Resolution Revolt!

I make New Year's Resolutions.  I have actually made countless resolutions.  Most fall by the wayside by the first week in February.  That's not unusual, I know.  It happens to most of us.  That's why this year, I have Resolution Revolt.  It's not that I disagree with resolutions, it's just that I rarely keep them.  Often times, because they are not measurable.

For instance, if my resolution is to lose weight, what does that mean?  By when?  How much?  Do I treat myself if I reach my goal?You get the idea.  So this year I am resolving to do it differently.  I've learned that large leaps rarely work; but small tweaks often times do work!

So this year, I am making small tweaks.  If I resolve to be more kind, the resolution should actually read that I will complete one act of kindness per week.  I know that doesn't sound like much, but if I can keep that resolution, then I can expand on it.  So rather than quitting in February, perhaps two months into the new year I will have increased my acts of kindness to three acts per week.  And who knows, by summer maybe I'll be doing one kind act per day!

I don't know if it will work, but it's worth a shot.  What's your New Year's "tweak"?

Wishing you Joy and Peace in the new year!  All the best in 2019.  Bring it on! 

Winter a Great Time to Purchase Real Estate

In October, existing home sales fell 2.2 percent compared to October 2017 and the median selling price rose 5.1 percent to $182,500. During the first 10 months of the year, home sales fell 2.2 percent compared to that same period last year, and median prices were up 6.4 percent to $184,000. 

While the market will likely still remain in the sellers’ favor, as we head into the winter months, buyers can expect the scales to shift slightly. Traditionally, there’s far less competition in the real estate market come fall and winter. And with interest rates slowly rising, interested home buyers might just find a sweet spot in the coming months.

While inventories remain very tight statewide, buyers can expect home prices to dip slightly during the winter months, according to the Wisconsin REALTORS Association. Because people tend to avoid moving during the winter months, sellers during this time of year are typically more motivated.  Don't under estimate Winter as a good time to purchase Real Estate!

Unusual Property in Lake Mills

Here's an unusual property! It's a former church that is now work space and residence.  Oh, the possibilities.  Yoga studio? Superior serenity. Music studio? Incredible acoustics in the Sanctuary.  Wedding/event venue? Wonderful gardens and secret spaces.  Truly an incredible property!  Contact me for more details!

Edgewood Stadium Controversy

Homeowners surrounding Edgewood High School are on a mission.  They are opposing the proposed new football stadium that would include adding seating, lights and a sound system to the practice field that already exists.  Local residents are concerned about the noise, light pollution and extra traffic and parking issues that 6-8 night high school football games will mean for the neighborhood.

Others in the area, and beyond, have concerns about what the added light and noise will mean for wildlife living along Lake Wingra and in the nearby arboretum.

I think it would be great if Edgewood had a "home" field.  They currently play homes games at Middleton High School.  The same is true of West High School; their home games are played at Mansfield Stadium at Memorial High School.  Neither school has a true "home" field.  It is certainly hard to distinguish a "home" game from an "away" game when you share a field with another school.

That being said, I do have some concerns with the proposed new stadium.  When Edgewood installed the current practice field several years ago, they assured the neighborhood that the field was just for practice, there would not be any high school games played on the field.  They have changed their tune, which is my concern.  It's a slipperly slope.  Six-eight night football games each fall turns into evening soccer games a few times a week in the spring and fall.  And what about Lacrosse games?

I'm still on the fence and I can see both sides of the issue.  Time will tell where this issue lands.  What are your thoughts?

Short Supply=Fewer Home Sales

Home sales in Wisconsin fell sharply in September, dropping 12 percent relative to September 2017, according to data released by the Wisconsin REALTORS Association.

A continued shortage of available properties has caused a year-to-date decline in sales of almost 3 percent compared with 2017. Home prices have increased statewide by nearly 7 percent, though the upturn in Dane County has been slightly less, with prices increasing only 3 percent over the same period.

While new construction hasn’t quite kept up with demand, a new report from the Wisconsin Policy Forum shows a jump of almost 2 percent in new construction for Dane County — a trend that will hopefully help to provide buyers with more options.
The data indicates strong economic growth in the area. Development and property values have returned to pre-recession levels, with countywide property values increasing more than 20 percent in the last decade.

Although housing in Wisconsin remains affordable by national standards, a recent rate increase by the Fed has pushed mortgage rates up by more than three quarters of a percent since September 2017. With more rate hikes expected, enlisting the help of a Realtor can pay dividends.  Feel free to contact me to talk!

