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 […]
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
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 […]
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 […]
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 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 […]
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 […]
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% […]
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 […]
Residential single-family and condominium home sales in Dane County for the month of March fell 8.7% compared to March 2016. Much of this decline can be attributed to extraordinary lean inventory of active listings. March 2017 Monthly Statistics