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…
The Two Big Issues the Housing Market’s Facing Right Now
For Buyers, For Sellers, Housing Market Updates, Interest RatesThe biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:“Two dynamics are keeping existing-home inventory historically…
Wondering What’s Going on with Home Prices?
For Buyers, For Sellers, Housing Market Updates, PricingThe recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.Local…
Should You Consider Buying a Newly Built Home?
First Time Home Buyers, For Buyers, Move-Up Buyers, New ConstructionIf you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.The Number of Newly Built…
Why It’s Easy To Fall in Love with Homeownership
First Time Home Buyers, For Buyers, Move-Up BuyersNo matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives…
What You Should Know About Closing Costs
First Time Home Buyers, For Buyers, Move-Up BuyersBefore you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time…
How To Win as a Buyer in Today’s Housing Market [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Move-Up BuyersSome Highlights
In today’s housing market, you can still be the champion if you have the right team and strategy.
To win as a buyer, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand…
Why Today’s Housing Market Isn’t Headed for a Crash
Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data…
How Experts Can Help Close the Gap in Today’s Homeownership Rate
Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up BuyersAs we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership…
You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]
Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up BuyersSome Highlights
Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
And with programs like FHA loans, VA loans, and USDA loans, some…
Experts Forecast a Turnaround in the Housing Market in 2023
For Buyers, For Sellers, Housing Market UpdatesThe housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation…