It's safe to say that no one expected competing offers to increase when interest rates more than doubled, but that's exactly what's happening right now in our spring market. According to our preliminary data for the month of March, competing offers for single family homes are at an all-time high here in Dane County. 

While the competition for condominiums is at an all-time high, too. 

Why is the real estate market so competitive here in the Madison area?

This short article shares 9 reasons why competition remains strong and why we expect prices to continue to rise for the foreseeable future. 

Stay tuned for our upcoming home and condo market updates, which will provide much more insight into our spring market. And of course you can always call us with all of your real estate-related questions. We'd love to be a resource for you whenever you need a little guidance and a little help.