3 Tips on Pricing your Home right 

The real estate market is an ever-changing thing. One day, prices are up, and the very next day, everything has reversed on you. Over the last few years especially, with turbulent markets and economic confusion, the real estate market has become increasingly dynamic. In this era of constant fluctuation, how will you know how much your home is worth? There are three things that you need to know:

1. Use the right tools. Online estimators are a great way to get a very rough estimate of where your home’s value is likely to sit. These are best accessed directly through your preferred real estate agent’s website. While they aren’t perfect, these tools can give you a general idea of your home’s value.

2. Use…

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What is the ideal time to get your house on the market?

The answer is different for everyone. It might be your individual needs. If you need to be in Albuquerque in a month, that answer will always be as soon as possible. If you could perfectly time it in our market, most accepted offers happened in the month of April.

We currently have an extremely low supply of available houses that don’t already have accepted offers. In Dane County, we have 409 active homes, single-family homes, and condos for sale. In Madison, we have 90 without an accepted offer. In a balanced market, you have about six months’ supply of homes and condos for sale, where the market doesn’t advantage sellers and doesn’t advantage buyers. In Dane County, we have 21 days…

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Dane County Real Estate Recap 2022 

The real estate market in Dane County saw a decrease in sales of single-family homes and condos in 2022, with 15.4% fewer homes sold for a total of 7,293. This can be attributed to the 14.2% decrease in listings that came onto the market. The low inventory levels also played a role in the decrease in sales. The total number of active homes on the market as of January 1 is only 526.

Interest rates have also increased, currently sitting at over 7%. Although there may be some fluctuation, it is expected that they will stay in the range of 6% to 7%. This increase in interest rates has led to a drop in price appreciation, however, the average and median sale prices for homes and condos in Dane County still saw…

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How to Calculate your Net Proceeds

The market has been changing lately, and many people have been wondering if it’s a good time to sell their homes. If that is you, one factor that will help you make that decision is knowing how much money you’ll get to keep after you sell. Too many people oversimplify this estimate and end up disappointed. I want to help you avoid that.

Start by using a home value estimate calculator. You can access mine here. This is a free tool that shows you an estimate of how much your home is worth. This is not a guarantee, so know that numbers will fluctuate. However, this will at least help you get a good ballpark figure to start with.

After that, figuring out how much of the money from your home sale that…

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The latest news about the real estate market this holiday season.

Happy holidays! Thank you for putting your trust in our team. I also want to give you a quick update on what’s happening in the market. There are so many doom and gloom headlines. While they might reflect some parts of the country, real estate markets are very local. Even from one city to another nearby, there can be vast differences. 

 

 

Right now, homes are still selling, however, the supply of available houses is still low. We have half a month of active inventory. Even if you include the listings with accepted offers, we still only have one month’s supply. A balanced market would have about six months of inventory, so this is still a seller’s market. If you’re a buyer…

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Here are six tips that will get your home ready for the winter season.

How do you get your house ready for winter? Leaves are almost all down, and winter’s on its way. While there are probably a few nice days left this year, it won’t be for long. Now is the perfect time to get everything ready for the winter.

 

 

Here are a few things that I recommend you should do before the snow falls:

1. Take your hoses off your outdoor faucets. Drain them and store them. The older-style faucets or spigots can be shut off from the inside of the house, while the newer ones have a valve that shuts when you turn it. This way, they’ll be less apt to freeze unless it’s extremely cold.

2. Clean the gutters. Once the leaves are all down, get all…

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Four reasons why homeowners should consider selling in the fall.


I’m sure you’ve heard that spring is always the best time to sell your house. While spring is traditionally a good time to sell, each other season also has its advantages.

 

 

 

Here are a few reasons why you should consider selling in the fall:

1. Inventory. There’s less inventory in the fall compared to the spring and summer months. While there may be fewer buyers out there, you’ll also have less competition.

2. Buyer quality. The buyers during this time of year are typically more serious than those out on a nice day looking at an open house or touring homes to get decorating ideas.

3. School and weather. Summer vacation is over now, and kids are back in…

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You have options to safeguard yourself from fluctuating rates.


The Federal Reserve has increased rates multiple times this year so far and will continue to do so throughout 2022. That means if you’re in the process of buying a home, the rate your lender quotes could increase sometime in the future. So what happens if interest rates increase after you’ve already gone under contract? Is there any way to protect yourself?

 

 

First of all, when we’re writing an offer with a financing contingency, we typically determine whether your rate is fixed or variable and what terms would allow you to cancel the contract. In a rising market like this, you should get a mortgage rate lock as soon as possible in the process to prevent your rate from…

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Are you planning to buy a condo? Here’s what you need to know.

I’ve recently been working with a few clients who want to purchase condos and then rent them out as a part of their real estate investment. It’s a great way to generate wealth but condos are not exactly like houses. If you want to pursue this route, there are a few key differences between the two you’ll need to know.

 

 

You can listen to my full explanation in the video above or skip to each topic using the timestamps provided:

0:00 — Introduction

0:34 — Condos are governed by more rules

0:49 — Many condo associations have rental restrictions

1:35 — Renting out your condo can drive down your property’s sales price

1:50 — The condo association typically takes…

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Four ways to make your offer more competitive in multiple-offer situations.

Today’s real estate market is still competitive for buyers. If you fall in love with a home, chances are that other buyers have seen it as well, and you’ll have to compete against them to get your offer accepted. Even though interest rates have increased, there still aren’t enough homes to balance out our market. That means sellers have the upper hand, and buyers are forced to compete against each other. Fortunately, there are a few ways you can make your offer stand out to sellers.

 

 

1. Offer above the asking price. You’ll have to offer more than asking price if you want to win in a multiple-offer situation, but that doesn’t mean you’ll have to bring too…

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