March Broker Note

The Spring market is in full swing here in South Central Wisconsin! Buyer activity is remaining extremely strong, especially with the weather heating up causing more and more people to come out of winter hibernation every day. This is true with listing inventory, too. We have seen a great quantity of new listings join the market over the past few weeks, and we expect this to steadily increase throughout this Spring and Summer. With the new supply of inventory, you’d expect buyer demand to ease, but because hopeful new purchasers continue to join the market every day, on top of those who have been writing offers and losing over the past few months, competition is still very fierce.  

Housing remains a top priority for so many in the area. The most competitive homes seem to be those with privacy and extra square footage – with purchase trends now focusing on home office spaces, bonus areas to be used for playroom/school rooms or home gyms plus acreage and/or tree-lined yards. Though, there are enough purchasers out there in the market, and still a shortage of inventory, that ultimately any home priced right and move-in ready should sell in a reasonable timeframe. Our team loves working with sellers and buyers to understand the intricacies such as these with regards to supply, demand and pricing – reach out at any time. 

Posted by Alison Crim on
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