Tuesday, August 26, 2014

Tribute to Robin

It seems the whole nation has been in mourning over the untimely and unfortunate passing of actor and comedian Robin Williams.  I was one of them.  It saddened me that someone who was so funny and entertaining to others, was truly hurting.

Wingra Boats feels the same way.  To pay tribute to this extremely talented man, they will be showing Mrs. Doubtfire during their final Free Movie Night of the season on Wednesday August 27th beginning at dusk (roughly 8 p.m.).

Bring a blanket and settle in to see one of Robin Williams' finest performances with a story that touches our hearts.

Saturday, August 16, 2014

July Home Sales

How did homes in your neighborhood sell in the last month?  Most areas on the near west side had healthy sales, with prices inching up.  It will be interesting to watch what happens as we head into the 4th quarter of the year. Below are the sales for July 2014.


July Home sales


3725 Ross St

$329,000

07/17/2014

2819 Chamberlain Ave

$325,000

07/17/2014

36 Glenway St

$449,000

07/16/2014

10 S Meadow Ln

$270,100

07/16/2014

2926 Bluff St

$237,000

07/15/2014

3821 Euclid Ave

$406,000

07/14/2014

314 N Segoe Rd Unit 101

$140,000

07/11/2014

3618 Cross St

$140,000

07/11/2014

4025 Mineral Point Rd

$305,000

07/10/2014

614 Odell St

$349,000

07/10/2014

601 Gilmore St

$343,600

07/10/2014

2639 Mason St

$322,000

07/10/2014

2518 Commonwealth Ave

$296,000

07/10/2014

514 Presidential Ln

$235,000

07/09/2014

3521 Lucia Crst

$255,227 *

07/09/2014

1922 Regent St

$508,000

07/09/2014

862 Woodrow St

$213,900

07/08/2014

4933 Marathon Dr

$243,000

07/08/2014

105 Shepard Ter

$215,000

07/08/2014

114 S Whitney Way

$274,000

07/08/2014

501 S Segoe Rd

$165,000

07/08/2014

4505 Woods End

$325,000

07/08/2014

4814 Holiday Dr

$253,000

07/08/2014

2253 West Lawn Ave

$419,700

07/07/2014

4833 Woodburn Dr

$232,000

07/07/2014

506 N Meadow Ln

$216,000

07/02/2014

2218 West Lawn Ave

$615,000

07/02/2014

340 N Allen St Apt 9

$160,000

07/02/2014

4820 Hillview Ter

$225,000

07/01/2014

4718 Keating Ter

$235,900

07/01/2014

625 N Segoe Rd Unit 308

$315,000

07/01/2014

2533 Van Hise Ave

$470,000

07/01/2014

4009 Paunack Ave

$296,000

07/01/2014

18 S Midvale Blvd

$300,000

06/30/2014

3527 Gregory St

$231,000

06/30/2014

2310 Keyes Ave

$315,000

06/30/2014

2305 Keyes Ave

$386,150

06/30/2014

450 Orchard Dr

$100,000

06/30/2014

2830 Barlow St

$224,000

06/30/2014

455 Presidential Ln

$214,900

06/27/2014

2222 Monroe St

$373,430

06/27/2014

5013 Tokay Blvd

$245,000

06/27/2014

466 Clifden Dr

$267,000

06/27/2014

601 N Segoe Rd Apt 402

$175,000

06/27/2014

4118 Winnemac Ave

$225,000

06/27/2014

Sunday, August 10, 2014

Summer Slump?!

It seems the Madison housing market has hit a bit of a summer slump.  It's unusual in July and early August to see such a slowdown.  By mid-August, sure, as parents and kids depart this great city for last-minute summer vacations or attention is turned to getting ready for the start of school.  But the slump I'm referring to began right before July 4th and continues to stagnate.

So what's up?  Well, my experience and knowledge of the market tells me it's a multi-faceted issue:
  • Early spring brought on a crazy market where we saw lots of buyers out, low inventory and multiple offers on properties.  It was a seller's market.
  • Interest rates remain at near-historic lows
  • Those that tried to sell several years ago and couldn't instead refinanced with the intention of staying put for a while.  They may have remodeled or added on to their house.  The point is, they are no longer in the market to sell.
  • Buyers that were out this spring and are still unable to find what they want have decided to wait.  In their minds, the interest rates remain low and they haven't found what they want.  Or worse, they found what they wanted and were in a multiple-offer situation and lost (ouch!).
My best educated guess is that this is a short-term phenomenon.  Interest rates will eventually begin to creep up.  When that happens, those that are on the fence will be jumping off in a hurry.  I can't wait to find out what the next few months bring!

