If you do a Google search to learn more about the housing market, these are some of the headlines and articles that you will find:
Once you get past the headline you might see details similar to what was posted on CNN.com:
"Regionally, prices fell more from a year ago in the West (down 5.6%) and Northeast (down 4.5%), where housing is more expensive. But prices were still climbing from last year in the South (up 2.7%) and the Midwest (up 5%)."
It is important to look past the headlines and talk to local experts. Prices are not declining in Dane County. Our latest market update shows that prices rose again in the month of May, and by all measures.
The low supply of homes on the market continues to keep prices strong in our area. If you are curious about what your home is worth or if you want more information about our local market, please reach out to our team to get a conversation started. We're here to help!
This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & RE/MAX Preferred
1619 Monroe Street #1, Madison, WI, 53711
