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2010
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The deadline for the home buyer tax credit has passed, and buyer activity has moderated from the frenzied pace in March and April. Because demand has subsided, many of today's buyers will be able to drive better deals than buyers from a few weeks ago. If you're thinking of buying, Madison has two...
05/31/2010
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Lee Schwartz from Piping Plover Home Energy Solutions has started a new home energy efficiency blog. If you want to learn more about lowering energy costs, I encourage you to keep an eye on his blog. Lee's most recent post covers the top 6 reasons to invest in home energy efficiency. Have a great...
05/29/2010
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We've added a new entry to our list of multifamily investment terms at MadisonIncomeProperties.com. Today we cover how to measure the interest rate retun on invested equity. Cash-on-cash return measures a property's interest rate return on invested equity (ie cash). Cash-on-cash return is determi...
05/28/2010
At $172,000, this gorgeous 3 BR/2.5 BA condo in the Gardens of Swan Creek has been reduced by almost $24,000 from the original list price and the purchase price from 5 years ago. The details really shine through in this video. Upgrades include maple woodwork, hardwood floors, granite counters, st...
05/27/2010
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We continue to define important multifamily investment terms at MadisonIncomeProperties.com. Today we'll cover how to measure an investment's capitalization rate. The capitalization rate (cap rate) measures a multifamily property's unleveraged (ie all cash) interest rate return. This measure is t...
05/25/2010
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The sale price to list price ratio is a popular real estate statistic. Unfortunately it can also be very deceiving. The example below for a Madison listing shows why. This is for a home that sold for the full list price of $394,900. Working from the bottom up, you'll see this home first went on t...
05/23/2010
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Karen Rivedal has a feature article on the Dane County housing market appearing in the business section of tomorrow's Wisconsin State Journal. Here's a preview. Tomorrow's article will include coverage of the latest home and condo market trends (courtesy of DaneCountyMarket.com), as well as inter...
05/22/2010
With the Dane County Distressed Property Index at 26%, new foreclosures are entering the market every day. We have one new REO listing, a 4.8 acre horse farm, just south of Stoughton. This property comes with a great indoor arena and 7 stables. The house needs some work, but at $290,000 this prop...
05/20/2010
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UW Credit Union has published a new educational article to the buying real estate page at DaneCountyMarket.com. This article explains how private mortgage insurance (PMI) works. UWCU has contributed 5 other articles to our web site, including: Saving for a down payment Choosing a mortgage program...
05/19/2010
My wife and I own an older home that was built when home energy efficiency wasn't a high priority. We've seen our utility bills sky rocket in recent years, so we recently contacted Piping Plover Home Energy Solutions to help us improve the energy efficiency of our home. We're very glad we made th...
05/18/2010
Rainer
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Dan Miller
Helping you Buy and Sell in Madison, Wisconsin
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