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…
On the Fence of Whether or Not To Move This Spring? Consider This.
For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can…
Where Are Mortgage Rates Headed?
For Buyers, Housing Market Updates, Interest Rates
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American:
“You know, the fallacy of economic forecasting is: Don’t ever try and forecast…
Using Your Tax Refund To Achieve Your Homeownership Goals This Year
First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring…
The Future of Home Price Appreciation and What It Means for You
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago.
However, experts say the market…
Remote Work Trends Mean Flexibility for First-Time Homebuyers
First Time Home Buyers, For Buyers
Today’s low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you’re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at…
What You Need To Budget for When Buying a Home
Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals…
Balancing Your Wants and Needs as a Homebuyer Today
First Time Home Buyers, For Buyers, Move-Up Buyers
Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a…
There Are Several Great Reasons To Consider Buying a Condo Today
First Time Home Buyers, For Buyers, Pricing
If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.
Here are a few reasons condos may be something you’ll want to consider.
Exploring…
What’s Happening with Mortgage Rates, and Where Will They Go from Here?
For Buyers, Housing Market Updates, Interest Rates, Pricing
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago.…
A Key To Building Wealth Is Homeownership
First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy
The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of…