January 2021

Found 11 blog entries for January 2021.

Are you looking for a home in an established neighborhood, but can’t seem to find any options? We rounded up a selection of established neighborhoods that consistently have a good amount of inventory available. From communities with historic bungalows to houses in growing neighborhoods with a wide variety of inventory, these neighborhoods have options for many types of buyers. Check out the neighborhood profiles for each community to see all the latest listings.

Photo of Grandview Commons neighborhood

Are you searching for your perfect home? Contact one of our experienced agents for a consultation. We would love to help guide you through the process of buying your dream home!

Birchwood Point - Located on the far west side of Madison, Birchwood Point is near shops and dining in Madison

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It may seem hard to believe, but there are some real dangers for sellers to be aware of in this year’s real estate market. If you’re planning to sell your home this year, these 3 tips will help you avoid the pitfalls that some Madison area sellers are experiencing in 2021. 

Madison WI Home Selling Advice

Our 3 big tips for Madison area home sellers in 2021

#1: Don't get caught up in the hype. 

These days it’s so easy for sellers to read the news headlines and social media hype and be lulled into overconfidence. Perhaps you’ve come across a few of these sellers. These are the folks whose listings are sitting on the market, with no real prospect of selling, because they’ve underestimated all that is required for a successful sale.

#2: Remember to focus on the

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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

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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 adding a ton of value to our clients. 

We're grateful to have someone of Jake's caliber join our

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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

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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. 

Madison WI Condo Accepted Offers Dec 2020 

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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

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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,

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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. 

Madison WI Single Family Home Accepted Offers Dec 2020

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. 

Madison WI Expired Single Family Listings Dec 2020 

Days on

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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

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