The Blog ofwww.eliteinmadison.com

A Tale of Two Markets

 [INFOGRAPHIC]Some Highlights:An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and...

The Benefits of a 20% Down Payment

The Benefits of a 20% Down Payment

If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save...

2 Trends Helping Keep Housing Affordable

2 Trends Helping Keep Housing Affordable

Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages...

Saving for a down payment?

Saving for a down payment?

How Quickly Can You Save Your Down Payment?Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices...

Owning Costs Less

Owning Costs Less

Renters Paying Substantially More While Owning Costs LessIn a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has...

Study on Inventory Shortage

Study on Inventory Shortage

New Study Reveals One Surprising Reason for the Inventory ShortageThere has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict...

Inventory is low.

Inventory is low.

With Inventory Low: Will Your Dream Home Need Some TLC?According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting...

Debating a home purchase?

Debating a home purchase?

3 Questions You Need To Ask Before Buying A HomeIf you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at...