For Buyers - The McGrady Group

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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…

Dane County Market Snapshot, Inventory Low, End of 2023

The McGrady Group 2024

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…

Home Price Appreciation Is Skyrocketing in 2021. What About 2022?

For Buyers, For Sellers, Housing Market Updates, Pricing

One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here…

5 Reasons Today’s Housing Market Is Anything but Normal

For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market…

What You Can Do Right Now To Prepare for Homeownership

Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy

As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the…

What Buyers and Sellers Need To Know About the Appraisal Gap

Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it…

The Difference in Net Worth Between Homeowners and Renters Is Widening

First Time Home Buyers, For Buyers, Rent vs. Buy

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their…

If Housing Affordability Is About the Money, Don’t Forget This.

First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy

There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s…

What Do Experts Say About Today’s Mortgage Rates?

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford…

Options for First-Time Homebuyers [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics

Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and…

More Young People Are Buying Homes

Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Rent vs. Buy

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist…

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand