Although no one can predict the future with certainty, we don’t expect local home and condo prices to fall anytime soon. Here are 9 key reasons why:
Why Dane County real estate prices will continue to rise
#1) Dane County’s rapidly-growing population
#2) Our region’s continued economic growth
#3) Madison’s national reputation
#5) Significant pent-up demand from motivated buyers
#6) Fewer people choosing to sell
#7) A limited supply of new construction homes
#8) A low supply of new construction condos
#9) Historically low levels of foreclosures
For much more background and supporting data, we invite you to check out our 2023 predictions on our blog. Or contact one of our full-time professionals with all of your real estate questions. We’re here to be a resource for you and help you plan for your future -- and never with any sales pressure or spin.
