Madison Area Real Estate News

Here are a few important things sellers should know when it comes to working with current homebuyers. 1. Price is king.  Buyers are still wary about the market and overpaying for a home. They know many buyers overpaid in the mid 2000s and then found themselves underwater when home prices dropped. They also know others who have bought foreclosure or short sale properties more recently. Yes, neighborhoods and school districts matter greatly, but the ultimate filter will be price. 2. Buyers begin their shopping online.  According to the 2012 Profile of Buyers and Sellers from the National Association of Realtors®, for 41% of homebuyers, their very first stop in the home buying process is the Internet. In their search, they set filters for homes they want to see, such as price, bedrooms, and garage spaces. That is wonderful news if a seller's home is priced correctly—it will come up in the initial search. However, it also means that if a property starts out overpriced to "test...

State Street in  Madison, WI , makes both a symbolic and literal connection between a university and its city. Set in the city's historic downtown, on an isthmus between two scenic lakes, the iconic street is lined with shops, galleries and restaurants, and links the University of Wisconsin to State Capitol Square. Students, residents, and tourists frequent this pathway of commerce and entertainment. State Street gives visitors a taste of the city's cultural and epicurean offerings, which include craft beer pubs,  music venues , art galleries and shopping centers. Madison's high concentration of independent restaurants helped it land on our  Top 10 Foodie Cities 2013  list. University officials strongly support a tradition known as the Wisconsin Idea, which stems from a political philosophy that education should improve people's lives beyond the classroom, and have embarked on a mission to incorporate community partnerships into course work. The university's Morg...