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…
The True Cost of Selling Your House on Your Own
For Sellers, FSBOs, Selling MythsSelling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently…
Eco-Friendly, Energy-Efficient Homes Attract Buyers
For Sellers, Housing Market UpdatesAre you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true as summer officially kicks off.In fact, the 2023 Realtors and Sustainability…
Why the Median Home Price Is Meaningless in Today’s Market
For Buyers, For Sellers, Housing Market Updates, PricingThe National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release,…
Why Buying or Selling a Home Helps the Economy and Your Community
For Buyers, For SellersIf you're thinking about buying or selling a house, it's important to know that it doesn't just affect your life, but also your community.The National Association of Realtors (NAR) releases a report every year to show how much economic activity…
A Drop in Equity Doesn’t Mean Low Equity
For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, PricingYou may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline,…
Your Needs Matter More Than Today’s Mortgage Rates
For Buyers, For Sellers, Interest Rates, Move-Up BuyersIf you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not…
Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]
For Buyers, For Sellers, Foreclosures, Housing Market Updates, Infographics, PricingSome HighlightsComparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years.Expect unsettling housing…
This Real Estate Market Is the Strongest of Our Lifetime
For Buyers, For Sellers, Housing Market UpdatesWhen you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our…
Oops! Home Prices Didn’t Crash After All
For Buyers, For Sellers, Housing Market Updates, PricingDuring the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts:Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business:“I…
Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off
For Buyers, For Sellers, Foreclosures, Housing Market Updates, PricingComparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant…