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…
Boomers Moving Will Be More Like a Gentle Tide Than a Tsunami
Baby Boomers, Demographics, Housing Market UpdatesHave you heard the term “Silver Tsunami” getting tossed around recently? If so, here’s what you really need to know. That phrase refers to the idea that a lot of baby boomers are going to move or downsize all at once. And the fear is that…
The Latest Trends in Housing [INFOGRAPHIC]
For Sellers, Housing Market Updates, InfographicsSome HighlightsWith the number of new listings going up and average days on market going down, buyers may have more options, but will still want to move fast.For sellers, inventory is still low and houses are selling fast, meaning your house…
Why There Won’t Be a Recession That Tanks the Housing Market
Foreclosures, Housing Market UpdatesThere’s been a lot of recession talk over the past couple of years. And that may leave you worried we’re headed for a repeat of what we saw back in 2008. Here’s a look at the latest expert projections to show you why that isn’t going…
Why We Aren’t Headed for a Housing Crash
Housing Market Updates, Interest Rates, PricingIf you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep…
Why Today’s Housing Supply Is a Sweet Spot for Sellers
For Sellers, Housing Market UpdatesWondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.An article from Calculated Risk shows there are 15.6% more homes…
Expert Home Price Forecasts for 2024 Revised Up
Housing Market Updates, PricingOver the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall.So, let’s see exactly how experts’ thinking has shifted…
Some Experts Say Mortgage Rates May Fall Below 6% Later This Year
Housing Market Updates, Interest RatesThere’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall.And…
Don’t Let the Latest Home Price Headlines Confuse You
Housing Market Updates, PricingBased on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture.If you look at the national data for 2023, home prices actually showed…
What’s Really Happening with Mortgage Rates?
Housing Market Updates, Interest RatesAre you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching…