Husky Homes Blog - Blog Archive: September, 2023

As the leaves begin to change and a crispness fills the air, many people might think it's time to pack away their real estate dreams until the next spring market rolls around. However, savvy buyers and sellers know that autumn can be an ideal time to make a move in the real estate market. In this blog post, we'll explore some compelling reasons why you should consider buying and selling in the fall market.

  1. Less Competition: One of the most significant advantages of the fall real estate market is the reduced competition. With the majority of buyers and sellers opting for the spring and summer months, the fall market offers a less crowded playing field. 
  2. Serious Buyers and Sellers: Fall attracts a more focused and motivated group of buyers…

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Jonathan at the corn festivalWhen it comes to celebrating culture and community, the Sun Prairie Sweet Corn Festival's first annual Culture Fest, sponsored by myself, Husky Homes, and Briarpatch Youth Services, was an event to remember. This family-friendly extravaganza brought together music, speakers, awards, and a vibrant sense of unity that left everyone in attendance with lasting memories.

Music That Moved the Crowd

One of the highlights of the Culture Fest was the incredible music provided by DJ Terrance Thompson. His beats and rhythms kept the crowd dancing and grooving all day long. From timeless classics to the latest hits, DJ Terrance Thompson knew how to set the mood and keep the energy high throughout the festival.

An Unforgettable Performance by The Goddess…

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If you own a home in the greater South Central Wisconsin area, you are very fortunate to have reaped the benefits of the unprecedented price appreciation from over the past few years. In Dane county, we’ve seen the median home price consistently increase by 5-10% every year – some of the most desirable neighborhoods and properties have had prices increase by +15%! This pushes up the estimated valuation of the surrounding, comparable homes, simultaneously increasing home equity for the homeowners.

It’s been a humbling experience to help first home buyers purchase a home with 3-5% down, and then re-sell that home 2-5 years later with more than enough equity to leverage to purchase their next, more expensive home with over 20% down. Local homebuyers are…

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Mortgage Rates: Past, Present, and Possible Future

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into where mortgage rates might go in the near future.

Giving Context to the Sticker Shock

Freddie Mac has been tracking the 30-year fixed mortgage rate since April of 1971. Every week, they release the results of their Primary Mortgage Market Survey, which averages…

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Expert Home Price Forecasts Revised Up for 2023

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong.

While there was a slight home price correction after the sky-high price appreciation during the ‘unicorn’ years, nationally, home prices didn’t come crashing down. If anything, prices were a lot more resilient than many people expected.

Let's take a look at some of the expert forecasts from late last year stacked against their most recent forecasts to show that even the experts recognize they were overly…

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In a world of streaming and Amazon Prime, we have gotten used to instant gratification.

So it's no wonder some first time home buyers hesitate before investing in real estate.

"I mean, aren't things really expensive right now?"

"Shouldn't I wait until interest rates go down?"

"My rent is about the same as my mortgage payment would be and I don't have to fix any broken appliances."

I get it. Instant, short term, quick wins are very tempting (and in a lot of cases, great options!)

But homeownership isn't a short game. It's not a shortcut to wealth. It's a long game.

You may not feel "wealthy" six months in...2 years in...or even 5 years in. But over time your home value will most likely appreciate significantly.

In fact,…

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