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…
The Top Benefits of Buying a Multi-Generational Home
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersHas the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at…
Are More Homeowners Selling as Mortgage Rates Come Down?
Buying Myths, For Buyers, Housing Market Updates, Move-Up BuyersIf you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale.The…
Experts Project Home Prices Will Increase in 2024
First Time Home Buyers, For Buyers, Housing Market Updates, PricingEven though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means…
Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Move-Up BuyersSome HighlightsBuying a home is a big deal and can feel especially complicated if you don't know the terms used during the process.If you want to become a homeowner this year, it's a good idea to learn these key housing terms and understand…
3 Key Factors Affecting Home Affordability
Buying Myths, For Buyers, Move-Up Buyers, PricingOver the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak…
Homeownership Is Still at the Heart of the American Dream
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersBuying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole…
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…
Ways Your Home Equity Can Help You Reach Your Goals
For Buyers, For Sellers, Move-Up BuyersIf you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this:“. . . your…