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…
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…
How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights
With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control.
Energy efficiency can help lower your utility bills and possibly even…
What You Can Expect from the Spring Housing Market
For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation,…
What You Need To Know if You’re Thinking About Building a Home
For Buyers, Housing Market Updates, Move-Up Buyers, New Construction
If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue.…
The Many Benefits of Homeownership
First Time Home Buyers, For Buyers, Rent vs. Buy
The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But homeownership has so much more to offer. Here’s a look at a few of the non-financial and financial…
Did Your Dream Home Just Come on the Market?
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes…
Are You Wondering if This Is the Year To Buy a Home?
First Time Home Buyers, For Buyers, Rent vs. Buy
Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced…
Don’t Get Caught Off Guard by Closing Costs
First Time Home Buyers, For Buyers, Move-Up Buyers
As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their…
Key Terms for Homebuyers [INFOGRAPHIC]
Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights
Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford.
Terms like appraisal (what lenders rely on to…