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 Drop in Mortgage Rates Brings Good News for Homebuyers
First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across…
What Does an Economic Slowdown Mean for the Housing Market?
For Buyers, Housing Market Updates, Interest Rates
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order…
Is Homeownership Still the American Dream?
First Time Home Buyers, For Buyers
Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership…
Real Estate Consistently Voted Best Investment [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights
Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row.
Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s…
Homeownership Could Be in Reach with Down Payment Assistance Programs
Buying Myths, Down Payments, For Buyers
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home.
If you feel…
A Key Opportunity for Homebuyers
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity…
Two Reasons Why Today’s Housing Market Isn’t a Bubble
For Buyers, For Sellers, Housing Market Updates, Pricing
You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred…
Homeownership Is a Great Hedge Against the Impact of Rising Inflation
First Time Home Buyers, For Buyers, Pricing
If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB):
“Consumer prices accelerated again in May as shelter,…
Things To Avoid After Applying for a Home Loan
First Time Home Buyers, For Buyers, Move-Up Buyers
Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things…
Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans
First Time Home Buyers, For Buyers, Housing Market Updates
Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households…