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…
How Buying a Multi-Generational Home Helps with Affordability Today
Demographics, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. BuyIn today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home. Some of them have found a solution in multi-generational living.Multi-generational living is when two or more adult generations live together…
Are Higher Mortgage Rates Here To Stay?
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest RatesMortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph…
The Difference Between Renting and Buying a Home [INFOGRAPHIC]
Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Rent vs. BuySome HighlightsWhen deciding between buying a home or renting, think about these three important factors.Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time.If you’re ready to…
Growing Your Net Worth with Homeownership
Buying Myths, For Buyers, Rent vs. BuyTake a moment to imagine where you want to be in a few years. You might be thinking about your job, money, wanting more stability, or goals you want to reach soon. Is homeownership a part of that vision? If it is, you should know owning a home…
The Latest Expert Forecasts for Home Prices in 2023
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersAre you thinking about making a move? If so, all the speculation that home prices would crash this year may have you feeling a bit on edge about your decision. Let the data and the experts reassure you. Prices aren’t in a downward spiral and…
Are Grandparents Moving To Be Closer to Their Grandkids?
Baby Boomers, Demographics, For Buyers, For SellersDuring the pandemic, many people distanced themselves from their loved ones for health reasons. Grandparents were told to stay away from their grandkids, especially as schools started to open. That’s because it would have been risky to visit…
How Homeowner Net Worth Grows with Time [INFOGRAPHIC]
Buying Myths, For Buyers, InfographicsSome HighlightsIf you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.On average, people who bought homes 32 years ago have seen their home’s value nearly…
Are You a Homebuyer Worried About Climate Risks?
Buying Myths, Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up BuyersThe increasing effects of natural disasters are leading to new obstacles in residential real estate. As a recent article from CoreLogic explains: “As the specter of climate change looms large, the world braces for unprecedented challenges.…
Understanding the Benefits of Owning Your First Home
Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up BuyersAre you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:“When asked why they purchased their first home recently,…
Unpacking the Long-Term Benefits of Homeownership
Buying Myths, First Time Home Buyers, For Buyers, Move-Up BuyersIf you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now. While those market factors are important, there's…