Lake & City Views

Spring Decor

April 1, 7, 8, 15, 22, 28, 29

UW-Madison Arboretum Walks

Put some spring in your step, quite literally, at any of the upcoming walks at the Madison Arboretum. Each walk features a different theme and last for 90 minutes. Daytime walks begin at 1 p.m. and there are two evening walks this month on the 7th (beginning at 7 p.m.) and on the 28th (beginning at 6:30 p.m.). Entrance is free, there’s no need to pre-register, and you can find complete information at arboretum.wisc.edu.

 

April 3 through 8

Les Miserables

You don’t want to miss this musical when it’s in town! It’s a story of love and passion, dreams and sacrifice, all set in 19th-century France. Not only is it a Tony Award winner, but after 32 years, it’s still the world’s most

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March 5

Travel Adventure Film Series – “How to Travel the World for Free”

If you thought it was impossible to travel for free, comedian, Michael Wigge, is ready to prove you wrong. Watch his hilarious exploits at the Wisconsin Union Theater to find out how he ate, slept, and traveled to Antarctica without spending a dime of his own money.

Admission is $13 for the general public, with discounts available for students. The show starts at 7:30 p.m. with an optional buffet ($18) featuring dishes from Wigge’s travels beforehand. For more information, visit union.wisc.edu.

 

March 6, 13, 20, 27

March Live Acoustic

Get your live music fix every Tuesday at the Radisson Hotel’s Twist restaurant. Between 5 and 7 p.m., local musicians

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House in hand

A house is a complicated organism. Although you may have owned a home before, bear in mind that every house is different. Every house is unique and every house has its “quirks”. For first-time home buyers especially, there is a lot to know about your new home. That’s why we recommend that all our buyers attend their home inspection (using a WI registered home inspector) as an opportunity to learn as much as they can about their new-home-to-be. In addition to attending your inspection, it’s vital you study your inspection report and understand any recommendations your inspector makes regarding needed maintenance of your new home. You’ll want to make sure you also get answers to the following questions before you move into your new home:

  1. How many
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house and moneyAlthough some people are very successful at selling their own home, the process can be a literal minefield. Not only can it be very time-consuming, there are many mistakes unrepresented sellers (FSBO’s) can make, some of which can cost more than the commission FSBO’s may think they’re saving by not listing with a Realtor. A recent study by Collateral Analytics (CA) shows that unrepresented sellers not only do not save money on commissions, in some cases they may actually net substantially less than what they would have had they listed with a full service, licensed real estate agent.

In the study, CA analyzed home sales statistics in a variety of U.S. real estate markets in both 2016 and in the first half of 2017. The data revealed several key

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Last night I read an interview with a luxury home sales agent in Southern California.

The part of the piece that really jumped out at me was when the agent told the interviewer about how she marketed a particular luxury home by placing an ad in an in-flight magazine, “. . . which I paid for myself . . .”

Now, why would that line in particular catch my attention?

Because I was appalled.

Who else did she expect to pay for it? She was hired to market a home and, especially since it’s a luxury home, she’ll be paid a hefty sum for doing so.

Unfortunately, this is how some real estate agents think.

If they even have a marketing budget, they’ll cut corners in it wherever and whenever they can. They may even expect you, the homeowner, to

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February 2

Dublin Irish Dance – “Stepping Out”

You gotta love the fancy footwork of Irish dance and few do it better than Dublin Irish Dance.  "Stepping Out" takes you on a journey through pre-famine Ireland, “through the Great Hunger and crossing the Atlantic Ocean to arrive at Ellis Island.” The show starts at 8 p.m. at Wisconsin Union Theater. Get details and ticket information online at union.wisc.edu.

 

February 2 through February 4

Frozen Assets Festival

It’s the fourth annual outdoor winter festival on Lake Mendota! You’re invited to participate in a weekend-long party, including sleigh rides, ice skating, pond hockey and more. Get the details online at cleanlakesalliance.org.

 

February 2, 3, 7, 18 and 21

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Homes in Madison spend an average of 30 days on the market, according to the latest statistics. It is, by the way, the least amount of time homes have spent on the market in our MLS’ history.

Well-maintained, staged homes, in desirable areas, can sell within weeks, sometimes quicker. Luxury homes naturally take longer.

Let’s take a look at the answers to the most common question I receive from my home selling clients

The local economy' impact on home sales

Real estate is sensitive to the economic cycle and, when the economy slows down, so does the real estate market. Remember, real estate is local, so not only is it affected by the national economy (food prices, etc.) but on local economic factors as well.

When an area sheds jobs, for

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At Lake & City Homes we absolutely believe that homebuyers should create a list of the key features they want in a home. It not only helps them remain focused, but it helps us, as their agents, narrow down the choices of homes to tour.

The problem with the wish list is that too many buyers use it as a recipe for their perfect home – assuming that there is a home out there with all of the ingredients necessary.

Nothing could be further from the truth. In fact, with the depleted inventory of Madison homes we are currently experiencing (and have for the past seven years), our best advice to home shoppers is to replace your middle name with the word “compromise.”

In-demand Madison home features

The most popular features among the available

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A seller’s market is when there is less than six months of inventory on the market. In the Madison area we have been facing a severe shortage of inventory for the last seven (!) years. What are the reasons for these market conditions and why are they persisting?

Perhaps more importantly, what can a good real estate agent do to increase your chances of landing a great property in a multiple bidding situation.

The first reason we’re in a seller’s market is obvious: there is precious little inventory for sale. The question on everybody’s mind however, is why?

Why is there so little inventory?

What are the forces that have caused inventory to dry up to levels not seen in more than a decade? Why is it becoming more and more difficult for

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January 2 through January 7

RENT

It’s the 20th anniversary tour of this Pulitzer Prize and Tony Award®-winning musical and it’s heading for the Overture Center’s stage. If you haven’t seen it yet, this event is a must-attend. Get the details and buy tickets online at overture.org.

 

January 5, 2018 to January 7, 2018

Madison Home Expo

If 2018 is the year you plan on sprucing up the old homestead, get to the Madison Home Expo for ideas, advice and inspiration. Enjoy roofing, home security, flooring, insulation, landscaping tips and bathroom and kitchen remodeling topics. It’s happening at the Monona Terrace Convention Center - Exhibition Hall and Ballroom. Admission for adults is $5 and kids under 18 get in free. Check

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