single family detached homes in the area?  Here is what the statistics are showing:
Average Days on Market for East Madison:
2006: 53 (1,147 homes sold)
2007: 61 (1,113 homes sold)
2008 (YTD): 77 (633 homes sold)
 
Average Days on Market for West Madison:
2006: 60 (1,682 homes sold)
2007: 70 (1,561 total homes sold)
2008 (YTD): 67 (935 homes sold)
 
Average Days on Market for Dane County (excluding Madison)
2006:  57 (2,238 homes sold)
2007:  68 (2,186 homes sold)
2008 (YTD):  90 (1,193 homes sold)
 
So, … (3 comments)

real estate: NAR reports that pending home sales have INCREASED!! - 08/07/08 09:45 AM
Apparently the the housing news isn't as bad as we all thought. Again this news comes with a disclaimer that all real estate is LOCAL!!
The National Association of Realtors reports that the Pending Home Sales Index, a forward-looking indicator based on contracts signed in June, rose 5.3 percent to from May, although its still lower then June of 2007.
Getting back to all real estate being local, each region showed different results for the PHSI. In the South, it jumped 9.3 percent to 92.4 in June but is 16.6 percent below June 2007. In the West, the index rose 4.6 percent … (2 comments)

real estate: Winning the War, but losing the battle - Buyers and Lowball offers - 08/07/08 09:34 AM
With all the negative press, I have many buyers who feel that we have not yet "hit the bottom" of the housing market and feel homes are still overpriced.  They are writing 15%+ under list price on homes that are already priced very competively for our market.  Even if I show them comparables for the area, they still feel that there are some major deals to be had.  Now, I'm not saying there aren't, because there still area, however, it would great if there was a way to give them a wake-up call.
While there is a 1 in 100 chance that … (4 comments)

real estate: Another Approach to Value Range Pricing - Seller Rate Buydown - 08/07/08 09:21 AM
 With the current market we are in, getting creative in marketing to help our seller's get their homes sold is a must.  I was given this idea by a local lender on how to help your seller net more, and get the buyer into a home.  In addition, I feel it would work great for a home that is to be value range priced. The idea is Seller buydown where the seller can "buydown" the interest rate for the buyers.
This tool is designed for a competitively priced home that is not receiving a proper amount of inquiries. The seller agrees … (1 comments)

real estate: Phase 1 - 26% sold out at the Polynesian Resort! - 07/20/08 11:42 AM
With the Wisconsin Dells quickly becoming a more popular vacation destination, its no suprise that 26% of Phase 1 (100 units) of our condohotel project at the Polynesian Resort is sold out! With visitors coming in from Wisconsin, Illinois, Iowa, Michigan, Minnesota and beyond, this resort can accompany all size groups and price ranges! There is no other resort that can compete with the ammenities that the Polynesian has to offer, at the affordable price that the condos as selling at. With $20 million in remodeling, once all is finished there will be: 1) a 10,000 sq ftee convention center 2) … (0 comments)

real estate: FREE VA Home Buyer Seminar - 06/19/08 07:01 AM

 
With the government stepping up to the financing crisis, the next step is to get the public educated on what types of loans are available.  Many veterans don't even know that they qualify for VA loans, or that they can qualify for a VA loan when they're purchasing a 2nd primary home (ie they sold their first and are buying again).  IF you are a Veteran and thinking of buying, I would encourage you to attend this seminar to get all your questions answered.  There will also be a Realtor (myself), an insurance agent who is familiar with discounts … (0 comments)

real estate: CondoHotel at the Polynesian Resort in Wisconsin Dells - Start at $125,000!! - 06/18/08 03:24 AM
Condo Hotel Unit at The Polynesian ResortLocation: Polynesian ResortThe opportunity to own a 2nd home in the Wisconsin Dells is now a possibility! With completely remodeled basic units starting at $125,000 to $160,000 for a hot tub suite to $325,000 for a 3 bedroom suite, there is a choice for everyone! Come enjoy the over 36,000 feet of indoor waterpark (with an additional 20,000 sq ft to be built that will include a wave pool, more slides and attractions) and over 4 acres of outdoor waterpark. In addition, with the complete remodel of the Polynesian, a new 10,000 sq foot convention … (0 comments)

