For those not familiar with Madison, you may or may not know about "moving day". This famous day falls on August 14th and 15 of every year. And if you can imagine, most of the downtown and campus area is a complete mess for a few days. For anyone who lives in downtown Madison or close to downtown, you'll easily recognize the madness with moving trucks everywhere, junk on the curbs, and lot's of busy people hauling boxes. For whatever reason, the rental community has chosen for most of the leases around campus to end on August 14th and the new ones to begin on August 15th. If any improvements or cleaning needs to be done by the landlords, there is often little time to do so during this transition. A few years ago, I even helped a friend do some work at his income property on Johnson Street.
Have you ever lived in a large apartment building? Can you imagine what would happen if everyone in the building moved in and out on the same day of the year? Yep, probably a lot of stuff on the curb, like the one in this photo. I know change is hard, but maybe the landlords would benefit by spreading this mess out a little more. Besides, school doesn't start until August 23rd.
Today the Wisconsin Realtors Association came out with the latest statistics for number of home sales and median price for areas around Wisconsin. For Dane County (Madison and nearby communities), there were 2199 homes sales (including condos). This is a 28.4% increase from the second quarter of 2009, which was 1712. Clearly the market has improved. This large increase was likely due to two factors, the improving economic conditions in Dane County and the government stimulus of the tax credit. Median home prices have remained stable with only a modest decline of 0.7% to $200,000.
If you're interested in seeing more localized market trends of your neighborhood, contact me!
Last weekend, Jenna (my wife) and I officially moved into our new home downtown. It felt great to finally be in there. In the spring we put our house on the market and were a little uncertain of it selling. As I've written in the past, this was my opportunity to take my own advice and do the things necessary to sell the property. We did just that and had an accepted offer within 6 weeks. In the meantime, we had not yet picked out a new house and decided to sublet an apartment for the summer. That meant moving twice, yet also gave us time to find what we wanted without feeling rushed.
Last Saturday was the big moving day. We were lucky enough to have awesome friends and family come to help us. If you're considering buying or selling a home, then try to gather up your best friends and family for some good ol' fashioned fun! To say the least, we were very grateful for the help of Marc, Lanette, Peanut, Mike, Kathy, Wendy, and Eric. The day would have been so much more difficult without the generosity of these amazing souls. We started out painting and then continued moving everything into the house.
Some of the key helpers (besides these wonderful people) were our storage POD, trailer, and notebook. When moving we considered putting most of our stuff into a storage unit and decided upon using PODS (portable on demand storage). The POD was a little more expensive than other local storage units, but it was much more convenient than loading and unloading multiple times. Another saving grace was having a trailer to transport things back and forth from our apartment. We did have a few offers from friends to use a pickup truck, but using the trailer was more manageable with my car. The final critical helper was a notebook that we could use to make our checklists of things we needed (to do, to buy, to look for, etc). Using David Allen's philosophy helped us to truly get things done.
The end result of the weekend - we have a fresh coat of paint in the living...