Tuesday, July 29, 2014

Marketing Made Easy

Marketing has become complicated.  We are inundated at every turn, billboards, social media, mass media, yard signs, the list is endless.

Sometimes the marketing is so over-the -top it makes it difficult to make a decision at all (which of course, is a decision).

So, I was pleased as punch when my 7 year-old nephew came up with excellent marketing material for me!  It's simple, to the point and true!

The copy reads,
"Come on In!
Great house
Nest included
Brand new
Cheap rent
Birdfeeder nearby"

Beautiful!  Simple. Straight forward. Honest. And a bit intriguing!  Time for me to take notes...and tap into that 7 year-old brain more often!

Tuesday, July 15, 2014

June Home Sales

Ahh, summer in Madison!  The festivals, the races, the pure joy of living in Madison has hit it's stride as we enter mid-summer.

We are now at the mid-point of 2014 and the housing market intensity seen earlier this spring has slowed.  Perhaps it's a mid-summer lull, as families begin summer vacations and cabin getaways up north.

Home sales in June were still healthy and prices of existing homes continue to inch up as interest rates remain relatively low.  Wondering what houses sold for in June?  Home sales on the near west side of Madison for June are listed:


June 2014 Home Sales

706 Kendall Ave
$335,000
06/09/2014
11 N Franklin Ave
$344,000
06/09/2014
112 Lathrop St
$580,000
06/09/2014
4117 Mineral Point Rd
$292,000
06/09/2014
3814 Cherokee Dr
$345,000
06/09/2014
718 Eugenia Ave
$194,700
06/09/2014
17 Craig Ave
$95,000
06/06/2014
5749 Forsythia Pl
$246,000
06/06/2014
5734 Elder Pl
$345,000
06/06/2014
5502 Englewood Dr
$238,600
06/06/2014
4131 S Sunset Ct
$265,000
06/06/2014
3523 Gregory St
$245,000
06/06/2014
5325 Brody Dr Unit 202
$108,750
06/06/2014
831 S Brooks St
$240,000
06/05/2014
602 S Orchard St
$251,000
06/05/2014
610 S Midvale Blvd
$202,500
06/05/2014
5518 Dahlen Dr
$171,500
06/05/2014
5331 Frosty Ln
$222,000
06/05/2014
438 Virginia Ter
$275,000
06/05/2014
5817 Dorsett Dr
$220,000
06/05/2014
5717 Piping Rock Rd
$234,000
06/05/2014
625 N Segoe Rd Unit 809
$280,000
06/05/2014
1606 Baker Ave
$235,000
06/05/2014
325 S Yellowstone Dr Apt 223
$125,000
06/05/2014
620 Sheldon St
$391,552 *
06/04/2014
1106 Edgehill Dr
$521,000
06/04/2014
1402 Annen Ln
$191,500
06/04/2014
4022 Saint Clair St
$240,000
06/04/2014
601 N Segoe Rd Apt 303
$349,900
06/04/2014
9 S Yellowstone Dr
$325,000
06/04/2014
306 N Segoe Rd Unit 203
$136,000
06/04/2014
15 Walworth Ct
$236,000
06/04/2014
2316 Eton Rdg
$684,900
06/03/2014
853 S Shore Dr
$514,000
06/03/2014
205 S Midvale Blvd
$125,000
06/03/2014
615 Gilmore St
$350,000
05/29/2014
2321 Kendall Ave
$354,700
05/29/2014
4011 Winnemac Ave
$208,000
05/29/2014
2428 Fox Ave
$334,800
05/29/2014
214 Ozark Trl
$405,000
05/28/2014
3532 Tallyho Ln
$242,700
05/28/2014
3326 Blackhawk Dr
$350,000
05/28/2014
2706 Mason St
$360,000
05/28/2014
3227 Topping Rd
$1,050,000
05/28/2014
842 Maple Ter
$225,000
05/28/2014
1 Blue Ridge Ct
$301,250
05/28/2014