If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Jo Ferraro- your professional Madison Wisconsin Real Estate Agent.
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a Madison home? Get a full home search hereSelling your Madison home? Get a free Home Price EvaluationToday, I wanted to give you a quick market update. Our listing inventory is very low, and the market is so competitive right now that we are running into buyers who cannot find their dream home for a price they can pay for.It's become very important for buyers to know about home remodeling and what your return on investment would be before you make a purchase.Before I was in real estate, I was an investor. I flipped homes and did complete remodel projects, so I'm very well-versed in what it takes to turn a less-than ideal situation in to your dream home. I can help you look at what you're going to spend, assess what the ROI would be, and determine whether a home is a good or bad investment.I recently had a client hire me for that exact reason. Their dream home simply wasn't available, and they needed to look at alternatives. Ultimately, it's all about our clients, their goals, and what's best for them.If you know anyone looking for their dream home, or if you have any questions about real estate, give me a call or send me an email.
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a Madison home? Get a full home search here Selling your Madison home? Get a free Home Price EvaluationI just wanted to take a moment to thank everyone for all of the support and all of the business and referrals that you have provided to us.Barbara Corcoran from the TV show, "The Shark Tank" recently endorsed our team, and we could not be more honored! I also got the chance to meet another star of "Shark Tank." Kevin O'Leary (Mr. Wonderful) was at a Mastermind event in San Diego, where I spoke with some of the brightest minds in real estate. Kevin shared with me that a successful business must provide value, a good service, and incredible results.So, we want to thank you for your help throughout all these years, and we promise to keep providing you with better and better service as time goes on.If you're looking to buy or sell in Madison, please don't hesitate to contact me!
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a Madison home? Get a full home search here Selling your Madison home? Get a free Home Price EvaluationOther than the fact that it's a beautiful day here in Southern Wisconsin, we have some great news for you today. Our real estate market has shifted, making now a wonderful time to consider selling.If you're curious about your home's value or if you want to get a market analysis for your area, we would love to help. Right now, our clients are getting 100% of their asking prices and are receiving multiple offers! Buyer activity continues to improve in the Madison area, so now might be the time to get top dollar for your home!We would love to help you take advantage of this wonderful market. Give us a call or shoot us a quick email if you have any questions - we would love to hear from you!
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } There are many great Madison, WI area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 608-205-1321 for a FREE home buying or selling consultation to answer any of your real estate questions.Today I'd like to talk to you about some challenges we are seeing in the mortgage industry from a buyer's perspective. Today we are here with trusted mortgage professional Bill Quigley of Network Funding. He has a few tips and insights about the mortgage lending world that he would like to share with us today. First, we want to talk to you about how remarkably fast Bill and his team are at repairing credit. Recently, he had a Madison buyer couple come to him who were already turned down by 2 lenders due to credit issues from past marriages. Bill was able to take them to his proprietary credit repair partner, who guarantees to repair credit in 30 days. Instead of not being able to qualify for a home, they are actually closing in 2 weeks. A lot of times, it takes people months to repair their credit, so the fact that they were able to do it in 30 days is absolutely incredible. If you've had credit issues in the past, don't give up. We are solution-oriented business people who just want to help.Now, let's talk about interest rates in Wisconsin real estate. They are still hovering right around 4%, near all-time lows. The Fed has been keeping rates low for some time now, but change is coming. They are easing up on their purchasing, which will cause rates to eventually rise. The good news is that you can lock in an incredibly low rate now. If you are thinking of buying a home in the next year, locking in a rate now may save you thousands of dollars in the future. Figure out your budgets and what you can afford, then come to us and we will help you lock in that low interest rate. There’s no telling what the future holds for interest rates in Madison, but the present says that now is the time to lock them in. If you have any questions for us, please feel free to reach out. We would love to help you out!Bill Quigley NMLS# 288189 | Mortgage Lender | Network Funding, LP NMLS# 2297 | 2417 Parmenter Drive, Middleton, WI. 53562 | 608.831.4663 | 608.836.1527 | * Bill@MadTownMortgage.com | www.MadTownMortgage.com |
