March 2020

Found 12 blog entries for March 2020.

These are challenging times, and our hearts go out to everyone who has been affected by the coronavirus pandemic. To all of our past clients, please know we're here for you. We'll be checking in with you to see how you're doing, and we encourage you to reach out to us whenever you need someone to talk to. We'd love to hear from you. 

We also want you to know we're working very hard right now to assist all of our clients who need to sell their home, as we incorporate social distancing into the home-selling process. Here are a few examples from the last week that show how we're working creatively and getting our listings under contract in our new era of social distancing.  

Mad City Dream Homes Real Estate Team 

Seller success stories during coronavirus/COVID-19

Our sellers on the

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family going for a bike ride togetherSocial distancing has brought the entire family back under one roof 24/7, which can be a challenge. How do you keep your kids from getting too stir crazy?

Structure is important, and setting a rough daily schedule can be a good guide for the whole family. Include time for quiet play or relaxing, learning, and getting physical activity. Make sure to include something fun each day. Just remember, in-person play dates or time at the local playground are not permitted right now in order to slow the spread of the virus.

If your kids are anxious about COVID-19, or are fearful or confused, read this article from a UW-Madison expert on how to talk to your kids about COVID-19.

Make it educational

Just because school is out of session doesn’t mean kids

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Mad City Dream Homes Real Estate PhotographyIn early 2019 our real estate team made one of the smartest decisions we've ever made: We hired Tracy Kapela as a photographer and visual media specialist for our team. Then we set her loose and let her go to work. Her work over the last year has exceeded all of our expectations. Among her many contributions, she's taken our marketing materials for our home-sellers to the next level, in a way that makes our sellers feel proud of their listing. 

In early 2020, Tracy has upped her game by re-designing our listing photo process. First, by helping us select and invest in the latest, state-of-the-art equipment. And then by implementing a whole new photography and photo editing system. The results have been amazing. Here are just a few examples of Tracy's

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5 ideas for self care during COVID-19Daily routines have been disrupted all over Dane County due to COVID-19, and it is making many people feel restless and stressed. Below are some tips for self-care during this challenging time.

Note: For the latest local information about COVID-19, visit the Public Health of Madison and Dane County website or the CDC’s website.

Stay connected

Social distancing means you’re likely not able to be in contact with many of the people you are used to spending time with. You may not be able to see loved ones at all. Calling friends and family on the phone is a nice way to stay connected while you need to physically stay apart. Make a point to reach out to elderly family members or those who may be living alone. Online platforms like Facetime and Skype

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Real estate practices are evolving quickly as we all adjust to a world with coronavirus/COVID-19. One new practice that is coming soon is the digital closing. In a digital closing, the parties to a transaction sign their paperwork via e-signature from the comfort and safety of home. To learn more about how a digital closing works for buyers and sellers, please check out this article from the Homestead Title real estate blog. Thank you Peter Zarov for being a leader in the real estate field and for helping to spread the word about this important development.

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As we navigate the changes in our own lives brought on by the coronavirus outbreak, many people also feel compelled to help the greater Madison community. But how? 

While still maintaining social distancing and following precautionary measures regarding COVID-19 by the Centers for Disease Control and Prevention (CDC), World Health Organization (WHO), and the Public Health Madison & Dane County, there are several ways to get involved.

If you have the means to give, please consider making a donation to a local cause you support. There are nearly 3,000 nonprofits to choose from in Dane County, and several directly provide food, housing, and transportation options for our community’s most vulnerable. 

The United of Way of Dane County, in partnership

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We're all adjusting to new ways of living, and for our clients and team, new ways of buying and selling real estate. During this period of social distancing, here are a few of the measures that we're evaluating and implementing in order to protect the health of our clients, staff, and the larger community. We understand we'll need to continually evolve our practices as we adjust to the events around us. 

How we're practicing real estate and social distancing

Working remotely and meeting virtually

Our agents and staff are now working from home and using conference calls and Zoom to conduct our team meetings. We're also carrying out buyer and seller consultations with conference calls and Zoom. 

Using technology to conduct staging consultations

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We understand these are anxious times for many people, so we'll be doing our best to keep you updated on how the Madison area real estate market is evolving over time. Below we provide a brief look at what we see happening right now, as well as what we expect to happen in the future. 

Madison Real Estate, Stock Market, Coronavirus

What is our experience with the market right now? 

Right now we're actively assisting many people who are motivated to buy. We're also listing new properties and our listings are receiving strong traffic. We have noticed some relocating buyers are canceling their plans to fly into Madison and tour properties. We're also beginning to see changes in the way real estate is practiced (more on this below). Up to this point, this has been a pretty typical March for our

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moving forward teamWhen a senior needs to move, there are additional considerations beyond just the physical act of moving. That’s where a senior move manager can come into play. Moving Forward helps seniors and their families plan, coordinate, and organize every detail of their move for a smooth and easy transition.

Marianne Gariti, owner of Moving Forward, and her team of senior move managers take the time to learn about their clients and find creative ways to help them maintain their cherished memories while downsizing. Since starting the company in 2014, Marianne and her team have facilitated over 800 moves for seniors.

Working with Moving Forward can help buyers shorten the time until they can take possession of their new home. They can help sellers get their

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We've all seen stories in the media and social media about how hot the real estate market is in Madison. But when is the market the hottest, and when are bidding wars most common? Here's a quick look at the numbers which offer some good insight into our local market. 

Bidding wars are most common in March, April, May and June. 

Take a look at these numbers from 2019, which show the percent of listings that had competing offers for each month of the year. These numbers are consistent with our own experience: The spring months are the busiest months of the year, and these are the months when multiple offers and bidding wars are most common.

 Madison WI Competing Offers by Month 2019

Bidding wars are also very common for properties priced under $300,000. 

Competing offers are also

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