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…
How Smart Buyers Are Approaching Rising Mortgage Rates
Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022:
“The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage…
Don’t Believe Everything You Read: The Truth Many Headlines Overlook
Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Interest Rates, Pricing
There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise.
With all of this uncertainty, anyone with a megaphone – from…
Your Journey to Homeownership [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights
When it comes to buying a home, there are a number of key milestones along the way.
The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more.
When…
Home Sales About To Surge? We May See a Winter Like Never Before.
For Buyers, For Sellers, Housing Market Updates
Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S.…
Retirement May Be Changing What You Need in a Home
Baby Boomers, Demographics, For Buyers, For Sellers, Senior Market
The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center…
4 Things Every Renter Needs To Consider
First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy
As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter…
VA Loans: Helping Veterans Achieve Their Homeownership Dreams
Buying Myths, Down Payments, For Buyers, Time-sensitive
The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program:
“The objective of the VA Home Loan…
What’s Happening with Home Prices?
For Buyers, For Sellers, Housing Market Updates, Pricing
Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these…
Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates
First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months,…
Experts Project Mortgage Rates Will Continue To Rise in 2022
First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded,…