ARCHIVED BLOG POSTS
2011
We recently reported the return on investment for Dane County multifamily investors is at its highest level in 10 years. That's because inventory is high (at over 35 months) and demand remains low. Sales have remained flat over the last 24 months, with many more units expiring rather than selling...
01/18/2011
The graph below shows the annual gross income to sales price ratio dating back to the year 2000. The ratio began the decade at 12% and declined until 2006, when it bottomed out at 8.8%. Since that time the ratio has been rising. The ratio ended the year 2010 at 11.8%, the highest value since the ...
01/17/2011
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Our first seller resolution for the new year is stage your home. Our second seller resolution is use professional photos. Our third seller resolution for the new year is use professional video. Our fourth seller resolution is price your home right. We've covered the dangers of over-pricing in...
01/16/2011
We've published our December home and condo report on DaneCountyMarket.com. For a quick overview, see the summary below. Dane County home and condo sales increased by 6% from last December, and were down 10% year-to-date. The median home and condo price was up 17.2% in December from December of 2...
01/16/2011
We track Dane County foreclosures on a monthly basis, and in the course of doing so we're noticing a lot of multifamily foreclosure filings in Dane County. Many of the buyers who purchased rental properties in the middle part of the decade expected their investments to appreciate in value quickly...
01/15/2011
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Our first seller resolution for the new year is stage your home. Our second seller resolution is use professional photos. Our third seller resolution for the new year is use professional video. Professionally narrated video tours offer four key advantages: 1) Video tours provide buyers with an ...
01/13/2011
Our first seller resolution for the new year was stage your home. Our second seller resolution is use professional photos. The number one reason buyers go online is to look at listing photos. The internet is the window to your home, so it's imperative that your home is staged and that the listing...
01/11/2011
Here's our preview of Dane County home and condo sales from a historical perspective. Our full December home and condo report will be released in the next few days. The 205 Dane County home sales recorded in December were 12% higher than the 183 homes sold in December of 2009. Home sales in Decem...
01/10/2011
Dane County foreclosures increased in December after decreasing 3 of the previous 5 months. A total of 149 Dane County foreclosures were filed in December, an increase of 27.4% from the 117 foreclosures filed in December of 2009. The graph below shows monthly foreclosure filings dating back to Ja...
01/09/2011
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A seller's odds for success are improving greatly as we round the corner of the holidays and make our way into the Spring buying season. Even so, there are plenty of homes and condos that won't sell this year. Some sellers will hope the Spring season brings a successful sale. Others will plan for...
01/09/2011
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Dan Miller
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