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4/28/16 Condo Market Update for the Greater Madison Region

Madison Metro Condo Listings as of April 28th, 2016: Greater West Madison Metro Area: 402 Active Condo Listings $0 – $199,999: 158 listings compared to 153 last week $200,000 – $299,999: 72 listings compared to 74 last week $300,000 – $399,999: 74 listings compared to 71 last week $400,000 – $499,999: 45 listings compared to […]

4/26/16 Single Family Market Update for the Greater Madison Region

Madison Metro Single Family Listings as of April 26th, 2016: Greater West Madison Metro Area: 807 Active Single Family Listings $0 – $199,999: 40 listings compared to 44 last week $200,000 – $299,999: 187 listings compared to 168 last week $300,000 – $399,999: 199 listings compared to 195 last week $400,000 – $499,999: 165 listings […]

Should Millennials Rent or buy?

Source: www.realtor.org Link to Article A tougher call for younger house hunters, especially in California, if mortgage rates rise Buying a home is 23% cheaper than renting nationwide for millennials and now is the best time to buy since 2012 when interest rates were a tad lower. Trulia’s Rent vs. Buy Report has traditionally assumed […]

4/19/16 Single Family Market Update for the Greater Madison Region

Madison Metro Single Family Listings as of April 19th, 2016: Greater West Madison Metro Area: 780 Active Single Family Listings $0 – $199,999: 44 listings compared to 42 last week $200,000 – $299,999: 168 listings compared to 165 last week $300,000 – $399,999: 195 listings compared to 185 last week $400,000 – $499,999: 158 listings […]

Jobs Report Offers Hope for Inventory Crisis

Source: www.madison.com Link to Article The March jobs report showed an increase in employment within the construction sector, which could be a welcome sign that more inventory will soon be coming to the new-home housing market. Employment rose 215,000 in March as the unemployment rate remained at 5 percent, according to a report released Friday by […]

4/7/16 Condo Market Update for the Greater Madison Region

Madison Metro Condo Listings as of April 7th, 2016: Greater West Madison Metro Area: 382 Active Condo Listings $0 – $199,999: 147 listings compared to 143 last week $200,000 – $299,999: 71 listings compared to 72 last week $300,000 – $399,999: 66 listings compared to 67 last week $400,000 – $499,999: 48 listings compared to […]

Homeownership Rates Drop to Historic Lows; Middle Class Feels the Strain of Rising Rents

Harvard Research Center Releases The State of the Nation’s Housing 2015 Cambridge, MA – The fledgling U.S. housing recovery lost momentum last year as homeownership rates continued to fall, single-family construction remained near historic lows, and existing home sales cooled, concludes The State of the Nation’s Housing report released today by the Joint Center for […]

4/5/16 Single Family Market Update for the Greater Madison Region

Madison Metro Single Family Listings as of April 5th, 2016: Greater West Madison Metro Area: 736 Active Single Family Listings $0 – $199,999: 43 listings compared to 48 last week $200,000 – $299,999: 166 listings compared to 173 last week $300,000 – $399,999: 177 listings compared to 172 last week $400,000 – $499,999: 145 listings […]

Chris Rickert: Popular Madison has long way to go to meet need for affordable housing

Source: www.madison.com Link to Article     If a balanced rental market is one where 5 percent of apartments are vacant, then Madison — with a vacancy rate that hovers around 2 percent to 3 percent — has long been biased against affordable housing and in favor of landlords’ profits. All the cranes dotting Madison’s […]