It's Monday, let's talk about the market, shall we?

The data is showing us that we are slowly gaining listing inventory in the Madison area. However, that listing inventory is still at historic lows which is great news for sellers. The inventory shortage will be the key to figuring out whether the Madison area housing market will be affected by both inflation and the overall economy.

Without supply, the prices in Madison will either hold or will slightly increase despite what's happening in national markets. With a downward shift in pricing, Madison has had this advantage in the past; it helps us understand our future.

The economy and inflation will influence the overall spending power of the individual. Buyers are already adjusting their budgets accordingly and changing their home search.

So what keeps us strong?

Well, we're the capital city of Wisconsin, we have strong government jobs, health care jobs, and a lot of new biotech companies that are even stronger.

I hope this helps! We're glad you stopped by.