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…
Knowledge Is Power When It Comes to Appraisals and Inspections
Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider…
Important Distinction: Homes Are Less Affordable, Not Unaffordable
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates
It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize…
Looking To Move? It Could Be Time To Build Your Dream Home.
For Buyers, For Sellers, Move-Up Buyers, New Construction
While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and…
What Does the Future Hold for Home Prices?
Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths
If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue…
Homebuyer Tips for Finding the One [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights
The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track.
Because of increased demand, you’ll need to be patient and embrace compromises during your…
The Big Question: Should You Renovate or Move?
For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following:
70% of respondents want…
Don’t Wait for a Lower Mortgage Rate – It Could Cost You
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers…
Experts Agree: Homeownership Provides a Path to Long-Term Wealth
First Time Home Buyers, For Buyers, Rent vs. Buy
A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include:
The flexibility to make the space your own
The…
111,285 Reasons You Should Buy a Home This Year
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.
According to the latest research from the National Association…
What Do Supply and Demand Tell Us About Today’s Housing Market?
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item…