December 2008    Single Family Homes Condos All New Listings 83 79 162 Currently Listed 675 950 1625 Average List Price $381,084 $257,174 $308,645 Number Sold 86 22 108 Average List Price – Sold $303,255 $222,240 $286,752 Average Sale Price $287,418 $213,445 $272,350 Average Days on Market 80 100 84   Compared to Last Month (November)    Single Family Homes Condos All New Listings 115 81 196 Currently Listed 750 1007 1757 Average List Price $377,067 $265,013 $312,845 Number Sold 51 23 74 Average List Price – Sold $313,647 $243,247 $291,766 Average Sale Price $299,211 $238,875 $280,458 Average Days on Market 75 81 77 Bob bob@bentleyrealtygroup.netwww.bentleyrealtygroup.net Information obtained from the South Central Wisconsin MLS, deemed reliable, but not guaranteed. 01/07/2009

  December 2008    Single Family Homes Condos All New Listings 79 18 97 Currently Listed 498 466 964 Average List Price $278,630 $200,933 $241,071 Number Sold 42 10 52 Average List Price – Sold $215,896 $202,720 $213,362 Average Sale Price $207,261 $196,421 $205,177 Average Days on Market 65 165 84 Compared to Last Month (November)    Single Family Homes Condos All New Listings 71 33 104 Currently Listed 566 517 1083 Average List Price $225,620 $200,999 $237,659 Number Sold 30 7 37 Average List Price – Sold $184,439 $402,285 $225,653 Average Sale Price $172,256 $364,998 $208,721 Average Days on Market 80 166 96 Bob bob@bentleyrealtygroup.netwww.bentleyrealtygroup.net Information obtained from the South Central Wisconsin MLS, deemed reliable, but not guaranteed. 01/07/2009

  Forbes.com just released their recent survey results, which list Madison as the best city to find a job.   Their findings were based on Madison's job growth and low unemployment rate of 3.5 percent in October, while the national rate was 6.5 percent.  My step-daughter who just graduated from college would disagree, but she is new to the job market.  She's been job hunting since this past summer and is finding it tough, but statistics don't lie! The article goes on to state the many things Madison has going for it, and that it does!  Not only do we have the numerous annual events that take place almost every weekend of the year, but we've got beautiful parks, wonderful live theatrical and musical performances, great schools that have earned national awards... and the list goes on.  Fo... 01/07/2009

       Week Ending  5-Jan               Inventory   2009 2008 %Change   Downtown Houses 21 26 -24%   Downtown Condos 169 189 -12%   West Houses 629 616 2%   West Condos 836 855 -2%   East Houses 465 510 -10%   East Condos 390 404 -4%   Total Houses 1115 1152 -3%   Total Condos 1395 1448 -4%   Grand Total 2510 2600 -4%           Market Indicators                   UWCU 30 Mortgage Rate 5.50% 5.88% -7%   Keller Williams Listings* 203 432 -113%   # of showings on KW Listings 61 76 -25%   3 week trend 61 66 -8%   6 week trend 95 98 -3%   % of listings with showings 30.05% 17.59% 41%   Av DOM for KW ACT Listings 235 197 16%             *KW Listings in Dane County for 09 and WI for 08   01/05/2009

For the week ending December 24th, 2008. The average listing price of homes for sale in Madison went down .3% to $246,759, while the median sales price decreased to $185,000. there are currently 1749 homes for sale in Madison.     Bob bob@bentleyrealtygroup.net www.bentleyrealtygroup.net The real estate market data provided was obtained from Trulia.com Information is deemed reliable, but not guaranteed. 01/04/2009

CHAPTER 1    She & He just had a baby, Mee.  Their 1 bedroom apartment was starting to seem really small.  Late one night She couldn't get back to sleep after feeding baby Mee - time to search the Internet to wind down.  Hmmm... recipes - boring, diets - depressing, great deal on a house - interesting!  Click -She started checking out real estate websites - so many to look at - how to know what is best.  She decided she would email 3 Realtors and use the first one that emailed her back.  Now off to bed. Good night!    In the morning She woke to find only one Realtor had responded - so She decided that would be the one.  She and He set up a time to meet with the Realtor.  Their new Realtor suggested that the first step to buying a house was to talk to a Lender and get pre-approved.  Thei... 12/31/2008

