I moved my oldest son back to college today. I also registered my two younger children for high school. The first high school football game of the season is Friday night and the Packers have begun the pre-season. All of this on some of the hottest days of the summer. While fall seems far away (at least I hope!), we are reminded that it is on the way as the days grow shorter.
We have also seen a slowdown in the Real Estate market in Madison. People in the market to buy or sell turn their attention to last minute family vacations and purchasing of school supplies. This has been a typical trend of the last few years; we see a slowdown until after the school year begins. In early September we'll see another slight uptick in the market with a few more seller's and buyer's venturing into the market.
Despite seeing a slight rise in interest rates (4.1% for a 30 year conventional mortgage as of today), buyers are still out there trying to find the perfect house before interest rates rise even further.
While you enjoy these last few dog days of summer, keep your eye on the Real Estate market in your area. There is still plenty of "selling" season left!
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