Midvale Heights

Darling ranch in popular Midvale Heights neighborhood! Welcome to this three bedroom/two bath home perfect for the empty-nester or young family. Kitchen and main level bath completely updated PLUS brand new lower level full bath...Bonus! Hardwood floors throughout. Classic bedroom built-ins to contain clutter! Finished lower level spaces offer options for kids, movie night or workout space. Delightful three-season porch and lovely deck with pergola for entertaining or relaxing. Large, fenced yard with adorable shed. Close to Sequoya Commons, parks, schools and Hilldale Mall! Join me at the open house on Sunday 11/11/18 from noon-2 p.m.  Super cute!!

School House for Sale!

FORMER SCHOOL HOUSE, charming, historic, and full of 'flexible spaces' - owned and occupied for nearly 50 yrs by UW Art Faculty Wayne Taylor (with wife Donna), during which many gala gatherings were held, much artwork was produced, resultant shows of two and three dimensional art had plenty of space to be displayed. 

Fabulous ambient light and high ceilings in 'Great Room', some newer windows and maple floors.  The property has more than 1500 sq ft of studio/work space. Wood burning stove plus Zoned Forced air heat keeps spaces cozy. Newer kitchen with lots of storage. One bath off bedrm, old schoolhouse half bath for guests.  Loads of options for craftsperson or artist.

Sunset Village-SOLD!

Congratulations to the buyers and sellers of this house in Sunset Village!  With load of potential and in a beautiful spot, there are new adventures on the horizon for all.

If you know someone looking to buy or sell a home, have them contact me.  I'm happy to talk.

GLEAM!

Olbrich Boatanical Garden's GLEAM, Art in a New Light is wonderful! The exhibit pairs art installations with light.  It's also a great opportunity to see the gardens at night.

If you haven't had a chance to view, there are still a few opportunities.  The even is open Wednesday-Saturday from 6 p.m.-9p.m. through October.  Certainly worth the price of admission!

Church+House=Chouse!

Dramatic and lovingly refurbished, this former church is referred to in conversation as a 'chouse' since it now serves as both home, business & studio space for its current interior designer owner.

While chouse sounds diminutive, this 6000+ sq ft edifice is definitely majestic. Both commercial & residential zoning, property could serve as live/work space: Art studio & gallery space? Yoga studio?  Garden/event space?

Soaring ceilings, there is great acoustics in church Nave. Residence is spacious yet intimate!  Gourmet cook's kitchen, lovely Master Suite, Library, Office, Breakfast Nook and more!  

Located in Lake Mills, this property is extraordinary!  Intrigued?  Contact me for more information!

Crackle, Fire & Froth

Love Fall??  One of the best autumn events in Madison is Olbrich's Crackle, Fire & Froth!  Expanded to two evenings this year, the events include multiple bonfires on the Great Lawn, some of Madison's favorite food carts, craft beers and live music.  Stroll the lighted garden paths to enjoy all the garden has to offer at night.  Also, a bonus this year, Olbrich's lighted art display GLEAM, is also available for viewing.  What a great way to be inspired by the beauty of a crisp fall evening in Olbrich's outdoor gardens! 

Friday Sept. 28th, 7-10 p.m.
Friday Oct. 4th, 7-10 p.m.

Tickets are going fast!

Housing Supply is Improving but the Market Remains Competitive

The total months of available inventory increased more than 22 percent statewide in July from 2017 numbers, the Wisconsin REALTORS Association reported. Dane County saw a 15.6 percent increase over the same period of time.

 While we’re seeing an uptick on the number of homes on the market, they aren’t lasting long. Low unemployment and a strong economy continue to make for a strong seller’s market. On average, the period of time homes remained on the market declined by approximately 11.5 percent from July 2017 to 2018, according to the WRA. In Dane County that number declined 4.7 percent. 

With conditions continuing to create a competitive market, it's even more important to enlist the help of a Realtor.  Call me and we can chat!

Home Improvement Costs

Madison Home Improvement Trends

MOST EXPENSIVE

$22,221 Kitchen Remodel

$9,736 Bathroom Remodel

$7,330 Install a Roof

$7,090 Build a Deck

$6,686 Reface Cabinets

LEAST EXPENSIVE

$81 Sprinkler System Maintenance

$140 Lawn Maintenance

$208 Clean Windows

$209 Repair Clogged Drain

$226 Repair Garage Door

June 2018 Home Sales

June sales were a bit slower on the west side of Madison this year, primarily due to the continued tight inventory.  Here's what sold in early June.

