We have a tendency to assume that the real estate market will act as it always has according to predictable patterns and cycles. But, we're in a new era for real estate. And what we're learning right now is that some of the old rules no longer apply. Here are 3 examples.
Old rule #1:
Prices go through regular boom and bust cycles based on having either too little or too much supply.
- New rule #1: Many systemic factors are at play which will limit supply indefinitely and keep prices high.
Old rule #2:
The springtime and the summertime tend to be the best times to buy a home in Dane County.
- New rule #2: In a perpetually low supply market like ours, buying a home is now a year-round endeavor. Your best opportunity could present