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Mad City Dream Homes Real Estate Blog, Madison WI

This year has been the most competitive real estate market we've ever witnessed in Madison. Due to persistently low inventory, many buyers have missed out on their dream home and are still searching for the right property, in the right location, and at the right price.

Fortunately the upcoming holiday season offers a window of opportunity for buyers who stay engaged with their search. That's because the market slows noticeably during the holidays, as fewer offers are written in November and December than in any other month of the year. Over the years we've identified two other market trends which demonstrate the opportunity that buyers have during the holiday season. 

1) Competing offers are less common during the holidays

The chart below

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As the seasons change from summer to fall, be sure to catch the leaves turn into their brilliant red, orange, and yellow hues. Check back for updates using the fall color report map at TravelWisconsin.com, which estimates that the Madison area will reach peak in mid-October. There are several spots throughout our Dane County Parks that we recommend for autumn color viewing, but these three stand out for their elevated, expansive views of the tree-filled landscape.


Lake View Hill Park

1202 Northport Dr., Madison: This park is home to the highest point on Madison's north side with gorgeous views of Lake Mendota and downtown. After meandering around the Dane County Human Services building (the former sanatorium) and checking out the newly restored

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Thinking of selling your home in the coming year? Below are 10 low-cost home improvement projects that add real value to your home. Over the years we've helped many sellers completely transform the look of their home by implementing these and similar projects. In some cases clients have increased their home's market value by tens of thousands of dollars through their sweat equity and only a minimal financial investment.   

10 low-cost home improvement projects

1) Replace dated bathroom mirrors, towel bars, and towel rings with newer and inexpensive pieces. This one simple change can dramatically improve the appearance of a dated bathroom. Our amazing stager, Debbie Lea, can show you which products to buy and where to buy them. Remember, we offer

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The season of pumpkins, mums, and changing leaves is here! Several communities in Dane County are preparing for their annual fall festivals with plenty of games, crafts, and autumnal treats for the whole family to enjoy. Mad City Dream Homes will also have a presence at one of these events on Friday, the second annual Verona Fall Fest.

Verona Fall Fest

When: 4-10 p.m. Friday, October 5
Where: Hometown USA Festival Park, 111 Lincoln St., Verona
Info: www.visitveronawi.com

Our Hometown real estate agent, Mark Hewitt, will be sponsoring a face painting booth for kids with free designs, including some to go along with the outdoor screening of the movie "Coco" that night, as well as candy and interactive games. Meanwhile, adults can check out a photo

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Each year the Madison real estate market slows down in September due to the Labor Day holiday and the back-to-school rush. We see this slow-down in both the single family home and condo markets. As an example, see the graph below which shows the number of accepted offers in the Madison condo market for each month in 2017. Notice how market activity dipped significantly in September and then bounced higher in October. This is a pretty typical pattern for our market. 

 

As expected, this pattern is repeating itself in 2018. The first half of September was a slow time for real estate, but now we're seeing market activity pick up again as we approach the month of October. 

October = Opportunity for Sellers

If you have a home to sell, you now know

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Summers in Wisconsin can be sweltering, and that often means electricity bills skyrocket with air conditioning units running to keep us cool and comfortable. But there are eco-friendly ways you can save money while staying safe this season. Leah Samson, residential services manager with Madison Gas and Electric (MG&E), shares the following energy tips and resources for homeowners.

Safety first!

  • If you smell natural gas, (yuck it stinks!) call your gas utility immediately. For MG&E it is (608) 252-1111.
  • Digging in your yard? Call 811 for the Diggers Hotline or visit www.diggershotline.com. Flags will be placed so you know where NOT to dig.

Be comfortable

  • Cook outside or with a microwave oven instead of a stove. Your AC unit will
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 The Blackhawk Ski Club is thriving and, as fall begins, the club is preparing to welcome new members. With six alpine skiing and snowboarding trails and miles of cross country skiing trails, more than 5 miles of mountain bike trails, 60 acres of land, even targets for biathlon participants, the club aims to make winter weather fun, and to make summer trails worth a visit, too. Blackhawk Ski Club is located in the Town of Middleton, on Blackhawk Road. It was founded 71 years ago by a group of ski jumpers who were seeking more space to practice. Today, the club sits next to Pleasant View Golf Course. It has expanded its offerings and aims to teach new generations to love the outdoors.

"I wanted my kids to learn how to ski, and this was the perfect

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For the last few summers we've invited our eldest niece stay with us in Madison for a weekend, and each time we try to do something new together. This year, in an attempt to captivate her 8-year-old interest (aside from her handheld gaming device), we decided to explore some sights on the city's east side.

After enjoying sandwiches and macaroni and cheese at Monty's Blue Plate Diner and checking out the rising lake levels at Olbrich Park, we headed across the street at dusk to Olbrich Botanical Gardens for its opening viewing of "GLEAM: Art in a New Light."

Before we got in line for admission we snapped a picture with the "Grow" Bucky on Parade statue in front of the building, which features textured poppy flowers, grass, roots, and clouds.

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On a sunny August morning, dozens of volunteers sporting green "Project Home" T-shirts surrounded a house on Madison's east side, paint brushes and ladders in hand. It was one of the stops for the nonprofit's 30th annual Paint-a-thon, an event that brings people of all ages together to give a new coat of paint to houses of local owners who could use some assistance. (Click here to view video.)

Project Home got its start in 1970 as a group of neighbors helping neighbors with their homes. Over the years as the needs have grown, it has added more trained and certified staff, but it still continues its mission to improve the quality and affordability of housing for low-to-moderate income residents in Dane and Green counties.

The painting program is

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Sometimes it takes a turn of events for you to find your passion. For Grant Priehs, a move to Madison was the impetus to explore new opportunities and do what he loves.

Priehs left work as an Art Director at a fast-paced marketing agency and began a successful career as a handyman in Madison. His company, Honey Do Handyman Services, has provided a rewarding way to help others. “Every homeowner has a list of things they notice every day - small tasks or updates that they just never get to; their ‘Honey-do’ list. But when you’re selling your home, you don’t want to have potential buyers leaving a showing with a dozen things they’ve noticed,” he says.

Priehs enjoys helping people complete projects they may not have the time or ability to complete on

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