625 N Segoe Rd Unit 900 Madison, WI

Sold: n/a

3 Bed, 3 Bath	Built in 2009
Sold On 06/01/18	2596 sqft
Price/sqft: n/a

1706 Regent St Madison, WI

Sold: n/a

3 Bed, 2 Bath	Built in 1914
Sold On 06/01/18	1678 sqft
Price/sqft: n/a

3910 Fern Ct Madison, WI

Sold: $385,100

3 Bed, 2 Bath	Built in 1951
Sold On 06/01/18	1816 sqft
Price/sqft: $212

1121 Valley Stream Dr Madison, WI

Sold: $287,000

3 Bed, 2 Bath	Built in 1964
Sold On 06/01/18	1483 sqft
Price/sqft: $194

6955 Park Ridge Dr Madison, WI

Sold: $145,000

2 Bed, 2 Bath	Built in 1980
Sold On 06/01/18	1059 sqft
Price/sqft: $137

7106 Farmington Way Madison, WI

Sold: $325,000

4 Bed, 3 Bath	Built in 1978
Sold On 06/01/18	2193 sqft
Price/sqft: $148

2705 Gregory St Madison, WI

Sold: $516,000

3 Bed, 3 Bath	Built in 1929
Sold On 06/01/18	1978 sqft
Price/sqft: $261

1 N Rosa Rd Madison, WI

Sold: $165,000

3 Bed, 1 Bath	Built in 1952
Sold On 06/01/18	912 sqft
Price/sqft: $181

133 Ponwood Cir Madison, WI

Sold: $179,900

2 Bed, 2 Bath	Built in 1989
Sold On 06/01/18	1113 sqft
Price/sqft: $162

4501 Windigo Trl Madison, WI

Sold: $30,000

3 Bed, 1 Bath	Built in 1958
Sold On 06/01/18	1450 sqft
Price/sqft: $21

Real Estate Market-Same Story, Different Day

The strong economy and low unemployment rate, coupled with tight supply, has driven home prices up at a rate well above the annual inflation rate, according to the Wisconsin REALTORS Association.

Annual inflation hit 2.9 percent in June, up about 1 percent from last September. Home prices have increased at a rate between 4.6 and 8.1 percent over the last nine months.

Home sales fell to approximately 9,200 in June, down nearly 12 percent from June 2017, and median prices rose more than 5 percent in Dane County, $277,861, up from $262,000 in 2016. It’s a trend that has been particularly tough on first-time homebuyers — the market has been tightest for homes under $200,000.

The trend isn’t just unique to Wisconsin — it’s nationwide. Real estate trade groups in California, Florida and Illinois recently released near-identical data.

 At times like these, it is more important than ever to have a seasoned professional on your side to help navigate the rapidly changing currents within the real estate industry. Call me at 608-333-4406 and let's talk!

Briar Hill Contemporary!

Contemporary home in eclectic and whimsical Briar Hill. Incredible spaces with soaring ceilings, funky angles, skylights, and peaceful spots to enjoy morning coffee or afternoon tea.

This three bedroom, three bathroom home offers hardwood floors, playful windows, updated kitchen with stainless steel appliances and granite counter tops. 

"Treehouse-like" upper level master with gas fireplace. All this nestled in a tranquil location just steps away from the bike path, Glenwood Park and Monroe Street retail.

For more information or to schedule a private tour, call or text me at (608-2333-4406.

Fun on the Water

Looking for some water fun in the coming weeks?  Look no further than Brittingham Boats at Brittingham Park, 701 Brittingham Place in central Madison. July 29: Full Moon Excursion to a Band on Lake Monona - Paddle out from Brittingham Boats onto Lake Monona where a live band will you with music. August 2: Movies on Monona - Paddle out onto Lake Monona for the 1975 thriller "Jaws".  You will never look at the lake the same again!

Loft Condo

Rustic meets industrial in this high-end Das Kronenberg loft!    Open concept design with exposed brick walls, barn wood doors, hardwood floors and huge windows that offer great light, even on a cloudy day!  

This unit offers a split bedroom floor plan each with updated baths.  The large master bedroom includes a fireplace.  

Expanisive views of the city, this unit includes a rooftop room – the only one in the building -  with private access to the community rooftop garden (currently under construction).  Additional amenities include an exercise room, main floor guest suite available for overnight guest rental, and additional laundry facilities.

Just blocks from James Madison Park, Breese Stevens, the Capitol and the revitalized East Washington Ave. Corridor.  Call me at (608)-333-4406 for your private showing!

Flag Facts

I would venture to guess, that more U.S. flags are hoisted, carried and displayed on the 4^th of July than on any other day of the year.  And with good reason, it’s a symbol of the United States and the birth of a country.

If you are planning to hang your American flag on the 4^th, consider getting it cleaned first.  Klinke’s Cleaners is offering free flag cleaning to celebrate the nation’s birth.  Here are a few other fun facts to tell your friends at your holiday picnic, while waiting for the parade to pass or watching fireworks.

Has the U.S. Flag always had 13 stripes?  Nope!

When Vermont and Kentucky—states 14 and 15—joined the union, a new version of the flag was created that had 15 stars and 15 stripes. As the U.S. continued to grow, there was concern about having to continually add additional stripes. The solution: revert to 13 to represent the original 13 colonies, and let the stars do the heavy lifting.

Who created to 50-star pattern on the flag?

When Alaska and Hawaii were welcomed as the last two states to join the Union, President Eisenhower received thousands of ideas for an updated flag. Most of them were for a flag with 50-stars, including one from Robert G. Heft, a 17-year-old student at Lancaster (Ohio) High School.  Heft created the design for a class project. He was one of three to submit the version that was accepted and remains in use today.
Robert got a B- on his project.

Current design has lasted the longest – 50 years!.

In contrast, over a 50-year period in the early 1800s, the flag went through 17 different versions.
Happy 4^th of July!

April 2018 Home Sales

April 2018 Home sales continued to be healthy as the Madison market still suffers from a lack of inventory.  Wondering what your neighbors house sold for?  Curious about the value of your home?  Contact me and we can talk.

619 S Orchard St Madison, WI

Sold: $313,500

4 Bed, 2 Bath	Built in 1925
Sold On 04/16/18	1764 sqft
Price/sqft: $178

1001 Midland St Madison, WI

Sold: $225,000

3 Bed, 2 Bath	Built in 1955
Sold On 04/16/18	1162 sqft
Price/sqft: $194

129 Pine Ridge Trl Madison, WI

Sold: $247,500

2 Bed, 2 Bath	Built in 1987
Sold On 04/16/18	1588 sqft
Price/sqft: $156

1429 E Skyline Dr Madison, WI

Sold: $400,000

4 Bed, 3 Bath	Built in 1963
Sold On 04/16/18	2355 sqft
Price/sqft: $170

625 S Spooner St Apt 2 Madison, WI

Sold: $380,000

6 Bed, 3 Bath	Built in 1918
Sold On 04/17/18	2078 sqft
Price/sqft: $183

415 W Doty St Apt 1 Madison, WI

Sold: $352,500

4 Bed, 2 Bath	Built in 1904
Sold On 04/17/18	1868 sqft
Price/sqft: $189

112 S Bassett St Madison, WI

Sold: $305,400

5 Bed, 2 Bath	Built in 1898
Sold On 04/17/18	1700 sqft
Price/sqft: $180

308 W Wilson St Apt 1 Madison, WI

Sold: n/a

6 Bed, 4 Bath	Built in 1904
Sold On 04/17/18	3071 sqft
Price/sqft: n/a

7061 Watts Rd Madison, WI

Sold: $70,000

1 Bed, 1 Bath	Built in 1985
Sold On 04/17/18	566 sqft
Price/sqft: $124

14 N Kenosha Dr Madison, WI

Sold: $359,000

4 Bed, 2.5 Bath	Built in 1963
Sold On 04/18/18	1465 sqft
Price/sqft: $245

105 Ponwood Cir Madison, WI

Sold: $197,500

3 Bed, 2 Bath	Built in 1988
Sold On 04/18/18	1519 sqft
Price/sqft: $130

360 W Washington Ave Unit 315 Madison, WI

Sold: n/a

1 Bed, 1 Bath	Built in 2003
Sold On 04/18/18	715 sqft
Price/sqft: n/a

1022 Sue Pl Madison, WI

Sold: $193,300

2 Bed, 1 Bath	Built in 1955
Sold On 04/20/18	892 sqft
Price/sqft: $217