ARCHIVED BLOG POSTS
2011
Our latest report on the Dane County multifamily real estate market shows there are 43.5 months of inventory on the market right now. To put this number in perspective, the 43.5 months of inventory are more than twice the level for Dane County condos, and more than 3 times the level for Dane Coun...
08/29/2011
The Dane County Distressed Property Index was 36.8% in July, up from the June reading of 34.9%, and also up from the July 2010 reading of 23.8%. This month's reading was Dane County's highest and the ninth in a row above 30%. The index has been climbing for two main reasons: 1) Last year was a re...
08/14/2011
Mortgage rates continue to move toward new lows, according to the most recent Freddie Mac primary mortgage market survey. This graph shows average rates for the last 20 weeks. The average rate for a 30 year fixed rate loan was 4.32%. The average rate for a 15 year fixed rate loan was 3.5%. As...
08/13/2011
Here's a look at July Dane County home and condo sales from a historical perspective. You'll find our July sales and price report at DaneCountyMarket.com. The 424 Dane County home sales recorded in July were 47% higher than the 289 home sales in July of 2010. Home sales nose-dived last July due t...
08/12/2011
Dane County foreclosures decreased for the 7th month out of the last 8, and the 11th month out of the last 14. A total of 90 foreclosures were filed in July, a decrease of 38.4% from the 146 foreclosures filed in July of 2010. The graph below shows the monthly foreclosure filings dating back to J...
08/09/2011
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According to a recent Freddie Mac mortgage market survey, the average commitment rate for a 30 year fixed rate loan in the month of July was 4.55%. The average rate for a 15 year fixed rate loan was 3.68%. The graph below shows the average commitment rates for the month of July versus every year ...
08/06/2011
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Dane County housing starts increased from 55 in July of 2010 to 64 this July, an increase of 16.4%. Here's a view of how monthly housing starts have been changing since January of 2005. This graph shows the number of housing starts for every July dating back to 1999. Housing starts this July we...
08/04/2011
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WESTPORT CONDO FORECLOSURE FOR SALE. One block from Lake Mendota. What a fantastic deal on this 2 BR condo a block from Lake Mendota! This first floor unit features a spacious master bedroom with walk-in closet, additional closet and full bath! Beautiful kitchen with stainless appliances, open fl...
08/02/2011
We have two new reports that provide a forward-looking view of the Dane County home and condo markets. You'll find both of them on the Market Trends page at DaneCountyMarket.com. Our Dane County pending home sales report shows more Dane County homes having accepted offers on July 31st than on Jul...
08/01/2011
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