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Madison WI Area Top Real Estate Team Blog

Friday, February 12, 2021   /   by Ryan Huemmer

Columbia County Housing Market

Columbia County Housing Market Statistics

January home sales in Columbia County continue to surge due to record low mortgage interest rates and an inventory shortage. Columbia County's median home price was $243,000 in January, which was up 13.95% from last January.



This chart shows the median home values, month over month, for the previous 5 years. 2020 sales were only topped 3 times in the last 3 years in any given month, compared to 2020. January of 2021 started off with a drastic increase similar to last year.



Columbia County had 43 homes sold in January, which was up 7.50% from last January.



Strong year-end sales continued into January of 2021. We fully expect real estate in 2021 to remain in high demand for the entire year. High demand directly impacts increased home sale prices so don't wait to buy in fear of competition. The biggest mistake you can make is not to buy. Start gaining equity in your home today!



To see all the single family, condo and ...

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Friday, February 12, 2021   /   by Ryan Huemmer

Jefferson County Housing Market

Housing statistics for Jefferson County, Wisconsin.

January home sales in Jefferson County continue to surge due to record low mortgage interest rates and an inventory shortage. Jefferson County's median home price was $240,000 in January, which was up 8.35% from last January.



This chart shows increased median home values, month over month, for the previous 5 years. Jefferson County is showing increased levels of appreciation and continued growth over the last 5 years. This January was the highest January in the last 5 years.



Jefferson County had 83 homes sold in January which was up 22.06% from last January.



We fully expect demand in 2021 for home sales to grow as more buyers are being forced to look at smaller communities for affordability. January sales were a strong indication of those projections. With demand, values will continue to rise. Don't wait to buy because of competition. With historically low interest rates, affordability is more about the monthly ...

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Friday, February 12, 2021   /   by Ryan Huemmer

Rock County Housing Market

Rock County Housing Market Statistics
January home sales in Rock County continue to surge due to record low mortgage interest rates and an inventory shortage. Rock County's median home price was $184,500 in January, which was up 6.99% from last January.This chart shows the median home values, month over month, for the previous 5 years. 2020 sales were higher every month based on the previous year and steadily continue to increase year over year. January 2021 is no different.Rock County had 155 homes sold in January, which was up 38.39% from last January.Strong year-end sales continued into January of 2021. We fully expect the demand in 2021 to continue in and through 2021. With historically low interest rates and a shortage in homes for sale, home prices will continue to rise. Don't wait to buy a home! Get started in gaining equity today.To see all the single family, condo and multi-family properties for sale in Rock County click here.Do you want to know how much your home is wor ...

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Friday, February 12, 2021   /   by Amber Huemmer

Getting Pre-Approved | Home Buying Tips

Get Pre-Approved to Establish a Budget with a Local Lender

Before you go look at homes, you need to get pre-approved. You need to know if you qualify for a loan program, what you can afford, how much you need for a down payment and what your monthly payment is going to be.



Affordability can be determined in two ways. A maximum monthly payment allowed or a monthly payment amount that you the buyer feel comfortable with each month. Either way, establishing a budget first will help contribute to a more successful home search.

We believe selecting a local lender can be beneficial too. Being able to meet in person to discuss loan options, provide asset and income documents and work fast to avoid surprises. A local lender has a reputation to maintain in order to continue to service the community. And it's nice to have your local lender at closing in case any questions arise.

Are you ready to start the home buying process? Let’s get you pre-approved with a local ...

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Thursday, February 11, 2021   /   by Ryan Huemmer

Dane County Housing Market

Housing statistics for Dane County, Wisconsin.

January home sales in Dane County continue to surge due to record low mortgage interest rates and an inventory shortage. Dane County's median home price was $318,000 in January, which was up 11.19% from last January.



This chart shows increased median home values, month over month, for the previous 5 years. Dane County is showing super strong levels of appreciation with continued growth year over year too.



Dane County had 441 homes sold in January which was up 8.6% from last January.



2021 started where 2020 left off. As buyers continue to battle over limited listings in Dane County, home prices continue to soar. The spring market cannot come soon enough as new listings are needed badly. Though we fully expect the demand to exceed the availability of homes the entire year. The biggest mistake is waiting to buy because of the competitive market. With historically low interest rates, near 2.50% on a 30 year fixed, incre ...

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