For Buyers - The McGrady Group

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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…

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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…

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

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

Some HighlightsHome affordability depends on three factors: mortgage rates, home prices, and wages.Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual.That’s…

The Top Benefits of Buying a Multi-Generational Home

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

Has 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 Buyers

If 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, Pricing

Even 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 Buyers

Some 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, Pricing

Over 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 Buyers

Buying 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. Buy

Some 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. Buy

If 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…