Summertime Market Update

Do you remember the age old expression “Buy Land, They Aren’t Making More of It”? This advice rings very true in Dane County. We have a highly desirable city built on an isthmus with well established small towns in drivable distance. If you are looking for a safe and secure investment ………..real estate in Dane County could be exactly the perfect match!

What has the market been like for buyers this spring? Interest rates at 6-7%, very few homes for sale and any home in good condition in a desirable location has continued to have multiple offers. Buyers need to be highly motivated, focused, determined, financially capable and they need to work with a realtor who is knowledgeable and strategic.

What has the market been like for sellers this spring? Excellent! In order for sellers to “eat their cake too”, they need to not only have a house in a desirable location, but the more updates they have made over the past few years, the better. Sellers need to clean out, declutter and deep clean in order to present the best product for ultimate success.

What does the future hold? The Madison real estate market has historically stayed very stable despite national recessions and slow downs. Therefore, owning a property in Dane County continues to be a smart way of holding an appreciating asset for your family!