real estate: Mt. Horeb October Market News - 11/19/08 11:21 PM
As my idol in St. Paul likes to say, the following statistics are from our Southwestern Wisconsin MLS and are deemed reliable but not guaranteed.
If you'd like to receive these monthly stats for your community or neighborhood, shoot me an email and I'll put you on my list!
Mt. Horeb
8 homes sold Average sale price of $262,780 (about 96% of list)
4 of those 8 were $300,000+
Additional 6 homes have accepted offers or offers pending
Verona
8 homes sold
Average  sale price of $307,087 (about 97% of list)
6 homes about $300,000 or more
Additional 9 homes with … (0 comments)

real estate: Is Mt. Horeb Recession Proof? - 11/19/08 11:19 PM
In case you missed the article in last week's Mt. Horeb Mail, you can click here to read!  Realtors speak out about local housing market.
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real estate: Showing your house 101 - 09/10/08 01:34 AM
I was hoping that HGTV had disspelled the myth that the smell of freshly baked cookies or the right scented candle was the key to a successful showing or open house.  Unfortunately, there are still some people stuck in that mode.  There are really only TWO things within a sellers control for a  positive open house: 
1)  You must overly clean your house.  I don't mean just vacuum and dust.  I mean degrime your faucets, clean the tile grout, the burner pans on your oven, the handles on your frigerator door--clean it all.  It is a must in today's competitive market! 
2)  Declutter.  Some … (0 comments)

real estate: More on Gas Price Impact on Madison Area Suburban Sales - 08/13/08 12:00 AM
The Wisconsin State Journal published an article yesterday (Tuesday, August 12) about the impact gas prices have had on Suburban Home prices.  I still stand by my original post.
Here's the link: http://www.madison.com/wsj/home/local/300210
Make sure to read the feedback forum that follows the article.  There are also some cool links in an inset box to check out--especially the chart that has commuting costs vs. lower home prices!!
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real estate: Gas Prices Effecting Suburb Sales? - 08/06/08 12:11 AM
A couple weeks back, the Capital Times published an article called "Bust Times for the 'Burbs" about how gas prices were causing people to buy closer to metropolitan areas to avoid commute times.My first inclination was to completely agree that this may be true, especially when I look at the great little communities of Blue Mounds and Barneveld, communities that have great value in home prices but are seeing a very slow market.I also was tending to agree because I am one of those workers that has the fortunate opportunity to work from home to avoid the cost of gas and … (1 comments)

real estate: First Time Homebuyers MUST Read - 08/05/08 12:17 PM
Have you heard about the newly enacted legislation crediting first time home buyers $7500 on their taxes??
Read more about it here! http://www.federalhousingtaxcredit.com/
There are some income limits ($95,000 for individuals, $170,000 for couples), but in general there doesn't seem like a lot of hoops to jump through.?
Not sure what a "tax credit" is?? Check out #11 on the Frequently Asked Questions of that website.
I'd take it!!
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real estate: Open Houses in Vista Ridge Today - 08/03/08 12:51 AM
Always trying to increase traffic at open houses, a few Realtors and I decided to band together and hold open houses at the same time on the same Sunday.  Today there are five open houses in Vista Ridge subdivision in Mt. Horeb  at the following addresses (MLS numbers are listed for you to search for more information at karathomashomes.com).
1004 Vista Ridge (MLS# 1522805): Open 12-2  4 bed, 3 bath, 2745 sf ranch w/ open floor plan and expansive walkout lower level.  VPR $264,900-$274,900 1009 Vista Ridge (MLS#1522437): Open 12-3   3 bed, 1 3/4 bath, 1636 sf tri-level with vaulted ceilings, … (0 comments)

real estate: Mt. Horeb Neighborhood Statistics - 05/27/08 07:26 AM
Few Mt. Horeb Neighborhoods and Median Sale Prices
All statistics from Southwestern Wisconsin MLS.  Deemed reliable but not guaranteed.
Valley View Heights: $304,000 Hickory Hills:  $314,900 (only one home sold) Sutter Prairie Ridge:  $282,500 (all but one were brand new homes) North Cape Commons:  $295,000 (all brand new) Vista Ridge:  $222,000 (all about 10 yrs old and 2100 sf and under) Kara View Heights:  $215,000 (20-30 yr old homes) Nordic Hills:  $278,900 Trotter Glen:  $250,476 Brookstone Ridge:  $247,700 There are many neighborhoods in Mt. Horeb.  These are just some of the "subdivisions" in town.  If you'd like to know something more … (0 comments)

real estate: I've said it before, and I'll say it again: Real Estate is Local - 05/19/08 11:58 PM
Real estate is local.  While statistics on entire states, counties or even nearby cities is interesting, and sometimes shocking, if its not a statistic for your town, its probably not going to help you make any hard real estate decisions.  The average sale price of Sun Prairie has nothing to do with the average sale price in Mazomanie, so using Dane County statistics to price either is not a good strategy.
I would even argue that real estate is hyper-local: Certain neighborhoods in certain towns are "hot"--they have higher sale prices and lower days on market than other neighborhoods in the … (0 comments)

real estate: Mt. Horeb Area Market Update - 04/16/08 03:24 AM
The 1st quarter in real estate has ended and the stats are in, and everybody loves the stats. The following statistics are from the South Central Wisconsin MLS and, to quote my favorite blogger, they are deemed reliable but are not guaranteed. The problem with market snapshots like these is that there are a number of ways to look at the market.  This particular view is by school district.  In some respects, I'm comparing apples to oranges because I know some of these homes are in the city and some in the country.  But then I could factor in all sorts … (0 comments)

real estate: What's happening in the Mt. Horeb Real Estate Market? - 03/13/08 02:03 PM
 
Mt. Horeb is a small community about 25 minutes West of Madison, WI.  Over the past few years, there has been a lot of development--a lot of new construction, new subdivisions, new businesses--but the core of the city remains historic and quaint.
Currently Mt. Horeb School District (including Blue Mounds and the smaller feeding townships)  has about 118 listings with 11 properties closed in Jan and Feb. 2008.  There are currenlty 11 additional properties that have accepted offers. 
Mt. Horeb was reassessed in 2006 with 2007 assessment values indicating over 100% of fair market value.
If you are interested in moving to the … (0 comments)

real estate: Pack it Up!! - 03/05/08 02:13 AM
I showed a house the other day that literally made me gasp.  There was so many collectibles in this house that my buyer didn't even notice the layout of the home for sure.  She was too busy looking at pictures, counting the number of hats, looking at all the figurines. 
Sellers, I apologize for my bluntness here, but your listing agent should have told you!  If you want to sell your house, you need to pack it up--your belongings, that is.  If your house is on the market you were planning to move anyway so just start packing a little early.  Anything … (0 comments)

 
Kara Thomas (Keller Williams Realty)

Kara Thomas

Mount Horeb, WI

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Keller Williams Realty

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