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 Inflation Affects the Housing Market
For Buyers, For Sellers, Housing Market Updates, Interest RatesHave you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship…
Gen Z: The Next Generation Is Making Moves in the Housing Market
Buying Myths, Demographics, First Time Home Buyers, For BuyersGeneration Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association…
Why You Need a True Expert in Today’s Housing Market
Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Selling MythsThe housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling…
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
Buying Myths, For Buyers, Interest RatesIf you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s…
Why Median Home Sales Price Is Confusing Right Now
Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling MythsThe National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned.…
People Want Less Expensive Homes – And Builders Are Responding
For Buyers, Housing Market Updates, Interest Rates, PricingIn today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges,…
Don’t Expect a Flood of Foreclosures
Buying Myths, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Selling MythsThe rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon.…
Where Are People Moving Today and Why?
Buying Myths, First Time Home Buyers, For BuyersPlenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new…
Home Prices Are Back on the Rise [INFOGRAPHIC]
For Buyers, For Sellers, Housing Market Updates, Infographics, PricingSome HighlightsLooking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.If you’ve put your plans to move on pause because you were worried about home…
The Value of an Agent When Buying Your New Construction Home
Buying Myths, First Time Home Buyers, For BuyersBuying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the complexities of buying a home that’s under construction can…