When you look up information about today's real estate market, it is all too easy to find doom and gloom articles. Why wouldn't it be? Inventory nationwide is at historic lows, rents are increasing, wages have not kept up with inflation, and new homes are not being built fast enough to keep up with demand, creating a perfect cocktail of unaffordability. For us in real estate, we see it all too much. Buyers are being priced out of the market at a rate that is astonishing to even those who have been in the industry for 20-plus years. Being a Gen-Z realtor, it is scary… Will my generation be able to purchase a home by the time we are in our 30s?

We need to emphasize that, yes, it is intimidating to purchase a home right now; it is a scary thought and, for

Buying a home can be an emotional roller coaster. The excitement. The stress. It brings about lots of feelings. You start by looking at listings online then you schedule showings. You finally find that one… the home that spoke to you and your partner. Everything felt right. You wrote a strong offer and beat out several other buyers. Your agent negotiated great terms on your behalf. And finally, you close and settle into your new home. 

The home felt like a blank canvas when you first saw it. Fresh neutral paint colors, no personal effects, lots of open space, etc… As you took possession of your new home and move your belongings into it, you begin to make it your own. Over time the process continues. You make some updates, some big, some small. Perhaps

If you're looking for someone to bring the natural beauty and character back to your hardwood floors, we highly recommend giving Jeff Shunk from Imperial Wood Floors a call. Jeff is the owner/operator who follows through on his commitments and is onsite when the work is done. 

He and his team recently brought this oak flooring back to life for one of our clients, and Jeff's work was a key reason why our clients sold their home quickly and for the full list price. You can call Jeff at 608-274-2821 for your own free estimate. We enthusiastically endorse Jeff for his service, communication, and dedication to his craft. Thank you Jeff! 

It's a time of scarcity for Dane County real estate. 

A scarcity of land to build on. A scarcity of materials and supplies to build new homes. And a scarcity of labor to do the work. 

One thing that is not in short supply is the number of people moving to Dane County. Our population continues to grow, and the options for homeownership aren’t keeping pace. Given this, we expect home and condo inventory will remain low and prices will remain high for the foreseeable future.

So when will it be a good time to buy real estate? We believe the best time to buy is right now. Not a year or two from now. And not when interest rates fall. Hoping and waiting for a better time to buy when both rates and prices are lower is likely to end in disappointment.

For all of us who are homeowners, we are fortunate.

Fortunate to have a place of our own and to experience pride of homeownership. Fortunate to live with prosperity built through home equity. Fortunate to have the privilege of passing our prosperity on to the next generation. And fortunate for all of the help we have received along the way. 

Prices will continue to rise. 

So why not do everything we can to help others become homeowners, too? 

Here are 5 things we can do to help others achieve their dream of homeownership:

• Support and get involved with homeownership initiatives like Own It: Building Black Wealth.
• Help an individual or a family that is struggling to buy a home by offering our financial assistance.
• Promote the wisdom

You may have heard that mortgage rates recently jumped above 7 percent, which is more than double the rate from less than 2 years ago. 

And if you're like many other people, today's higher rates may have you thinking about putting your home-buying plans on-hold. And understandably so. 

But it's very possible you could be missing out on a real opportunity by deferring your goals. Because now that rates are higher, you have fewer competing buyers to contend with. And the competition and bidding wars will surely increase once rates fall again. 

So, if you're an aspiring buyer, here are two key questions we have for you: 

If you could find a nice home this year and if you could afford it by living within your means...And if you could picture

If you're a numbers person, you might say the best time to buy a home would have been 11 years ago when the market bottomed out during the Great Recession. Since that time, Dane County home prices have risen by 94%. 

Or, put another way, if you purchased a Dane County home for $300,000 in 2012, that same home would be worth roughly $580,000 right now. 

But what about the future?

If home prices are so high right now, you might expect lower prices and more opportunities to buy right around the corner. After all, prices always do eventually fall. 

Our take is that although prices will eventually fall, we don't see this happening anytime soon. There are simply too many factors at work that will limit supply and maintain high prices for the

We live in an anxious world where the future often feels uncertain. So it's only natural that you will feel some anxiety, too, when you make the decision to buy or sell. After all, you are bound to have some high stakes questions. 

On the buying side

Will interest rates go up or down from here? 

Will you find the type of home that you're looking for? 

If you do find the right home, how much will it cost you? 

And on the selling side 

How much work will you need to put into your sale? 

And what will be your return on investment? 

At Mad City Dream Homes, we understand the prospect of buying or selling a home can feel overwhelming. Which is why we're always focused on giving you all of the time and attention you need throughout

The fall season is fast approaching, which means it's time to schedule your annual furnace maintenance. Two companies that we enthusiastically recommend are Brothers HVAC and Hillestad Heating & Cooling.

Both companies have support staff who make scheduling easy. And based on our experience, the technicians are professional, reliable, and effective communicators. As always, we recommend calling ahead and scheduling your service proactively. The best contractors are often booked several weeks out. 

Brothers HVAC: 608-291-0252 

Hillestad Heating & Cooling: 608-231-3888

We have a tendency to assume that the real estate market will act as it always has according to predictable patterns and cycles. But, we're in a new era for real estate. And what we're learning right now is that some of the old rules no longer apply. Here are 3 examples.

Old rule #1:

Prices go through regular boom and bust cycles based on having either too little or too much supply.

• New rule #1: Many systemic factors are at play which will limit supply indefinitely and keep prices high.

Old rule #2:

The springtime and the summertime tend to be the best times to buy a home in Dane County.

• New rule #2: In a perpetually low supply market like ours, buying a home is now a year-round endeavor. Your best opportunity could present