ARCHIVED BLOG POSTS
2011
Does your luxury home look luxurious online? If you can answer "yes" to this question, then you are meeting the expectations of today's high-end buyers. When buyers view luxury homes online, they expect to see eye-popping photos of gorgeous homes. Here's an example from our new Shorewood Hills li...
09/25/2011
Mortgage rates plunged yesterday. Many local lenders offered 30 year fixed rate loans for 3.875%. Fifteen year fixed rate loans dipped to 3.25%. It's a great time to contact your lender if you've been thinking of locking in or refinancing. It's also a time of opportunity for home buyers. Buyers ...
09/22/2011
This week's foreclosure is a 2 bedroom ranch home located at 306 S Owen Drive in the popular Sunset Village Neighborhood on Madison's near west side. As we posted earlier this year, Sunset Village home values have held up very well during the market downturn. As of this post this property is offe...
09/21/2011
The Dane County Distressed Property Index was 34.8% in August, down from the July reading of 36.8%, and up from the August 2010 reading of 26%. This month's reading was Dane County's tenth in a row above 30%. Here's how the distressed property index has been trending since 2006. If you are intere...
09/18/2011
Dane County housing starts increased from 49 in August of 2010 to 58 this August, an increase of 18.4%. But housing starts remain very low by historical standards. This graph shows the number of housing starts for every August dating back to 1999. Housing starts this August were the third lowest ...
09/16/2011
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Here's a quick look at August Dane County condo sales from a historical perspective. The total of 95 Dane County condo sales recorded in August was 7% lower than the 102 condo sales from August of 2010 (remember: condo sales dropped off dramatically last summer due to the expiration of the tax cr...
09/14/2011
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Here's a quick look at August Dane County home sales from a historical perspective. The 396 Dane County home sales (excluding condos) recorded in August were 29% higher than the 307 home sales in August of 2010. Remember, home sales nose-dived last summer due to the expiration of the tax credit (...
09/13/2011
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Shorewood Hills luxury home for sale! Luxury & classic architecture in SHOREWOOD HILLS. This beautiful Stone Tudor features a LUXURY DREAM KITCHEN with twin Sub Zero refrigerators and freezers, two Asco dishwashers, granite counter tops, and a chef's range and oven system. Oak floors throughout....
09/10/2011
Dane County foreclosures decreased for the 8th month out of the last 9, and the 12th month out of the last 15. A total of 124 foreclosures were filed in August, a decrease of 19% from the 153 foreclosures filed in August of 2010. The graph below shows the monthly foreclosure filings dating back t...
09/09/2011
Dane County active listings have been trending lower (good news for sellers). But months of inventory, which take into account both supply and demand, have been trending higher (sobering news for sellers). For more details, check out our months of inventory by price range update at DaneCountyMark...
09/06/2011