Tuesday, July 09, 2019 / by Restaino Homes
Halfway Through 2019
Where Have We Been and Where Are We Going?
The first half of 2019 surprised housing markets across the country as, contrary to what experts had predicted, mortgage rates fell. This is welcome news for home buyers and home sellers alike. For buyers, more will qualify to buy homes and their monthly payments will be lower. For sellers, the increased number of qualified buyers means more competition which typically translates to faster sales. The current drop in interest rates is particularly important for sellers now, as rate increases over the past three quarters seem to have tempered the seller’s market which has existed since August of 2012. Buyers continue to compete for a short supply of homes, but we are seeing that the market isn’t quite as tilted in favor of sellers as it seemed in 2018.
Inventory has grown, not substantially, but steadily since the middle of February this year. We still see instances of multiple offers on home ...
Sunday, June 30, 2019 / by Restaino Homes
If you’ve given even a passing moment’s notice to Wisconsin politics lately, you’ll know that we have a new Governor, and a new state budget in the works. One of the items that Governor Evers is hoping to pass with the 2019-21 budget could benefit prospective home buyers. This item is called the First-Time Home Buyer Savings Account (FHBSA) and it could give first time buyers an easier way to save for a down payment on a home.
In an effort to address the rising costs of homeownership and large student loan balances that many of today’s first time buyers are carrying, the FHBSA would offer savers an easier path to a downpayment than traditional saving methods. In addition to being exempt from Wisconsin taxes (interest and capital gains are not subject to Wisconsin taxes) the FHBSA would offer the following benefits:
First time home buyers would be eligible to participate, in addition to any previous home owner who had not owned a single family home in the pas ...
Thursday, June 27, 2019 / by Restaino Homes
One of the reasons people love to call Madison and the surrounding Dane County area home, is that there is always something to do! Madison is a “community driven” city and not a moment of our precious summer weather is wasted. On any given weekend during the warmer months, you can find a festival or family-friendly event to get you out and about. We’ve provided a list of event highlights for the coming months, but this is by no means an all-inclusive list. If you’re looking for something to do – whether it’s a fitness boot camp or a cupcake tasting – check out Destination Madison for all of the area happenings.
June 29th – Shake The Lake – A fun night of music, food, beer, and (of course) fireworks!
July 6th – Westfest – A family-friendly festival with activities for all ages, food carts, and craft vendors.
July 11 – 14th – La Fete De Marquette – Family frien ...
Wednesday, June 12, 2019 / by Restaino Homes
As the awards continue to pile up, we at Restaino are proud as ever to call the Greater Madison Wisconsin area our home! In a May 2019 study, Madison was ranked the No. 3 city for jobs, social life, and affordable living after college graduation. The study was conducted by Apartment List and reported in the May 22 issue of USA Today. It analyzed the city’s population of young adults, unemployment rates for young adults with a bachelor’s degree or higher, affordability of rent, nightlife and recreational activities, and ease of meeting new people. Apartment List aggregated their data and then compared the numbers for 75 cities with Madison coming out on top. Employment opportunities and housing affordability are the two main reasons that Madison is so attractive to so many.
Need more reasons to love where we live? Also in May, the National Association of Realtors (NAR) ranked Madison, WI the number 6 most popular area in the country where Millennials move and stay. In the s ...
Wednesday, May 29, 2019 / by Restaino Homes
If you've considered a move to Madison, WI you're not alone! Madison consistently ranks high in National reports that evaluate cities for livability - it's a great place for families and recent college grads alike. Recently, it was voted the #1 city for jobs, social life, and affordable living after college graduation. Whether you enjoy the lakes, the free zoo, fab restaurants and microbreweries, the UW scene, or downtown arts and culture, Madison has something to offer everyone.
If you are contemplating a move to our area, we can help! Did you know that Restaino & Associates has a full time relocation department? We know Madison inside and out, plus we have great relationships with local businesses, employers, and other vendors to make your move a smooth one. Some of the services our relocation department provides include:
Personalized Relocation Guidance - Our relocation specialists provide families with support before and after their move. We will get to know you and ...