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…
Why Is Housing Inventory So Low?
For Buyers, For Sellers, Housing Market Updates, Interest Rates, New ConstructionOne question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy.…
Planning to Retire? Your Equity Can Help You Make a Move
Demographics, For Sellers, Selling MythsReaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited…
Why It’s Still a Seller’s Market Today
For Sellers, Housing Market Updates, Selling MythsEven though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. But what does that really mean for you? And why are conditions…
Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
For Sellers, Housing Market Updates, InfographicsSome HighlightsYour equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.Almost half of homeowners are equity rich because they have at least 50% equity…
How Inflation Affects the Housing Market
For Buyers, For Sellers, Housing Market Updates, Interest RatesHave you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship…
Buyer Traffic Is Still Stronger than the Norm
Demographics, For Sellers, Housing Market Updates, Selling MythsAre you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s…
Why You May Still Want To Sell Your House After All
Demographics, For Sellers, Selling MythsEven though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs…
Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
For Sellers, Housing Market Updates, Infographics, Selling MythsSome HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in…
More Jobs and Better Pay Leads to More Buyer Demand
For Sellers, Housing Market Updates, Selling MythsThere’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good…
Why You Need a True Expert in Today’s Housing Market
Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Selling MythsThe housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling…