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…
Buy Now, or Wait?
Buying Tips, For Buyers, Infographics, Mortgage RatesSome HighlightsIf you’re wondering if you should buy now or wait, here’s what you need to know. If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you…
Don’t Fall for These Real Estate Agent Myths
Agent Value, Buying Tips, For Buyers, For Sellers, Selling TipsWhen it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes.As you figure out who you’ll…
Why Buying Now May Be Worth It in the Long Run
Buying Tips, Equity, First-Time Buyers, For Buyers, Home PricesShould you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your…
The Down Payment Assistance You Didn’t Know About
First-Time Buyers, For BuyersBelieve it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below):Here’s what…
Lower Mortgage Rates Boost Your Buying Power
For Buyers, Infographics, Mortgage RatesSome HighlightsMortgage rates are trending down and that’s great news for your bottom line.As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power.If…
The Latest Builder Trend: Smaller, Less Expensive Homes
Affordability, For Buyers, New ConstructionEven though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these…
Mortgage Rates Drop to Lowest Level in over a Year and a Half
For Buyers, For Sellers, Mortgage RatesMortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment.Even a small decline in rates could help you get a better monthly payment…
The Best Time To Buy a Home This Year
Buying Tips, For Buyers, Inventory, Mortgage RatesA shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy…
What To Know About Closing Costs
Buying Tips, For BuyersNow that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process. And while your down payment is probably the number one expense on your…
The Real Story Behind What’s Happening with Home Prices
For Buyers, For Sellers, Home PricesIf you’re wondering what’s going on with home prices lately, you’re definitely not the only one. With so much information out there, it can be hard to figure out your next move.As a buyer, you might be worried about paying more than you…