First Time Home Buyers - The McGrady Group

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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…

Dane County Market Snapshot, Inventory Low, End of 2023

The McGrady Group 2024

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…

How To Approach Rising Mortgage Rates as a Buyer

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may…

Why Pre-Approval Is an Important Step for Today’s Homebuyers

Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers

Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your…

What Is Multigenerational Housing? [INFOGRAPHIC]

Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Senior Market

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying…

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers

If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring…

The Future of Home Price Appreciation and What It Means for You

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market…

Remote Work Trends Mean Flexibility for First-Time Homebuyers

First Time Home Buyers, For Buyers

Today’s low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you’re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at…

What You Need To Budget for When Buying a Home

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals…

Balancing Your Wants and Needs as a Homebuyer Today

First Time Home Buyers, For Buyers, Move-Up Buyers

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a…

There Are Several Great Reasons To Consider Buying a Condo Today

First Time Home Buyers, For Buyers, Pricing

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring…

A Key To Building Wealth Is Homeownership

First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy

The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of…