real estate: Polynesian Resort SOLD OUT despite flooding in Wisconsin Dells! - 06/17/08 09:56 AM
I am happy to report that our condohotel project is still going strong at the Polynesian Resort in the Wisconsin Dells.
With the news of massive flooding and the draining of Lake Delton spreading like wildfire, the Dells remains busy.  Less then 10% of all businesses were affected by the weather, and most of those have accomodated to the new conditions.
Here at the Polynesian Resort, we SOLD OUT last weekend! The roads are open, come visit the Dells!
Think you're ready to own your own condohotel here at the Polynesian? Ask for information on how you can own a newly … (0 comments)

real estate: Man Arrested in Real Estate Agent's Death in Jefferson County, Wisconsin - 03/20/08 11:07 AM
I hope this tragedy will encourage all of us Realtors to think more about our personal Safety.  
 JEFFERSON, Wis. -- A man who was being questioned in connection with the killing of a real estate agent, has been arrested, according to Jefferson County sheriff's officials.
Lee said that Ann Nelson, 71, of the Town of Christiana, met the man at the rural house in the Town of Oakland. Nelson was apparently showing the house on Poplar Avenue on Tuesday night.The vacant home was up for sale by her realty firm. Nelson was a broker assistant for Re/Max Community Realty, based in Lake Mills. … (6 comments)

real estate: Mortgage Bail-out - Will it Work?? - 03/06/08 07:37 AM
Will it Work?
 
The New York Times reports that however much they might oppose it on ideological grounds, the Bush administration and the Federal Reserve are inching closer toward a government rescue of distressed homeowners and mortgage lenders.
The Plan:
- A push for the two government-sponsored mortgage companies, Fannie Mae and Freddie Mac, to raise more capital so they could buy more mortgages.
- President Bush signed an economic stimulus bill that greatly increased the size of loans the F.H.A. can insure, while allowing Fannie Mae and Freddie Mac to purchase significantly larger mortgages from lenders and guarantee them against default by homeowners. … (4 comments)

real estate: Hiestand Neighborhood Market Stats for February 2008, Madison, Wisconsin - 03/05/08 03:57 AM
Wisconsin Home Sales Dip in 2007 But Prices StableState's housing news much better than nation 
Madison - Wisconsin housing sales decreased but prices increased in 2007, leaving Wisconsin's real estate market in much better shape than many parts of the Midwest and the nation, according to the year-end analysis of existing home sales conducted by the Wisconsin REALTORS® Association (WRA).Wisconsin home sales declined in 2007 by 10.8 percent relative to 2006, but median prices actually rose 0.2 percent over the period to $164,000, according to the REALTORS®' report.  Here in Dane County, the median price actually rose 2.9% to an average of … (3 comments)

real estate: Lake View Hills Neighborhood Market Statistics February 2008 - Madison, Wisconsin - 03/05/08 03:38 AM
Wisconsin Home Sales Dip in 2007 But Prices StableState's housing news much better than nation 
Madison - Wisconsin housing sales decreased but prices increased in 2007, leaving Wisconsin's real estate market in much better shape than many parts of the Midwest and the nation, according to the year-end analysis of existing home sales conducted by the Wisconsin REALTORS® Association (WRA).Wisconsin home sales declined in 2007 by 10.8 percent relative to 2006, but median prices actually rose 0.2 percent over the period to $164,000, according to the REALTORS®' report.  Here in Dane County, the median price actually rose 2.9% to an average of … (0 comments)

real estate: The Crusade of Procuring Cause - What do you really do? - 02/14/08 04:47 AM
 
Procuring cause is always an interesting issue, especially when it comes to uneducated buyers who are unfamiliar with the process, and how going to open houses could affect which agent they may end up working with.  Here is the Madison, Wisconsin area, we have a broker who is a crusade against listing agents. He states:
 
"Buyers, though, are screwed over by Procuring Cause, PC, all the time. Here's how it works: They go out looking at homes,willy nilly, not having any idea that they are creating bligations to any licensees. (The Secret Contract.) They find a house. Then, they begin researching their … (3 comments)

real estate: Dress Codes For The Office - Some Interesting Responses - 01/31/08 02:29 AM
Our office was recently looking at cemeting our dress code policy.  There is already a policy in place, but about half the agents don't follow it. The questions we had were:
With the current guidelines in place, how do we update the agents regarding the guidelines?Do we want to better define what the policy states.We asked for guidance from other offices in the area and across the country (not just Keller Williams Offices) and these are some of the responses. Some are quite...interesting...to say the least.  Names and offices have been removed for privacy:
Here are some of the suggestions....what do you think?
 
NUMBER … (6 comments)

real estate: Carpenter-Ridgeway Neighborhood Market Statistics 2007, Madison, Wisconsin - 01/09/08 03:30 AM
Existing-Home Sales Expected in Early 2008, then Gradual Rise
Over the next few months, existing-home sales are expected to hold fairly steady as indicated by pending sales activity, then rise later in the year and continue to improve in 2009, according to the latest forecast by the National Association of Realtors®.
Lawrence Yun, NAR chief economist, said there is a pull and tug exerting itself on the market.  "On the one hand, we have a pent-up demand from the four million jobs added to our economy over the past two years of sales decline," he said.  "On the other, consumers continue to wait … (3 comments)

real estate: Hiestand Neighborhood Market Stats for 2006 to 2007, Madison, Wisconsin - 01/09/08 02:52 AM
Existing-Home Sales Expected in Early 2008, then Gradual Rise
Over the next few months, existing-home sales are expected to hold fairly steady as indicated by pending sales activity, then rise later in the year and continue to improve in 2009, according to the latest forecast by the National Association of Realtors®.
Lawrence Yun, NAR chief economist, said there is a pull and tug exerting itself on the market.  "On the one hand, we have a pent-up demand from the four million jobs added to our economy over the past two years of sales decline," he said.  "On the other, consumers continue to wait … (0 comments)

real estate: Hawk's Landing Market Statistics 2007, Madison, Wisconsin - 01/09/08 02:21 AM
Existing-Home Sales Expected in Early 2008, then Gradual Rise
Over the next few months, existing-home sales are expected to hold fairly steady as indicated by pending sales activity, then rise later in the year and continue to improve in 2009, according to the latest forecast by the National Association of Realtors®.
Lawrence Yun, NAR chief economist, said there is a pull and tug exerting itself on the market.  "On the one hand, we have a pent-up demand from the four million jobs added to our economy over the past two years of sales decline," he said.  "On the other, consumers continue to wait … (2 comments)

real estate: Lot 30 Memorial Circle, Windsor, Wisconsin - 10/02/07 07:59 AM
Lot 30 Memorial Circle - Wolf Hollow SubdivisionLocation: Wolf HollowBuild your new home in the prestigious Wolf Hollow Neighborhood. Choose from one of Town & Country Builders' floor plans or bring your own floor plan! Willing to consider sale of lot without builder requirement. Exposed lower level possible. Located on a quiet street and only minutes to the Interstate and Madison. Let Town & Country Builders help you design your dream home today!InformationContact InformationMindyAllenContact Reply FormForward to a FriendView Other FlyersPricingAsking Price: $82,000Flexibility: NegotiableProperty LocationLot 30 Memorial CircleWindsor, WI 53598View MapFeaturesAcreage: .28Zoning: ResSewerage: YesWater: YesSubdivision: Wolf HollowSchool District: De ForestAgent Name: … (0 comments)

 

Mindy Allen

Broker, ABR

Sun Prairie, WI

More about me…

Keller Williams Realty

Address: 2601 Crossroads Drive, Suite 130, Madison, WI, 53718

Office: (608) 226-0200

Mobile: (608) 692-0220

A way to get great information about local communities, market statistics and what is happening in real estate and your community. A great medium for Q&A as well.


Links

Archives

RSS 2.0 Feed for this blog