October 2019

Found 7 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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The mission of Czar’s Promise, a volunteer-run nonprofit, is to provide funding for companion animal cancer research at the UW School of Veterinary Medicine and pediatric cancer research at American Family Children’s Hospital, as well as to provide emotional, educational, and financial support for families whose companion animals have been diagnosed with cancer.

COVID-19 Updates

  • (3/16/2020): Czar’s Promise made the decision to reschedule its spring Inspiring Hope Dog Walk fundraising event to the fall, so please consider marking your calendars for 10 a.m. to 2 p.m. Saturday, October 3, 2020, at Winnequah Park, Monona. In the meantime, donations can be made here.
  • (3/10/2020): Czar’s Promise is in need of items used for Woof Packs, customized
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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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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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The mission of NAMI Dane County is to provide education, support, and advocacy for people affected by mental illness in Dane County with a vision of ensuring a stigma-free community where all people affected by mental illness find the help, hope, and support they need.

COVID-19 Updates

  • (4/2/2020): A free 24/7 helpline sponsored by Safe Communities MDC is available for Dane County residents thinking about using alcohol and/or other substances or struggling with substance use issues during the coronavirus epidemic. Call (608) 228-1278
  • (4/2/2020): How to protect your mental health during the coronavirus outbreak. Learn more here. 
  • (3/23/2020): If you need crisis support, text NAMI to 741741. Find more resources for people affected by mental
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