It's going to be another wild and crazy year for real estate in 2017. Low supply will be the HUGE theme as the weather starts to warm. If you're serious about buying in 2017, you'll need to go "all in". The market is already playing its hand this year - and supply is trending lower. Here is some quick insight into the inventory trends at play in the Madison area real estate market.
Madison Single Family Home Inventory is Historically Low
Right now there are only 1.1 months of inventory in the Madison single family home market. Last year at this time there were 1.6 months. What's more, active MLS listings are down 20% from where they were last year. Almost one-third of the listings on the market right now are under contract (a very high percentage
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