Mad City Dream Homes Real Estate Blog, Madison WI

In one way or another, we each live in a bubble. And as we encounter new experiences, that bubble may widen so we are able to see beyond our own viewpoint. Like many others in my mostly white sphere, we were seeing the world through rose-colored glasses...until 2020. 

"The death of George Floyd woke more people up who weren't tuned into the atrocities that the black community has been enduring for centuries," said Vanessa McDowell, CEO of YWCA Madison. "We at YWCA Madison are glad people are starting to wake up and learn about racial injustice and want to do something about it, but quite frankly, it is about time."

Vanessa is a Madison native and the first Black woman to lead the 111-year-old nonprofit, which addresses challenging issues such as

127 Views, 0 Comments

Jake Johnson Realtor Madison WIWe're excited to announce that Jake Johnson has joined our team as a full-time and full-service realtor! Jake brings with him 15 years of experience in customer service and people-focused industries, while serving 10 of those years in leadership roles. 

Jake is a former client of our team, so he knows all about our focus on community, relationships, and real estate. He has a strong work ethic, a knack for building positive relationships, and a sincere appreciation for mastering the fundamentals of our business -- as he applies them in ways that are authentic to his personality and his strengths. And Jake has certainly hit the ground running. He's already serving and adding a ton of value to our clients. 

We're grateful to have someone like Jake join

47 Views, 0 Comments

15 ways to write a winning offerIf you're buying in 2021, your offer to purchase will likely be up against offers from other motivated buyers. Below are 26 ways you can make your offer stand out from the competition and be the one that gets accepted. Of course the strategies you use will depend a lot on the type and condition of the property, your level of motivation, and how much competition you have from other parties. 

26 Ways to Write a Winning Offer

#1: Submit your mortgage pre-approval from a reputable, local lender. A pre-approval from an out-of-town or big box lender can create doubt in the mind of a seller. For example, we've seen sellers disregard offers from buyers who are pre-approved by an internet lender. Give your seller every reason to believe your pre-approval is

7,638 Views, 0 Comments

The Madison area condo market was very active in December, as condo closings and accepted offers increased big-time to close out the year. Here's our latest market update along with our commentary on what to expect in the year ahead. 

Madison area condo sales

Despite low inventory, Dane County condo sales grew to the second-highest total on record for the month of December. Sales increased 29% year-over-year and 14% during the calendar year.  

Madison WI Condo Sales Dec 2020

Accepted offers

Local condo buyers were very active last month and almost set a new record for the month of December. Accepted offers increased 28% from the prior December and 14% during all of 2020. We expect strong sales totals in January based on the number of contracts signed in December. 

 

83 Views, 0 Comments

After years of in-person and hands-on staging with Debbie Lea of Showcase Home Stagers, our team quickly adjusted to doing business virtually because of the pandemic in order to prioritize everyone’s safety. 

Because of Debbie’s incredible eye for design -- even through video chats and emailed photographs -- and close collaboration with our nimble agents and marketing staff, our sellers continue to reap the benefits of home staging services (free of charge as part of our complete marketing plan). 

In a previous post we shared what sellers can expect during a virtual staging consultation with Debbie. As a follow up to that blog, Debbie and agents Ann Raschein, Maureen Moran, and Shelley Lazzareschi reflect on the importance of making a great first

177 Views, 0 Comments

A great perk of living the condo lifestyle is that you can swap outdoor chores like snow removal and yard work for getting outside for fun. There are many great conservancies and parks with endless opportunities to hike in the Madison area, and some condo communities are lucky enough to have them right outside their door. For some buyers, having easy access to beautiful outdoor spaces is a must-have item on their wish list. Below is a roundup of some of our favorite condo communities that happen to be a short walk to a conservancy or hiking spot.

Do you need help finding a condo that best suits your lifestyle? Contact one of our experienced agents.

Harbor Village - Explore the oak savanna and wetland prairies at Pheasant Branch Conservancy,

106 Views, 0 Comments

December was another strong month for the Dane County single family home market. Here's our quick overview of the latest single family home trends and a sneak peek at what lies ahead in 2021. 

Madison area home sales

Dane County home sales set a new record for December, increasing by 17% from December of 2019. Home sales set a new annual record in 2020 and grew by 7% from the year before. 

 Madison WI Single Family Home Sales Dec 2020

Accepted offers

Accepted offers decreased 4% year-over-year, but buyer activity was still strong compared to most other Decembers over the last 20 years. 

Expired Listings

Expired listings reached a new low for the month of December. Low inventories and strong buyer demand have created a market with very few expired listings. 

 

Days on

198 Views, 0 Comments

Now that we're on the other side of the holidays, we're seeing new listings enter the market at a much faster pace. And the pace will accelerate as we get closer and closer to Spring. As more and more new properties hit the market, we'll see more and more new buyers competing for these properties, too. 

Buying a Home in Madison WI in 2021

Buying your dream home in 2021

This year's real estate market will be very competitive. So, if you're serious about buying your dream home this year, please reach out to your favorite Mad City Dream Homes realtor for a short consultation. We'll discuss your goals for buying your dream home, your financing plans, and how we can work together to make your dream home happen in 2021. 

Last year we helped more people achieve their home ownership

248 Views, 0 Comments

The world is a crazy place under the best of circumstances. And this past year has taken crazy and put it on steroids. Life can be fast-paced, stressful, unpredictable, and leave you feeling out of control. So how do we deal with this? How can we control stress in our lives? How do we cope with a pandemic? Our children have lots of questions. We have lots of questions. Sometimes there are no good answers. And eventually this can leave us quite stressed, which in turn can lead to sleepless nights, poor dietary habits, and even depression. 

So what is a person to do? How can we tackle these problems? Or at least how do we learn to cope with them? Here are a few things I’ve learned during my time as a certified health coach that can help improve your

223 Views, 0 Comments

The new year is upon us, which means it's time for our 2021 real estate predictions. Below we've identified 7 key real estate trends for the coming year, many of which have been shaped by the tumultuous events of 2020. For a look back at last year's predictions, check out this article from our blog. 

2021 Dane County Real Estate Predictions

Our 2021 Madison real estate predictions

#1: Mortgage rates will remain historically low for the whole year. 

The Federal Reserve has indicated it's committed to doing what it can to keep mortgage rates low for the foreseeable future. If this holds true, this means rates for a 30-year mortgage should be around 3 percent for all of 2021. 

#2: Home and condo sales will be at or above the levels from 2020. 

Low mortgage rates will fuel a

400 Views, 0 Comments

Sign up for email updates