Are You Being A Mugwump In Middleton Wisconsin? It's A Great Time to Buy A House!

By
Real Estate Agent with The Stark Company Realtors, Madison WI 53123-94

 

Are You Being A Mugwump In Middleton Wisconsin?

Mugwump graphic image createdby Barbara Chatterton Middleton Realtor

 

 

 

 

 

 

 

 

 

 

Answers.com provides this definition: "Sitting on the fence" is "mugwump" - someone who sits uselessly "on the fence" of indecision, with their "mug" on one side and their "wump" on the other side. 

Do you find yourself in need of a new home? Are you sitting on the fence in Middleton Wisconsin? Here is why it is a  good time to buy a house:

  •  Loan rates have been slowly rising lately. We may have hit the bottom and are on our way back up.

On November 12, 2010, a 30-year Fixed rate was 4.375% 

On November 17, 2010, 30-year Fixed  rate was 4.625% 

What if it goes to 5.125% in the near future? I do not have a crystal ball, but is that not a logical possibility? Let's just say that you take out a loan for $225,000. That would then be a mortgage of $1,225,10 which comes out to $101.71 per month more than if you had locked in at the rate on November 12.

  • Sellers are very motivated.
  • There is lots of inventory. 

 MIDDLETON
LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$3,950,000 $174,000 $579,622 $439,900 $83,465,683 144
$0 $0 $0 $0 $0
1524 3 162 112  

37 homes between $199,000 and 299,900;  22  from $300,000 to $399,900;  26 from $400,000 to $499,900

If you are looking to purchase a house in Middleton or the Greater Madison area, choose someone who lives in  and loves the area. Call or text me and we can chat about your real estate dreams and goals.  Finding the right house requires the right agent!  Let me introduce you to your next home.

 

 

 

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Turn Your Dreams Into Reality. Let's Chat. ©

 Barbara Chatterton's signature   

Greater Madison Wisconsin Real Estate

The Stark Company 

702 N High Point Rd, Suite 100

Madison Wisconsin 53717

Call or text 608.239.2777 

 

 

 

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Rainmaker
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John Cunningham
eXp Realty - Phoenix, AZ
Helping Phoenix Sellers and Buyers find each other

Barbara- I am glad to be the first to say that I learned a new word today; it will be impossible to forget since we have that great visual!

Nov 22, 2010 12:29 AM #1
Rainer
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Barbara Chatterton
The Stark Company Realtors, Madison WI - Madison, WI
Greater Madison Wisconsin Area Realtor

Thanks, John!  It is not your grandmother's graphic is it?  : )

Nov 22, 2010 12:51 AM #2
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Rainer
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Barbara Chatterton

Greater Madison Wisconsin Area Realtor
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