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 Homeowners Win When They Downsize
Demographics, For Buyers, For SellersDownsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like…
Why Buying a Home Makes More Sense Than Renting Today
Buying Myths, First Time Home Buyers, For Buyers, Rent vs. BuyWondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census…
Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, PricingSome HighlightsWith so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget.You can also work with a trusted lender to consider alternative financing options…
The Three Factors Affecting Home Affordability Today
First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, PricingThere’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability…
What Are the Experts Saying About the Spring Housing Market?
For Buyers, For Sellers, Housing Market Updates, Interest Rates, PricingThe housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage…
The Power of Pre-Approval
First Time Home Buyers, For Buyers, Move-Up BuyersIf you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also…
Why You May Want an Energy-Efficient Home [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Move-Up BuyersSome HighlightsSince inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home.Energy prices have increased over the last year, so look for energy-efficient features in your home search.If…
What’s the Difference Between a Home Inspection and an Appraisal?
For BuyersIf you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional…
5 Reasons Millennials Are Buying Homes
Demographics, First Time Home Buyers, For Buyers, MillennialsIn the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they…
Think Twice Before Waiting for Lower Home Prices
First Time Home Buyers, For Buyers, Housing Market Updates, Millennials, Move-Up Buyers, PricingAs the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something…