December 2019

Found 6 blog entries for December 2019.

The spring real estate market will be heating up soon. Are you thinking of making 2020 the year you buy or sell a home? There are things you can do now that will help you stay competitive in what’s expected to be another busy real estate market this spring. Read on for tips from our team for ways you can prepare, and then contact us for a consultation. We can help you achieve your buying or selling goals.

Woman writing in a notebook

Looking to sell?

  1. If you’re thinking about selling your home, be proactive. You’ll set yourself up for a better home-selling experience if you begin planning and preparing right now. Many people feel stressed when they have to rush through the process, and planning ahead can make the whole experience much easier. Reach out to schedule a
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What are the keys to a successful negotiation? Here are our tried and true philosophies for negotiating a great price and great terms on the sale of your home. 

Offer Negotiation - Mad City Dream Homes 

Our six negotiation tips for sellers

1) Create a beautiful real estate listing. 

One of our first goals early on in the listing process is to create a solid partnership between you, our stager, our photographers, and our creative team. Working together, we create a beautiful real estate listing with eye-popping photos and plenty of marketing materials which highlight the benefits of your home. Beautiful listings receive more online interest, more showings, and more offers - all of which give you more leverage when it's time to negotiate. 

2) Ensure your listing receives full

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What started as a visit to Dane County’s newest gem, Morton Forest near Mazomanie, turned into a “bucket list” of parks for one Madison couple. 

(Michael and Jeanne Mraz stopped at Ferry Bluff State Natural Area after their Dane County Parks adventure, and they continue to explore the beautiful parts of our county and state.)

Jeanne and Michael Mraz have always enjoyed outdoor activities, especially mountain biking at CamRock County Park in Cambridge, hiking at Indian Lake County Park near Cross Plains, and cross-country skiing.

But the lack of snow in recent years meant they had to get creative finding fun, healthy things to do together in the winter. 

So when they saw a newspaper article about Morton Forest, they decided to explore its

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November was another solid month for the Dane County real estate market, with single family home prices and accepted offers reaching a new high. Here's our short review of the latest real estate trends impacting buyers and sellers in the Madison area. 

Accepted offers

A total of 377 single family home listings received accepted offers in November, which was a new high for the month. A high number of accepted offers in November means home sales will be solid in December and January. 

 Madison WI Accepted Offers November 2019

Ninety-eight condos received accepted offers in November, which was the 6th highest total over the last 20 years. 

Madison WI Condo Accepted Offers Nov 2019 

Sold listings

In November, 473 single family home listings sold to new owners. This was the second-highest total on record for the

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The month of December has arrived, which means it's time for our annual real estate predictions. Below we've identified 8 key market trends for the coming year. For a look back at our 2019 predictions, check out this article which we published at the end of last year.

2020 Dane County Real Estate Predictions 

Our 2020 Madison real estate predictions

#1: Mortgage rates will remain well below 5 percent.

We're not economists and we're not experts in the mortgage market, but we do know 2020 is an election year. Because of this we expect mortgage rates will remain near historically low levels throughout all of 2020. 

#2: Inventory will remain low.

Dane County's growing population needs housing, but the pipeline of new listings and new construction homes isn't sufficient to meet the

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The mission of Habitat for Humanity of Dane County is to help more people get into homes so they can have a more stable family life and help stabilize the community. Through volunteer labor and donations of money and materials, Habitat builds and rehabilitates simple, decent houses for people in need throughout Dane County. Habitat ReStores, which sell used and new donations of furniture, doors, wood, cabinets, electrical, appliances, building supplies, lights, and fans, have kept over 7,870 tons of building materials out of landfills, and their proceeds have helped build nearly a quarter of Habitat homes in Dane County.

COVID-19 Updates

  • (4/2/2020): Habitat defers homeowner mortgages amid Safer at Home initiative. Read more here.
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