If you are in the market to buy a home, you have seen first hand how Madison and surrounding communities are experiences an inventory shortage. The market right now is in favor of sellers (also known as a sellers market), this is because their are more buyers than their are sellers. Actually, their are tons of buyers compared to homes on the market. With our experience we anticipate that we are going to stay in a sellers market throughout the remainder of 2016 and into 2017. Mortgage rates remain low and the rent prices on average across the nation continue to climb making buying a home more affordable than renting. Lots of renters see the advantage of buying a home, but do want the responsibility and maintenance of maintaining a single family home. This has brought the condo market back to life and we are now seeing a surge in the condo market as well.
What does this mean for you?
Buyers - You need to take advantage of our Home Scouting App. Why? Because it is more accurate and up to date than any other real estate software available. Don't worry about falling in love with a home that is sold or not on the market, our technology experts at Home Scouting have taken the homes that offers or that are no longer on the market off the app! This will save you time and energy! To download the app go to 'Home Scouting' in App store, register as a new user and use access code 'badgers'.
Buyers need to be ready! Homes that are coming on the market are getting multiple offers within the same day of being listed. You need to be pre-approved, have your ducks in a row, and be ready to jump as soon as you see something. The days of low-balling on a home are far, few, and in between.
Sellers you also need to be ready! From the moment we list your home, be ready to show, and be prepared to move. In our initial appointment we will go over your free, no obligation market analysis in detail, tour your home, and create listing plan. Homes Prices in Dane County are up 5-7 percent. If you are interested in knowing what your home is valued at please contact us