Madison’s Challenge: Escalating Prices & Sluggish Listings
Dane County Market Analysis, Housing Market Updates, Interest Rates, Market Updates, McGrady Group Blog, Pricing, Time-sensitive
Here at The McGrady Group, we love digging into the data to determine how national headlines apply to us in South Central Wisconsin. Our latest analysis delves into how Dane County’s robust employment but lackluster listing quantity influences…
Let’s Navigate the 2024 Dane County Market Together
Dane County Market Analysis, For Buyers, For Sellers, Housing Market Updates, Industry News, Interest Rates, Market Updates, Pricing
With a competitive 2024 market upon us, The McGrady Group is excited to help our clients balance rising home prices, dynamic interest rates, and low inventory levels. The housing market's current stability, driven by economic factors and population…
Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]
Buying Myths, For Buyers, Housing Market Updates, Infographics, Pricing, Rent vs. BuySome HighlightsIf you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.Based on that forecast, if you bought a $400,000 house this year, experts say…
The Dramatic Impact of Homeownership on Net Worth
Buying Myths, First Time Home Buyers, For Buyers, Rent vs. BuyIf you're trying to decide whether to rent or buy a home this year, here's a powerful insight that could give you the clarity and confidence you need to make your decision.Every three years, the Federal Reserve releases the Survey of Consumer…
Avoid These Common Mistakes After Applying for a Mortgage
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersIf you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply…
What Lower Mortgage Rates Mean for Your Purchasing Power
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersIf you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are…
Why Pre-Approval Is Your Homebuying Game Changer
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersIf you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re…
What You Need To Know About Saving for a Home in 2024
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersIf you’re planning to buy a home, knowing what to budget for and how to save may sound intimidating – but it doesn’t have to be. One way to ease those concerns is to make sure you understand some of the costs you may encounter up front. And…
Get Ready To Buy a Home by Improving Your Credit Score
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersAs the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it's never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid credit score.Lenders…
These Non-Financial Benefits Turn a House into a Happy Home
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersThere’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of homeownership are important, the non-financial and…
What You Need To Know About Down Payments [INFOGRAPHIC]
Buying Myths, First Time Home Buyers, For Buyers, InfographicsSome HighlightsIf you want to buy a home, you may not need as much for your down payment as you think.There are various loan options for qualified buyers with down payments as low as 3.5% or even no down payment requirement. There are also thousands…
Down Payment Assistance Programs Can Help Pave the Way to Homeownership
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersIf you’re looking to buy a home, your down payment doesn’t have to be a big hurdle. According to the National Association of Realtors (NAR), 38% of first-time homebuyers find saving for a down payment the most challenging step. But the reality…