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…
Why Buying Now May Be Worth It in the Long Run
Buying Tips, Equity, First-Time Buyers, For Buyers, Home PricesShould you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your…
The Down Payment Assistance You Didn’t Know About
First-Time Buyers, For BuyersBelieve it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below):Here’s what…
What Credit Score Do You Really Need To Buy a House?
Agent Value, Buying Tips, First-Time Buyers, For BuyersWhen you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle. Think of it like your financial report card that lenders look at when trying to figure out if you qualify, and which home loan will work…
The Price of Perfection: Don’t Wait for the Perfect Home
Agent Value, Buying Tips, First-Time Buyers, For BuyersIn life, patience is a virtue – but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn't wise. That’s because the pursuit of perfection comes at a cost. And in this case, that cost may be delaying…
What You Need To Know About Today’s Down Payment Programs
Buying Tips, First-Time Buyers, For BuyersThere's no denying it's gotten more challenging to buy a home, especially with today's mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s…
Savings Strategies Every First-Time Homebuyer Needs To Know
Buying Tips, First-Time Buyers, For BuyersIf homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more. Here are a few strategies…
The Wealth-Building Power of Homeownership [INFOGRAPHIC]
Equity, First-Time Buyers, For Buyers, InfographicsSome HighlightsIf you’re trying to decide if buying a home is worth it, consider the long-term benefits, like building equity as home values grow over time.According to the FHFA, home values have increased by 315.7% since 1991.Home equity…
Why a Condo May Be a Great Option for Your First Home
Buying Tips, First-Time Buyers, For BuyersHaving a hard time finding a first home that's right for you and your wallet? Well, here's a tip – think about condominiums, or condos for short.They're usually smaller than single-family homes, but that's exactly why they can be easier on…
The Top 2 Reasons To Consider a Newly Built Home
Buying Tips, First-Time Buyers, For Buyers, Inventory, New ConstructionWhen you’re planning a move, it’s normal to wonder where you’ll end up and what your future home is going to look like. Maybe you’ve got a specific picture of that house in your mind. But unless you came into this process knowing you…
Tips for Younger Homebuyers: How To Make Your Dream a Reality
First-Time Buyers, For BuyersIf you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage…