Wednesday, December 16, 2015

October 2015 Home Sales

Here they are...the long awaited home sales on the near west side for October 2015.  While activity has slowed somewhat, buyers are still out like crazy!  If you are considering selling, now would be a good time to start planning for 2016!

Wednesday, December 9, 2015

The Home Buying Process-In a Nutshell!

The home-buying process is long and can be confusing, even to those that have gone through it before.  Take a look at this graphic, “The Road to Homeownership”.  It's a simplified, illustrated guide to the home-buying process.  As always, I'm happy to help guide you along the way!


Friday, December 4, 2015

Are There Drawbacks to Owning an Old House?

Old houses, we love them and we hate them!  

If you live on the near west side of Madison, (between the Capitol and the Westmorland neighborhood), the houses were built between the early 1900's and about 1945.  That is considered "old" in human-years.  You certainly can't beat the character and charm of an old house, but there can be drawbacks.  Old, drafty windows; "sketchy" foundations; and cracking plaster, to name a few.  And then there's the plumbing! The list could be long. 

If you live in an old house, or aspire to, here's a great article on things to think about.  An old house can be wonderful! But it's important to do your research.

It's also wise to engage a good Realtor who is familiar with older homes and the neighborhoods that contain them.  Of course, a good inspector who is familiar with older homes is a bonus, too!   

Tuesday, November 17, 2015

Food for Thought on Interest Rates

Looking back over the last 6 months, I have mentioned several times that I believe interest rates will be heading up soon and that buyers need to put every effort possible into buying a home. "Preaching to the Choir" would be a fair assessment of responses received from home buyers in a market that regularly produced multiple offers on homes listed, and many cases where offer price exceeded asking price. So why do I devote yet more space to this "old" story?

  I want to address the other side of that broken record.

Namely, those of you who already own your home and feel content that you have secured a living environment that will be "adequate" for the next several years. For those who think they may have one more move in their future, serious consideration to moving needs to be front and center for you right now. History has shown us that interest rates regularly cycle from high to low and back again. The last time rates were this low? The 1960s...yes, over 50 years ago. If rates do start heading up, (which is actually quite possible in December) it is not likely that most of us will be able to wait 50 years before moving again.

Just some food for thought as the year winds to a close.  Do your thinking now.   Another spring Real Estate season will be here before you know it!

Thursday, November 12, 2015

September 2015 Home Sales

I know, I know...this topic is everyone's favorite: area home sales!  Well, here's the list of what SOLD on the near west side of Madison in September.  Recognize any??