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Chase for the Record – Again!

 December 15, 2017      webadmin

Fueled by a record number of sales in November, could 2017 set another all-time mark for sales of single family homes and condominiums in Dane County? Sales for the month totaled 540, well beyond the previous highs of 496 in 2015 and 492 in 2009. Year-to-date, 2017 has surpassed 2016, the current record holder for […]

It is Not Too Late to Influence Congress on Tax Reform

 December 5, 2017      webadmin

Thanks to our members’ engagement, REALTORS® have helped positively influence tax reform in some key areas.  For example, both the House and Senate have agreed to maintain deductibility of state and local property taxes up to $10,000, and to maintain Section 1031 tax-deferred exchanges in their present form for real estate investments. BUT OUR WORK […]

Fourth Quarter Starts with a Bang!

 November 15, 2017      webadmin

Dane County single family home sales, including condominiums, were up 8.6% for the month of October compared to 2016. With such a strong showing, year-to-date sales trail last year’s record breaking pace by only 1.3%. October 2017 Monthly Statistics

Reform our Tax Code AND Protect Middle Class Homeowners

 October 20, 2017      webadmin

As a REALTOR® you have no doubt heard about tax reform plans from Washington, DC. Now Congress is threatening tax incentives for homeowners, like the mortgage interest deduction and the state and local property tax deduction. These incentives are critical for a strong housing market that creates jobs and builds stable communities. Take action to tell Congress […]

South Central Wisconsin Market Report (September 2017)

 October 16, 2017      webadmin

September sales of single family and condominium homes continued a strong year throughout the South Central Wisconsin MLS market region. All areas reported increased sales over last year with the exception of Rock County (down just 6 sales) and Dane County (down 4.7%). All areas had increases in median sale prices for the month. September […]

End of Summer Marked by Strong Sales

 September 19, 2017      webadmin

Home sales in Dane County finished the summer of 2017 very strong – matching the number of sales reported last August during that record-setting year. This follows a strong month of July and narrows the year-to-date sales gap between 2017 and 2016 to just 2.7%. The entire SCWMLS reported sales up 1.5% for the month, […]

Strong Buyer Demand Continues

 August 23, 2017      webadmin

Strong buyer demand for single family homes and condominiums continued in July despite rising prices, higher interest rates and limited inventory from which to choose. In Dane County, the 880 reported transactions were 5 less than one year ago – which, as a reminder, was a record-setting year for sales. Year-to-date, Dane County sales trail […]

It’s Halftime in the 2017 Home Market

 July 18, 2017      webadmin

The first half results are in and the residential single family and condominium home market can be briefly summarized as follows: Strong buyer demand Extraordinarily lean supply of homes available to meet the demand Extremely affordable fixed rate mortgages for those who qualify As a result, Dane County sales for the month are 4.1 below […]

Strong Demand; Limited Supply Continues

 June 12, 2017      webadmin

As we reported last month, strong buyer demand continues in the Dane County residential single family and condominium market, spurred by positive economic and job reports, steady consumer confidence and fantastic mortgage interest rates. The 829 sales reported for Dane County to the South Central Wisconsin MLS for the month of May is just 4.3% […]

Strong Market Demand Limited by Lack of Supply

 May 15, 2017      webadmin

Despite positive job reports, low interest rates, strong consumer confidence ratings and even stronger buyer demand, sales of single family and condominium homes are being held back by a significant shortage of available supply. Dane County continues to be below 2 months of active inventory for the fifth consecutive month. A six month supply of […]