Last year we predicted 2018 would be a clear seller's market in Madison and Dane County. This year we're predicting 2019 to be a more balanced market, characterized by rising inventory and moderate price growth. You can get all of the details by viewing our 10 predictions for the 2019 market below.
Our 2019 Madison Real Estate Predictions
#1: Foreclosures will rise.
Foreclosures have been quietly rising in 2018, and we expect more of the same in 2019. This means more distressed properties will become available for sale in the coming year, but not enough to appreciably impact inventory in the Madison area.
#2: New home and condo construction will plateau.
Madison area housing starts have been flat in 2018, and this trend will continue…