Real estate tips and trends for Dane County and beyond. You can become a fan by searching for Property Trax on Facebook.

Property Trax: Rural land sales up 58% while average price dips in southwest Wisconsin — After rising steadily through much of last year and the first half of this year, average sale price for rural land in southwest Wisconsin took a tumble in the third quarter, while the number of sales saw a big increase.

Dane County September home sales down slightly, while prices rise — Dane County existing home and condominium sales fell 1.6 percent year-over-year in September, even as median sales price rose an inflation-beating 3.7 percent. There were 551 sales of single-family homes and condos in Dane County in September, compared with 560 in September 2013, according to the latest South Central Wisconsin MLS report.

Executive Q&A: Sean Baxter stressing customer experience as new president of Kayser Automotive Group — For the first time in nearly 30 years, Kayser Automotive Group, a Madison business institution since 1925, has a new president, as Sean Baxter replaces his father, Patrick, who bought the dealership chain in 1985. Sean Baxter, 36, took over as president on July 1.

Suttle-Straus president John Berthelsen retiring after leading company since 1981 — John Berthelsen, long-time president of Waunakee printer Suttle-Straus, will retire at the end of this year and be replaced by Ted Strauss, currently the company's executive vice president and chief operating officer.

Bergstrom Automotive acquires Ballweg Chevrolet in Middleton — Neenah-based Bergstrom Automotive has acquired the Ballweg Chevrolet franchise at 3605 Tribeca Drive in Middleton for an undisclosed sum, reopening it for business Thursday as Bergstrom Chevrolet of Middleton. The dealership will sell new and certified used vehicles with a service and parts department and an express lube facility, according to a joint news release.

Sun Prairie company to get $750K in state tax credits to expand plant, create 199 jobs — Thermal Spray Technologies, a developer of protective spray coatings for some of the world's top manufacturers, will get up to $750,000 in state tax credits to create 199 jobs -- more than doubling its workforce in three years -- as part of an $11.5 million expansion in the Sun Prairie Business Park.

MATC getting $1.2 million federal job training grant for health-related programs — Madison Area Technical College will use a $1.2 million federal grant to help paramedics gain the skills needed to become nurses faster and to create a new medical certificate that can be earned in a summer and has long been desired by employers in the insurance industry.

Regional new vehicle sales see strong September rebound — September new vehicle sales in south-central Wisconsin increased 20.69 percent compared with a year ago, according to Reg-Trak of Waterloo. Both car and truck sales contributed to the rise, as cars rose 8.82 percent to 1,616, compared with 1,485 in September 2013, and truck sales increased 29.06 percent to 2,718, the data showed.

CUNA Mutual Group to sell off crop insurance side business for $110M — Madison-based CUNA Mutual Group has made a deal to sell a crop insurance side business to HCC Insurance Holdings, Inc., a specialty insurer headquartered in Texas, for an estimated $110 million in cash, as the company increases its focus on its core products.

Sun Prairie product design firm tripling its space, expanding biotech services — Betting in large part on the booming biotech sector, engineering design firm InForm Product Development will spend $2.8 million to dramatically expand its footprint in Sun Prairie and nearly double its workforce, enabling new services including niche manufacturing for customers in the bioscience and lab equipment fields.
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Oct 22, 2014

Sell, rent or move in -- the 3 options for what to do if you inherit your parents' home. From PBS' Next Avenue blog.

Oct 20, 2014

WI Sept home sales see slight sales drop, modest median price rise. Big inventory difference in rural vs urban though

Oct 17, 2014

RT @StanHumphries: Fann/Fred deal may boost lending to low-credit/down-payment borrowers: Its already happening:

Oct 17, 2014

This could be big: It may soon be easier for those without perfect credit to get a mortgage, Wall Street Journo says.

Oct 15, 2014

SW WI rural land sales up 58% from 2nd to 3rd Q while av price falls, in year that "defies tradition," agent

Oct 14, 2014

RT @nytrealestate: Living next door to a construction site by choice: Photo: Kirsten Luce for NYT

Oct 14, 2014

RT @journalsentinel: Milwaukee council OKs measures to ease sale of empty school buildings

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