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…

Key Factors Affecting Home Affordability Today

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have…

Homeownership Wins Over Time [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers

Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide,…

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may…

3 Trends That Are Good News for Today’s Homebuyers

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during…

Taking the Fear out of Saving for a Home

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

If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. And to…

Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]

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

Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re…

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing

With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place…

What Happens to Housing when There’s a Recession?

For Buyers, For Sellers, Housing Market Updates, Interest Rates

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession…

Pre-Approval Is a Critical First Step on Your Homebuying Journey

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

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval…

What’s Ahead for Home Prices?

For Buyers, For Sellers, Housing Market Updates, Pricing

As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling…