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Office Location Jolenta Averill, Broker|Owner
Lake & City Homes Realty
301 E Sunset Court
Madison, WI 53705
Phone: (608) 628-9701
Fax: (608) 230-5554

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Lake & City Homes Realty > Madison WI real estate blog

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Time Running Low on Tax Credit

Tuesday, April 13th, 2010 at 2:17pm. 207 Views, 2 Comments.

Madison homes for saleTwo days and counting until Tax Day! That means prospective homeowners better close the deal if they want to take advantage of the tax credit, which could return up to $8,000 to first-time home buyers and $6,500 to repeat buyers. Thankfully, qualified service members from the Armed Forces, intelligence community or The Foreign Service have an extra year to put this tax credit to use.

Homebuyers that meet one of those criteria and are on official extended duty, deadlines for the tax credit are extended. They have until April 30, 2011 to sign a binding sales contract that is closed by July 30, 2011.

Those considering home buying should seriously consider Wisconsin. Thanks to its mix of rural and urban areas, the state of Wisconsin has an attractive range of…

Open House: Affordable Maple Bluff bungalow!

Sunday, April 11th, 2010 at 9:10am. 211 Views, 0 Comments.

Madison homes for saleThere will be an open house held today from 12pm noon to 2pm at our new listing located at 633 N. Sherman Avenue in Maple Bluff. This adorable three bedroom, two bathroom bungalow with one car garage boasts a ton of updates and includes a long list of freebies to make your dream of home ownership an instant reality. We hope to see you there!

For details on all Maple Bluff homes for sale, please call or visit our Maple Bluff homes page.

HAFA: the new short sale panacea?

Monday, April 5th, 2010 at 5:40pm. 232 Views, 3 Comments.

Madison short salesToday is the deadline for participating banks and mortgage servicing companies to implement the Home Affordable Foreclosure Alternatives Program, otherwise known as HAFA. Starting today, the HAFA program may make a short sale (or deed-in-lieu of foreclosure) a much more viable option than ever before for homeowners who are "upside-down" on their homes. Will HAFA merely shine a ray of hope on the glut of short sale inventory or will it be a panacea for most short sales?

A short sale is a transaction in which the lender (or lenders) agree to accept less than the mortgage amount owed by the homeowner, thus potentially enabling a homeowner to avoid foreclosure. The HAFA Program, which takes effect today, April 5 2010, and sunsets on December 31st 2012,…

Last Minute Easter Activities in Madison

Friday, April 2nd, 2010 at 12:41pm. 165 Views, 0 Comments.

basket of Easter eggsEven though Easter is right around the corner, there are still many fun activities to be had in the Madison area! Start the Easter festivities a day early with the 8th Annual Easter Hat Parade on Saturday, April 3rd, 2010. Children can design their own hat and walk in the parade starting at the State Capital Building to Carroll Street. Registration and hat design begins at 10:00 a.m. at the Great Dane Pub and Brewing Company, along with activities including face painting and balloon sculptures beginning at 11:30. Prior to, an Easter egg hunt on the square will begin at 10:15. Baskets, bags, and containers should be brought to the hunt for collecting eggs. For more information, visit the Capital Kids website.


Eager children waiting to meet the Easter bunny…

There's No Better Time Than April to Buy a Home

Thursday, April 1st, 2010 at 9:58am. 298 Views, 2 Comments.

why April is the best time to buyFor those who have been considering buying a house, the month of April is shaping up to be the best time to do it. In fact, those who purchase a home in April are poised to save thousands or possibly tens of thousands of dollars when compared to those who wait until May. Therefore, for anyone who has been thinking about purchasing a home, April is the month to make it happen.
 
There are many reasons to seriously consider purchasing a home in April, but perhaps the biggest is the Home Buyer Credit. For those who qualify, the program can provide up to $8,000 worth of tax credits. Although the program has been extended through the month of June, homebuyers need to sign a purchase contract by the end of April in order to receive the credit. Since most buyers…

New! "Dog-friendly Condos" page

Tuesday, March 30th, 2010 at 2:26pm. 272 Views, 0 Comments.

dog-friendly madison condos for saleAre you a large dog lover who also happens to loves the condo lifestyle? Lake & City Homes Realty is pleased to announce the addition of it's new Dog-friendly Condos page located under the Popular Lifestyles section on our homepage. We originally wanted to name this page "Pet-friendly condos", but we discovered that it's much more difficult to locate condos whose associations permit large dogs than those who permit small pets only. So, to reiterate, our new pet-friendly condos page is reserved exclusively for Madison condos for sale whose associations permit large dogs (in addition, of course, to small dogs, cats, and other pets). We hope you'll find this page useful and a real time-saver!

For Madison condo statistics and condo availability, please contact…

New Listing - Maple Bluff bungalow!

Sunday, March 28th, 2010 at 10:22am. 313 Views, 1 Comments.

MLS #1588308Affordably priced at just $154,900, this charming, unspoiled Maple Bluff bungalow is the perfect starter home! It features a large screened-in front porch, beautiful original woodwork, oak and maple hardwood floors, a full basement, a fenced-in yard, and a one car garage. Originally a two bedroom home, a generous Master suite was added to the upstairs. It boasts a full tiled bath with jetted soaking tub, sitting area, recessed lighting, new windows and a second egress. The main floor bathroom has been tastefully remodelled and features beautiful iridescent tile. The kitchen comes with a full suite of appliances including a newer gas range. There is also a separate formal dining room located just off the kitchen adjacent to the living room. The house has…

New "walkable" homes quicksearch added

Wednesday, March 24th, 2010 at 8:35pm. 290 Views, 2 Comments.

walkable Madison homes for saleLake & City Homes is proud to announce the addition of its new Walkable Madison homes page. Now, in addition to being able to search by WalkScore, you can also instantly access a list of Madison homes for sale that are considered "highly walkable". What is a "highly walkable" home? Homes with a high degree of walkability are homes located in neighborhoods within close walking distance to businesses, shops, places of worship and dining. Although walkable homes are typically located in the older sections of cities, villages, and towns and may therefore have a smaller overall footprint, walkable homes are often more expensive to buy. A recent national study by CEOs for Cities states that walkable homes command a premium of anywhere between $4,000 and $34,000…

The 29th Annual Crazylegs Classic

Friday, March 19th, 2010 at 6:43pm. 193 Views, 1 Comments.

Crazylegs Lane, Madison WILooking for a great way to get back into shape before summer?  Support the University of Wisconsin–Madison Athletic Department and enjoy a pre-summer workout! The 29th Annual Crazylegs Classic takes place on Saturday, April 24th and features a scenic 8K run/wheelchair or a two mile walk that begins at the Capitol Square and ends with the final leg in Camp Randall Stadium.

The Crazylegs Classic idea was “hatched over a couple of beers” in 1981 by three Badger fanatics at a local bar. Tom Grantham, Ken Sparks, and Rich Bakus wanted to raise money for UW Athletics, the three approached then Athletic Director Elroy Hirsch for permission to name it the “Crazylegs Run” in his honor. Elroy Hirsch was an American football running back and…

What's on Tap for St. Patrick’s Day in Madison

Wednesday, March 17th, 2010 at 8:40am. 295 Views, 0 Comments.

images from Irelandimages from IrelandIf you missed the Madison parade and want to do a little more than going through the McDonald’s drive thru for a Shamrock shake, here are some fun activities in the Madison, WI area for St. Patrick’s Day:


Indulge in an Irish dinner at the Great Dane! They will be serving green beer, Irish food specials, and music from DJ Mike Carlson beginning at 9 p.m.


The Monona Terrace will be hosting an evening with rigel (Modern Celtic Music), that is free and open to the public! Themed menu specials, snacks, beer, cocktails, and soft drinks are available for purchase beginning at 5 p.m. Enjoy an evening of dancing and great music with friends!


The Overture Center on State Street hosts Danú, a leading Irish traditional ensemble!…

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