We're beginning to see signs that more people may end up choosing to sell this year, based on our latest review of the Dane County real estate market. As the chart below shows, listings for existing single family homes are up noticeably during the first two months of the year, which is encouraging news for buyers. 

If you're someone who is aspiring to buy a home in 2024, this is a great reason for you to stay focused and committed to your search. You just never know when the right opportunity will present itself, and when a little good fortune will come your way. 

Contact us to discuss your homeownership goals. We would love to help you. 

We'd like to pass along that we continue to receive excellent feedback from our clients about Gorilla Movers, Above Average Moving, and A1 Movers. All three of these companies are easy to schedule and easy to work with -- and their crews take care of your precious cargo. 

One of the best ways we can be of service to you is to help you make good decisions. For example:

• What repairs and updates should you address before selling your home? 

• Should you enter the market right now or wait for the market to change? 

• Which lender should you use to finance your purchase?

• Should you write an offer on this property or keep searching for a better fit?  

Decisions like these often come with big consequences: Problems encountered versus problems avoided. Dollars spent versus dollars invested. And opportunities gained versus opportunities lost. For each decision you face, we're here to help you make the right call. 

Some people believe that it's nearly impossible to buy in this market. But we want you to know that you can achieve your homeownership goals when you have a good plan and the right team supporting you. 

Last year we helped 76 clients buy real estate across South Central Wisconsin, and we can help you and yours prepare for a successful purchase this year, too. When you embrace an action-oriented mindset and chip away at your goals each day, positive change can come your way sooner than you think. 

Call us to get started. We'd love to help. 

Buying a home isn't necessarily easy in this market, but it doesn't need to be a frustrating and exhausting experience, either. Just the opposite, it can be a rewarding and life-changing event when you embrace the right mindsets. Here are 5 key mindsets that will help you achieve your homeownership goals in our low inventory market. 

#1) Choose optimism over pessimism, and trust in the process. You'll find the right home when you have a good plan and the right team supporting you. 

#2) Be active, not passive. "Zillowing" and perusing properties online can be interesting and fun, but it won't necessarily get the job done. A better approach? Partner with professionals who actively work your plan for you. 

#3) Think 12 months, not 3. Buying a home

If one of your life goals is to become a homeowner, you might try embracing the mindset of "better over perfect". In other words, the home you buy this year may not be your perfect home, in your perfect location, and at your perfect price. But it can be the home that helps you create a better life -- and build a stronger financial foundation.  

Simply by paying your mortgage each month, and by making the right improvements, you can start building equity right now that will help you move up to your next home a few years down the line. You can experience your dream of homeownership, and you can start building wealth for your future, when you embrace better over perfect. 

Let's have a quick look at the numbers: Last year, Dane County's population grew by almost 8,000 people, and yet we built just under 1,300 homes. This is a very familiar pattern in Dane County. As the chart below shows, new home construction has been subdued for the last 18 years, even though our county has consistently ranked as one of the fastest-growing regions in the state. 

What does the future hold for Dane County?

While many counties in Wisconsin are experiencing population declines, it's important to note that Dane County's population is projected to grow by another 200,000 people over the next 30 years. For this and a host of other reasons, we fully expect local home values will continue to appreciate for the foreseeable future. 

Rates for a 30 year mortgage were approaching 8 percent just a few months ago, but now they're much closer to 6.5%. What new possibilities do lower rates create for you? Now is a great time to explore your opportunities with a trusted local lender. Contact your Mad City Dream Homes realtor for a referral to a lender who will help you understand your options and make good financial decisions. We'd love to help. 

 Chart and data are provided courtesy of the Freddie Mac Primary Mortgage Market Survey. 

It's true, buying a home can be a real challenge in this market. But with the right mindset and the right people supporting you, you can achieve your dream of homeownership. Here are 4 tips from our team that can help you make your homeownership dreams come true. 

#1) Invest in your personal and professional growth. You'll improve your mindset, your career opportunities, and your income when you're intentional about learning and growing each day. 

#2) Partner with an employer who will invest in your future. Yes, there are plenty of dead-end jobs out there. There are also some excellent employers in the Madison area who will fairly compensate you for your character and your work ethic. 

#3) Save and invest your money with the help of a financial

Would you have peace of mind?

Would you have financial peace? 

And would you be excited? 

We often ask our clients these 3 questions as they consider a big purchase. When they answer "yes" to all three, then that's a sign that they're about to make the right decision. 

These questions are a reminder to us that we all have important questions to address in every season of life. And there's no time like the present to reflect on the ones that help us choose a new and better direction.