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…
Are Home Prices Going Up or Down? That Depends…
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, PricingMedia coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to…
Real Estate Is Still Considered the Best Long-Term Investment
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up BuyersWith all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the…
Reasons To Own Your Home [INFOGRAPHIC]
First Time Home Buyers, For Buyers, InfographicsSome HighlightsJune is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home.Owning a home not only makes you feel proud and accomplished, but it’s also a big step toward having…
The True Value of Homeownership
First Time Home Buyers, For BuyersBuying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides. Of…
Keys to Success for First-Time Homebuyers
Down Payments, First Time Home Buyers, For BuyersBuying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR)…
Owning a Home Helps Protect Against Inflation
First Time Home Buyers, For Buyers, Rent vs. BuyYou’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs…
Why Buyers Need an Expert Agent by Their Side
First Time Home Buyers, For Buyers, Move-Up BuyersThe process of buying a home can feel a bit intimidating, even under normal circumstances. But today's market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and…
Why Buying a Home Makes More Sense Than Renting Today
Buying Myths, First Time Home Buyers, For Buyers, Rent vs. BuyWondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census…
Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, PricingSome HighlightsWith so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget.You can also work with a trusted lender to consider alternative financing options…
The Three Factors Affecting Home Affordability Today
First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, PricingThere’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability…