October 2019

Found 8 blog entries for October 2019.

Jennifer and Jordan Hegerfeld worked with Maureen Moran as they were getting ready to buy their first home. The couple found themselves with an accepted offer on their ideal condo, but there were hitches with securing the mortgage. Read on for the story of how Maureen’s persistence helped these first-time homeowners successfully purchase their new home.

Ready to become homeowners

Jennifer and Jordan began searching for their first home in March of 2019. They were ready to have a place of their own with more space, in a great school district for their child. At first, they considered single family homes, but most of the properties in their price range were fixer uppers and not in move-in condition. They found themselves looking for condos, which

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For many, pets are family. Their companionship brings us joy and laughter; and losing them can cause immense heartache -- especially if a cancer diagnosis is involved. Cancer causes almost half of deaths in pets over the age of 10, according to the American Veterinary Medical Association. Since several types of cancer commonly found in pets are also found in humans, treatment options are often similar but also expensive. 

Local resident Beth Viney learned this the hard way when her Great Pyrenees, Czar, passed away in 2013 after 19 months with osteosarcoma (bone cancer) and a leg amputation. This gentle giant had been a therapy dog for five years with the Pet Pals program, bringing smiles and hope to those fighting cancer and illness in our

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Imagine you and your buyer agent have been looking for the right home for the past few months, and now you know you've found the right one. You're excited by the possibilities of owning your next home, but you realize you need guidance on how to structure and negotiate your offer to purchase. Here are five great questions to consider before you and your agent draft your offer. 

5 questions for offer to purchase

5 questions to ask before writing your offer 

1) What is important to the seller?

Having your buyer agent ask the listing agent this simple, open-ended question can reveal so much about the seller's priorities. And usually, you will learn there are factors very important to the seller that have nothing to do with price. For example, the seller may prefer a specific

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As we near the season of Thanksgiving we'd like to express our gratitude for a few people who are amazing at what they do. If you've been a client of our team, you no doubt have worked with a few of these folks as part of your purchase or you sale. All of these people have played a huge role in our clients enjoying a successful year of buying and selling in 2019. 

with gratitude from mad city dream homes

Our marketing team

Thank you to our marketing team - Joe Molloy, Samantha Haas, and Tracy Kapela - who continually experiment with new and creative projects that benefit our clients and our team. You are a huge reason why our clients love their listings and why we love our jobs. Thank you also to Laura Kocum and Sara Ifert for the excellent writing projects you contribute to our team.

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Here's our latest summary of the Dane County real estate market. For more information on the market in your particular neighborhood or condo association, please reach out to your favorite Mad City Dream Homes agent. 

Accepted offers 

Mortgage rates dropped in August and Madison area home buyers responded. September of 2019 was the third most active month of September on record. A total of 438 Dane County single family home listings received accepted offers, which was up 9% year-over-year.  

Madison Area Single Family Accepted Offers Sept 2019

Condo accepted offers decreased, but still came in at the 6th highest level on record for the month of September. Inventory is especially tight in the Madison area condo market, and is limiting buyer activity in 2019. We cover condo supply a little later

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Does your home offer a truly special setting? Then use an aerial photo from a drone camera to sell your property's unique location. Below are some nice examples of aerial photography produced by VRX Media. These photos feature a few of our recent listings. 

Right now we have only a short window of time until the leaves are off the trees and the snow starts flying. It's the perfect time to capture some colorful aerial photos in preparation for your upcoming real estate listing. 

Lake Monona setting

This photo shows our recent Morrison Street listing near Lake Monona, Willy Street, and Downtown Madison. 

Lake Monona Aerial Photo

Lots by Cherokee Golf Course

This aerial photo shows 4 buildable lots surrounded by the Yahara River, Cherokee Marsh, and Cherokee

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We've summarized our latest snapshot of the Madison area single family home and condo markets below. For more thoughts on the opportunities available to buyers and sellers this fall, check out this recent blog post. 

August home and condo prices

Dane County home prices are at an all-time high and have risen 2 percent through the month of August. 

Dane County WI Home Prices Aug 2019

Dane County condo prices are also at an all-time high and are 3 percent higher through the month of August. 

Madison Area Condo Prices August 2019 

August accepted offers

Dane County home buyers were active in the month of August. Accepted offers rose by 3% for the month and were lower by 4% year-to-date. 

 Madison Area Single Family Accepted Offers Aug 2019

Accepted offers in the condo market were lower by 11% in August and by 9% year-to-date. A lack of affordable

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Did you know that mental illness is more common than physical illnesses such as cancer, diabetes, or heart disease? Yet we don’t often discuss anxiety, depression, and personality disorders, for example, because of the stigma attached to them. Unfortunately, this can prevent people from getting the help they need to lead a successful life -- whether that’s seeking support from friends and family or getting access to a therapist or medication. 

The National Alliance on Mental Illness (NAMI) Dane County is committed to eliminating that stigma. For over 40 years, this nonprofit has provided essential education, support, and advocacy to people affected by mental illness. 

“I think it’s important for people to know we’re out there and available as a free

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