Buying Tips

Buying a Home in Madison & South Central Wisconsin: Real Estate Buying Tips

Found 227 blog entries about Buying Tips.

What does the new year hold in store for Madison, Wisconsin real estate? Based on our review of objective market data, we expect the 2014 Madison real estate market to be another good year for local home and condo sellers. Read on for more info:

2014 Madison Real Estate Predictions

  1. Madison home and condo sales will continue at strong levels, but will decrease from the levels of 2013. The 2013 real estate market was a perfect storm for local sellers. Low prices, rock bottom mortgage rates, and several years of pent up demand combined to create a huge influx of buyers in 2013. These market forces are still at play in 2014, but not to the extent of the previous year. Our pending home sales data suggests strong but moderating sales in the months
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Are you in the market for a home or condo in the Madison, Wisconsin area? Our radius search tool makes it easy for you to customize your real estate search according to the area that you define on our MLS map.

Our radius search works along with the many other search settings that we make available - property type, price range, number of bedrooms, number of bathrooms, and size to name a few - so you can target your ideal property within the map location that you specify. What's more, you can save your radius search settings and receive email notifications new listings enter the MLS and when existing listings undergo a price reduction.

Give our map search a try now. Or sign up for our home finder, and we'll find your properties and set up your

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We've been working to create a website that provides you with the very best view of the Madison real estate market at the local and neighborhood level. We've added many improvements to MadCityDreamHomes.com over the last few weeks, including many enhancements to our detailed property views. Our newest feature is the addition of neighborhood market information, which includes a summary of recent sales, active listings, and active listings with accepted offers. 

Take a look at the example below which shows a neighborhood market summary for a home in the Hill Farms neighborhood on Madison's near west side.

  • The blue home icons represent current listings in the area with an accepted offer (this status is assigned by the listing brokerage within the
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One of our team goals for 2013 has been to create a second real estate website that you will value for years to come. Our first website, DaneCountyMarket.com, is recognized as a great local resource for no-spin information on the Madison area home and condo markets. Our focus for MadCityDreamHomes.com has been to create a Madison real estate resource with the best available view of the properties for sale at the local and neighborhood levels. We have more work to do, but we're well on our way toward achieving our goal. Here's a quick update on our plans for building you a better website for Madison Wisconsin real estate.  

5 Steps to a Better Real Estate Website

  1. Create Madison property guides that provide an in-depth view of homes and condos at
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Are you the type of person that prefers vintage, old-school homes? Then you'll be very interested to learn about our new historic home listing at 2809 Columbia Rd in Shorewood Hills, Wisconsin. This authentic, prairie style home was built in 1916 and is listed on the National Register of Historic Places. The photo to the right shows this home in an early promotional brochure for Shorewood Hills real estate (see photo center left). This home offers a combination of features that is unique in Shorewood Hills. The house resides on a double lot with mature trees and gardens and features a separate cottage in the back yard. The cottage can be used for a variety of different purposes - as a studio, as a guest house or mother-in-law suite, or as rental income.

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The pendulum has swung for Madison real estate. It's a seller's market this year. Many Madison listings are receiving multiple competing offers. Homes and condos are selling quickly. And they're selling for higher prices.

So what's a buyer to do? Below are ten tips to help you land your dream home in 2013.

Ten Home Buyer Tips

  1. Don't rely on open houses as your method for finding a home. Buyers this year are learning many new Madison listings are selling within days of going on the market, even before the first open house!
  2. Don't limit your search to distressed properties. The inventory of bank owned-properties and short sales is shrinking, and many other buyers and investors are already combing over these listings.
  3. Don't assume the condo
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We posted earlier this year how Downtown Madison condo prices were set to rise in 2013. As we make our way into the Spring buying season, we are in fact seeing prices rise in many areas of Madison, and especially downtown. The inventory of condos for sale in Downtown Madison is much lower than in previous years, and sales are up significantly. Consider these numbers for the first 3 months of 2013 which come from our review of data from the South Central Wisconsin MLS:

Dane County condo sales were up by a whopping 59% from the first 3 months of 2012, but even more startling downtown sales were up by 89%.  That's right, during the January through March time period, downtown condo sales totaled 34 purchases versus 18 the year before. We expect this pace

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Thinking of building a new home in Madison, Wisconsin? You're not alone. Housing starts in the Madison area are up by more than 75% through the first two months of 2013. And we see the trend toward more home-building continuing throughout the year.

Here are a few reasons why:

  1. The inventory of existing homes is at its lowest point since 2005.
  2. Foreclosures continue to decline rapidly, which well help to keep inventories of existing homes low.
  3. Demand is high. Madison homes are selling at their fastest pace in the last 6 years.
  4. There is a large, pent-up demand for real estate, which suggests we'll continue to see robust sales in the year ahead. Contrast this to the last several years when home sales were at depressed levels and consumers
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We have two Verona homes for sale with our newest listing at 913 Maple Road in the popular Cross Country Heights neighborhood. Just down the road from the Epic Systems campus, this 3 bedroom/ 2 bath tri-level home is value priced at $230,000.

It features a sunlit living room, kitchen with breakfast bar, a dining area that exits to the rear deck and fenced in back yard, a family room with wood-burning fireplace, plenty of storage, and an attached 2 car garage. Don't miss out on this opportunity to own this great Verona home at a fantastic value. Take a short video tour of this wonderful home, and contact us for your own personal property tour.

Contact us for a tour of 913 Maple Raod and for all of your home buying and home selling needs in Verona,

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Homes in the Village of Shorewood Hills are among the most highly valued in all of Dane County. Why is Shorewood Hills real estate held in such high regard? It begins with the properties themselves. Original. Historic. Diverse. Picturesque. All of these terms apply to the wide assortment of houses in Shorewood Hills.

For most buyers the attraction to Shorewood Hills is about much more than real estate. It's also about the natural setting that the Village offers. Perched up against the Lake Mendota shoreline, the Village of Shorewood Hills offers an amazing variety of natural spaces and inspiring views. If you like hiking, biking, swimming, boating, fishing - or simply a quiet walk and a lakefront sunset - Shorewood Hills offers plenty of shoreline,

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