Real Estate

If you are a renter, you may have notice the cost of your rent keeps creeping up. According to rentjungle.com, the average price of a 2 bedroom apartment in the Madison area is currently $1140 per month, and 5 years ago it was $929 per month. This is an increase of almost 23% over 5 Read More

July home sales in Verona appear a bit strange looking at the statistics. The median price is down, the sale price to list price ratio is down, and home sales are down, but the market is on fire with the average house only lasting 11 days on the market prior to an accepted offer! Well, Read More

It seems the dream of many buyers is to have a home on several acres with some great views and privacy from neighbors. Well, if you’ve searched at all for properties like this, you know it’s difficult to find the right piece of land. It’s even more difficult to find the right house on the Read More

    In the current housing market, competing offers are not uncommon. We’ve had to turn away some very strong offers on our listings because other offers have better terms. We’ve also worked with several buyers who have recently had to compete for the home they really want. Here’s a few tips to help your Read More

You’ve probably heard by now that the real estate market is hot again. Since in we live in Verona and many of our sales are local, we will post monthly sales stats for Verona. If you live in surrounding areas such as Madison, Middleton, Oregon, Mount Horeb, etc feel free to contact us if you’d Read More

Good homes, appropriately priced, are moving fast. This is good news for sellers, but for us it means we can’t keep an inventory of available homes for sale. Our shortage of inventory is your gain! We will offer 1/2% reduction in our listing fee now through May 15, 2015. If you are considering selling your Read More

Spring is not far off, but the spring craziness in the housing market has already hit! Buyers are coming out of the woodwork and searching for homes. Good properties that are accurately priced are moving fast. Believe it or not, we are back to seeing multiple offers on houses, and the last open house we Read More

For several years through the real estate market downturn lenders were tightening up and putting more restrictions on mortgages. Recently things have changed and lenders have started to loosen mortgage qualification requirements. Four things currently making mortgages more affordable are: In December Fannie Mae and Freddie Mac announced that they would be offering a mortgage Read More

I often get frustrated with the way a large portion of our industry works. When you look at the way many real estate agents do marketing, you’ll notice that much of the marketing is agent focused rather than property focused. At the last brokerage we worked at before starting Great Rock Realty, most of the Read More

According to the Wisconsin Realtors Association statistics median house prices in the State of Wisconsin increased from $143,500 to $148,000 which is a 3% increase. In Dane County things were a slightly stronger with median prices rising 4% from $211,000 to $220,000. Statewide home values have increased year over year for 33 of the last Read More