For Buyers - The McGrady Group

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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…

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…

Lending Standards Are Not Like They Were Leading Up to the Crash

For Buyers, For Sellers, Housing Market Updates

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help…

Why Homeownership Wins in the Long Run

First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important…

Homeownership Helps Protect You from Inflation [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy

Some HighlightsWondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady.Rents typically increase with inflation. Maybe…

What Homebuyers Need To Know About Credit Scores

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

If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back…

Why the Median Home Price Is Meaningless in Today’s Market

For Buyers, For Sellers, Housing Market Updates, Pricing

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release,…

Saving for a Down Payment? Here’s What You Need To Know.

Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers

If you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how…

How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC]

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

Some HighlightsIf you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the…

Why Buying or Selling a Home Helps the Economy and Your Community

For Buyers, For Sellers

If you're thinking about buying or selling a house, it's important to know that it doesn't just affect your life, but also your community.The National Association of Realtors (NAR) releases a report every year to show how much economic activity…

A Drop in Equity Doesn’t Mean Low Equity

For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline,…

Your Needs Matter More Than Today’s Mortgage Rates

For Buyers, For Sellers, Interest Rates, Move-Up Buyers

If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not…