In the past few months we've been sharing some of the key trends impacting supply and demand for Dane County real estate. Here's a quick recap:
On the demand side
We see plenty of strength in the years ahead for two key reasons:
- The millennial generation, America's largest, is aging into its prime years for homeownership.
- Dane County is the fastest growing region in the state, and we expect many more people will continue to move here for reputation, quality of life, economic, and climate-related reasons.
On the supply side
We see two big trends at play that will continue to limit inventory and support higher prices:
- Foreclosures are occurring near historically low levels, and we expect distressed sales to remain low for the