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…
Sellers: Make Today’s Home Price Appreciation Work for You
For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should…
Home Sellers: There Is an Extra Way To Welcome Home Our Veterans
For Sellers, Move-Up Buyers
Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR):
“Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie…
A Look at Housing Supply and What It Means for Sellers
For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Selling Myths
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply…
3 Hot Topics in the Housing Market Right Now
For Buyers, For Sellers, Housing Market Updates
If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report.…
Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]
For Buyers, For Sellers, Infographics
Some Highlights
The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability…
Today’s Real Estate Market Explained Through 4 Key Trends
For Buyers, For Sellers, Housing Market Updates, Pricing
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four…
Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?
For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses…
3 Charts That Show This Isn’t a Housing Bubble
For Buyers, For Sellers, Housing Market Updates, New Construction, Pricing
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.
1. The…
What You Should Do Before Interest Rates Rise
Buying Myths, For Buyers, For Sellers, Interest Rates, Move-Up Buyers
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher…
Housing Supply Is Rising. What Does That Mean for You?
For Buyers, For Sellers, Housing Market Updates
An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First…