There are many great Madison, WI area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 608-205-1321 for a FREE home buying or selling consultation to answer any of your real estate questions.Today I am going to talk about one of the most important steps in selling your Madison home: Pricing. Pricing your home correctly could be the difference between your home selling quickly or going stale on the market.While marketing and exposure are very important for selling your home, pricing is probably the #1 factor on whether or not you're going to be successful when you sell your home. The first step in finding the right price for your home is determining its market value. Your home's value is calculated by many things including location, interest rates, and what other homes are selling for in your area. It's constantly changing because the housing market, just like the stock market, fluctuates.One strategy home sellers try to use is pricing their home high to start off with, then lowering the asking price a little at a time. While you are more than welcome to use that strategy, my professional opinion is that it is not such a great idea. Statistics show that home sellers who initially price their home too high sell their home anywhere from 2-10% less than they would if they priced their home correctly in the first place. Another problem that overpricing can lead to is giving your property a bad reputation. Agents and buyers will look at a home if it has been sitting on the market for a long time and will immediately question it. They will think that something's wrong with the property, or the seller is reluctant to give up the house and this will clearly turn them off. By overpricing, you are also giving an advantage to the other similar homes in your area that are priced correctly. They will sell faster and likely for more money.To navigate these pitfalls and price your Madison home correctly, you need somebody on your side that knows the market in your area and can get you the most amount of money in the least amount of time. Give me or my team a call any time and we will be happy to give you an estimate on what we think your home could sell for. We do our research, look out for our clients, and sell over 100 homes a year, so we know what we are doing and can help you the best. Give us a call today or visit our website SoldInMadison.com
There are many great Madison, WI area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 608-205-1321 for a FREE home buying or selling consultation to answer any of your real estate questions.Trust Your Local Realtor for the Most Accurate Home ListingsMany of my clients here in Madison have been asking me about Zillow and Trulia, and they are wondering whether they are good resources for them to use. The short answer is NO, but let me explain why.There is nothing wrong with beginning a home search online, but you shouldn't expect to find your dream home off of Trulia or Zillow. The listing on these sites are notoriously inaccurate and outdated. Clients will occasionally ask to see a home, and when I search the MLS I have to tell them that the property they found on Zillow is actually not for sale anymore. In today's fast-moving real estate market it is very important to get accurate information. These websites also offer home value estimators, but these are also very inaccurate. Some experts claim that these values can be as much as 90% off. When these websites spit out home values, they are only taking your local area and giving you an average home price. They are not relating it to relevant market conditions, and this often leads to a very bad home pricing.Your best bet is to simply rely on your local Realtor here in Madison. I have access to updated home listings through the MLS and I can give a very accurate price on your home. Instead of wasting your time online, contact me and jump start your home search today.
There are many great Madison, WI area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 608-205-1321 for a FREE home buying or selling consultation to answer any of your real estate questions. 3 Key Factors to Selling Your Home this Spring and SummerI have had a lot customers asking me whether or not it is a good time to sell here in South Central Wisconsin. Many of my clients are wondering whether they should sell their homes now or wait until the summer, and there are 3 factors that might aid you in making this decision.Listing inventory is extremely low: This is creating multiple offers for sellers and causing their final home prices to increase. Also, home prices have increased by 5% from last year, especially in Dane County. Interest Rates: Interest rates are still historically low, with the average being 4.3% depending on your credit score. However, this is expected to increase by at least 1% to around 5.5%.What this means is that if you wait to buy, it's going to cost you. Let's say that you got a $400,000 dollar loan on a home. If the current interest rate went up by 1%, you would be paying an extra $200 per month on your mortgage, and you would also be spending an extra $87,000 over the life of the loan! That is huge.Timing Your Listing Well: Putting your home on the market when there is not a lot of other competition will give you more leverage and allow you to get a better selling price for your home. It's also important to put your home on the market when buyer activity is high, and buyer activity here in the Madison area is very high right now. Low interest rates are spurring buyers that were formerly undecided to search for homes because they are more affordable than ever. What it really comes down to is what works for you, and how we can get your home sold in the least amount of time with the least amount of stress, but also for the most amount of money. If you're unsure about selling your home, please contact me for a free market assessment. I would love to sit down and talk about what we can do to sell your home in our local market here in the Madison area.