      ...doesn't everyone?   It's part of the surprise show of daily life, and becomes an adventure to share. But, with the help of my friends,  (of course) I will keep it real and even crazier at the new address below, it's the same place in a different neighborhood:                                              http://realestateisreallycrazy.blogspot.com and you are welcome anytime. Just call ahead so I can get out of my bathrobe, get into some shorts and flip-flops and put the coffee on! Let's get social- and don't mind the boxes when you get there- just pull one up and have a seat! Steven Stearns http://realestateisreallycrazy.blogspot.com http://www.linkedin.com/in/stevenstearns Anyone. Anywhere. Anything.Experienced Social Network Building/Content Creation Consultingfor Commerce, C... 12/28/2008

    Hello!I will be out of the office and out of Wisconsin on vacation from December 20, 2008 through January 1, 2009, returning to work January 2nd, 2009 in the a.m.I will be returning urgent emails and phone calls as necessary.If you need any other assistance with Obeo, like immediate help to set up your account, order a tour or need technical/email support, please call Obeo at 1-800-729-6236.Also, Obeo is having a holiday sale on Obeo services! Get your promotion info for Wisconsin at:http://obeoman.blogspot.comFor information on the Obeo Holiday Sale outside of Wisconsin, please call our toll-free number.At Obeo, we know Realtors ROCK!- and we want to keep you rolling-Follow this link to our Microsite for info and to demo our products: Homesite, StyleDesigner, SpaceDesigner and Obeo... 12/23/2008

       Week Ending  22-Dec               Inventory   2008 2007 %Change   Downtown Houses 25 26 -4%   Downtown Condos 201 189 6%   West Houses 682 648 5%   West Condos 875 907 -4%   East Houses 502 563 -12%   East Condos 429 437 -2%   Total Houses 1209 1237 -2%   Total Condos 1505 1533 -2%   Grand Total 2714 2770 -2%           Market Indicators                   UWCU 30 Mortgage Rate 5.25% 6.25% -19%   Keller Williams Listings 405 479 -18%   # of showings on KW Listings 32 87 -172%   3 week trend 43 94 -117%   6 week trend 47 109 -130%   % of listings with showings 7.90% 18.16% -130%   Av DOM for KW ACT Listings 259 187 28% 12/22/2008

http://images.kw.com/docs/0/0/8/008295/1229638343260_TOTAL_MADISON_LISTINGS.pdf 12/18/2008

 http://images.kw.com/docs/0/0/8/008295/1229637807043_2008_vs_2007___of_Listings_With_Showings.pdf 12/18/2008

I'm curious what everybody's opinion is on what the real estate market will be like in 2009.  Real Estate is very local in nature and activity can vary in different parts of the country, but give me your thoughts on your local market. Paul 12/18/2008

  Madison, WI Weekly Report Dec 15 2008            Week Ending  15-Dec               Inventory   2008 2007 %Change   Downtown Houses 27 29 -7%   Downtown Condos 201 193 4%   West Houses 703 664 6%   West Condos 883 891 -1%   East Houses 515 567 -10%   East Condos 436 434 0%   Total Houses 1245 1260 -1%   Total Condos 1520 1518 0%   Grand Total 2765 2778 0%           Market Indicators                   UWCU 30 Mortgage Rate 5.38% 6.13% -14%   Keller Williams Listings 406 491 -21%   # of showings on KW Listings 43 93 -116%   3 week trend 45 95 -109%   6 week trend 50 116 -135%   % of listings with showings 10.59% 18.94% -79%   Av DOM for KW ACT Listings 254 184 28% 12/15/2008

Interest rates are at their lowest levels in the past year and our Dane County housing inventory is very good all making this a great time to be a home buyer. We have inventory available in all price categories and home styles. Our local interest rates are at or below 5.5%.  Go to www.firstweber.com to search available listings and look at hoem photos and descriptions.  12/15/2008

