Author: Seth Pfaehler
A Smaller Home Could Be Your Best Option
Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:
The Two Big Issues the Housing Market’s Facing Right Now
The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:
Westmorland
The Westmorland neighborhood is a residential area located on the near west side of Madison, Wisconsin. It is bounded by University Avenue to the north, Midvale Boulevard to the east, Mineral Point Road to the south, and Whitney Way to the west. The neighborhood is situated just west of the University of Wisconsin-Madison campus and is approximately 3 miles from the city’s downtown area.
The Westmorland neighborhood is known for its tree-lined streets, well-maintained homes, and family-friendly atmosphere. It features a mix of single-family homes and duplexes, with a range of architectural styles, including Colonial Revival, Tudor Revival, and Ranch. The neighborhood is also home to a number of parks, including Westmorland Park, playground, and athletic fields.
Westmorland Park also hosts a popular weekly farmers’ market during the summer months, where local farmers and vendors sell fresh produce, baked goods, and other items. In addition, the neighborhood is home to a number of restaurants and businesses, including coffee shops, grocery stores, and specialty shops.
Overall, the Westmorland neighborhood is a highly sought-after area in Madison, WI, offering residents a convenient location, well-maintained homes, and a variety of amenities.