As
the saying goes,
"Timing is
everything."
That certainly
applies to the
real estate
market, both
locally and
nationwide. The
good news is –
whether you're a
buyer, a seller
or both – right
now may just be
the best time
for you to list
or purchase a
home!
I pride myself on
keeping close
tabs on real
estate trends.
Lately I've
noticed - much
to the pleasure
of everyone - a
cross-country
uptick in
consumer
confidence
combined with
low mortgage
interest rates
is fueling a
residential real
estate market
resurgence. This
is good for
everyone! From
job transferees
looking for
their next
city-of-residence
to retirees
hoping to
relocate to a
warmer climate,
most people on
the move are
finding the
process much
easier than at
any time since
2006.
Additional good
news, especially
in Wisconsin, is
that along with
the summer's
climbing
temperatures,
the real estate
market is
getting hotter
and hotter, too.
According to
Wisconsin
Housing
Statistics, May
2015 saw the
most homes sold
of any month in
the past eight
years. And
according to
South Central
Wisconsin MLS,
Dane County home
sales rose 24.7%
from 722 in
April 2014 to
579 in April
2015, and the
median sale
price of single
family homes and
condos in Dane
County rose 9.5%
from $210,000 to
$229,900 within
the same
timeframe.
Furthermore, the
average listing
price was
$251,183 with an
average of 78
days on market
until they sold.
This means the
final sale price
was 97.37% of
the asking/list
price.
The timing seems
perfect for
sellers, but
what about
buyers? Time is
on your side,
too, because
right now, most
qualified buyers
can take
advantage of a fixed
interest rate of just over 4% on
your new home,
which will
contribute
greatly to
improving your
monthly cash
flow and your
ability to save
for retirement!
How do you find
out if the time
is right for
you? Call me!! I'll not
only let you
know how much
you'll get for
your current
home in today's
market, but can
also show you
everything
listed for sale
by every member
company of the
Multiple Listing
Service. No cost
– no obligation.
It's your move. I'm here here to
make sure the
time is right
for you!
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