Inventory   2008 2007 %Change   Downtown Houses 27 29 -7%   Downtown Condos 205 218 -6%   West Houses 720 668 7%   West Condos 865 899 -4%   East Houses 523 568 -9%   East Condos 435 436 0%   Total Houses 1270 1265 0%   Total Condos 1505 1553 -3%   Grand Total 2775 2818 -2%           Market Indicators                   UWCU 30 Mortgage Rate 5.63% 5.88% -4%   Keller Williams Listings 411 520 -27%   # of showings on KW Listings 55 102 -85%   3 week trend 49 106 -114%   6 week trend 49 119 -144%   % of listings with showings 13.38% 19.62% -47%   Av DOM for KW ACT Listings 249 182 27% 12/08/2008

November 2008   New Listings Currently Listed Ave. List Price Number Sold Ave. List Price-Sold Ave. Sale Price Average Days on Market Single Family Homes 115 750 $377,067 51 $313,647 $299,211 75 Condos 81 1007 $265,013 23 $243,247 $238,875 81 Total 196 1757 $312,845 74 $291,766 $280,458 77 Compared to Last Month (October)   New Listings All Currently Listed Ave. List Price Number Sold Ave. List Price of Sold Ave. Sale Price Ave. Days on Market Single Family Homes 165 818 $371,169 74 $329,258 $316,502 74 Condos 207 1049 $266,538 32 $239,108 $234,301 81 Total 372 1867 $312,380 106 $302,043 $291,687 76 Bob Bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Information obtained from the SCWMLS, deemed reliable but not guaranteed 12/07/2008

November 2008   New Listings Currently Listed Ave. List Price Number Sold Ave. List Price-Sold Ave. Sale Price Average Days on Market Single Family Homes 71 566 $225,620 30 $184,439 $172,256 80 Condos 33 517 $200,999 7 $402,285 $364,998 166 Total 104 1083 $237,659 37 $225,653 $208,721 96 Compared to Last Month (October)   New Listings All Currently Listed Ave. List Price Number Sold Ave. List Price of Sold Ave. Sale Price Ave. Days on Market Single Family Homes 140 583 $266,734 51 $244,726 $229,423 77 Condos 80 521 $203,588 24 $217,957 $214,463 177 Total 220 1104 $236,934 75 $236,160 $224,636 109 Bob Bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Information obtained from the SCWMLS, deemed reliable but not guaranteed. 12/07/2008

    ...but you're NOT! Take a moment. Take a break. Take stock. Take inventory. Take a look, and share a laugh!     Now, Take action and rock it! Steve steven.stearns@obeo.com 1,000,000 buyers a month go HERE! Obeo HomeSite - Website for your listing. Obeo SpaceDesigner - Interactive Floorplan. Obeo StyleDesigner-Redecorate listings on line! Obeo WI 262-325-8687 Obeo for You: 800-729-6236 12/01/2008

Inventory   2008 2007 %Change   Downtown Houses 25 29 -13%     Downtown Condos 208 221 -6%     West Houses 772 718 7%     West Condos 891 908 -2%     East Houses 533 603 -12%     East Condos 437 457 -4%     Total Houses 1329 1350 -2%     Total Condos 1537 1585 -3%     Grand Total 2866 2935 -2%               Market Indicators                       UWCU 30 Mortgage Rate 5.50% 6.13% -10%     Overall MLS closings (pre-revised*) 90 121 -26%     Last month MLS closings revised 190 241 -21%     Keller Williams Listings avg 429 647 -34%     # of showings on KW Listings 199 503 -60%     Showings per listing 0.46 0.78 -40%     Av DOM for Act KW Listings 242 179 35%     Av DOM for last mt sales 89 88 1%   *A high % of closings happen on the last day and may not be refected in the data yet 12/01/2008

       Week Ending  1-Dec               Inventory   2008 2007 %Change   Downtown Houses 25 29 -16%   Downtown Condos 206 218 -6%   West Houses 727 686 6%   West Condos 868 901 -4%   East Houses 515 576 -12%   East Condos 439 448 -2%   Total Houses 1267 1291 -2%   Total Condos 1513 1567 -4%   Grand Total 2780 2858 -3%           Market Indicators                   UWCU 30 Mortgage Rate 5.50% 6.13% -11%   Keller Williams Listings 420 518 -23%   # of showings on KW Listings 38 89 -134%   3 week trend 51 123 -140%   6 week trend 50 125 -152%   % of listings with showings 9.05% 17.18% -90%   Av DOM for KW ACT Listings 242 179 26% 12/01/2008