Madison WI Real Estate Blog

Buying Your First Home

Join us for Home Buying 101!

In this fast paced spring real estate market the process of buying your first home may seem daunting. If you feel overwhelmed at the thought of the home buying process, attend our Home Buying 101 seminar through Connect Madison for Young Professionals week! Learn valuable information and feel confident about buying your next home.

We will be answering questions like, should you get pre approved first or find your realtor first? How do closing costs work? What happens when you find a home you like? And so much more!

What: Home Buying 101
When: April 28th 5:30PM - 7:30PM
Where: Ganser Company — 1906 W Beltline Hwy
Register Here!

We can't wait to see you there!

Ths event is over, but you can find out about buying your first home here.

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This Month in Real Estate: March 2016

According to the South Central Wisconsin MLS The first quarter of 2016 has come to a close and median prices are higher than a year ago. In Dane county sales are 1.5% ahead of 2015 - which finished the year as the second best ever for home sales. For the entire SCWMLS (excluding Dane County) sales increased 4.6%. Median sales prices have also risen this year as compared to 2015. For the quarter prices are up 4.5% to $230,000 in Dane County and for the SCWMLS region up 8.1% to $129,700.

Active listings are at a 30% drop compared to last year in Dane County and down 18% for the SCWMLS Region. While inventory remains lean interest rates also continue at historic lows - still below 4%. The low interest rates may be persuading buyers to find a home now rather than later, but low inventory is proving this to be a challenge. Most homes are off the market as soon as they go on and most have several competing offers. If you're on the fence about selling now is the time to get the best price for your home

For information about current market conditions, or to discuss the right time for you to buy or sell a house, contact Josh Lavik & Associates at 608-620-4234

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Do You Know What Your Home is Worth?

Would you sell if you could get the right price for your home? Many homes on the market right now have had multiple offers, above asking price. Your home may be worth more than you think! Check out Josh's latest CW57 Real Estate News video where he shares some market insight on getting your home sold.

Still on the fence about selling? Give Josh Lavik & Associates a call 608-620-4234 or visit our website to set up your Free in home analysis.

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