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…
What Past Recessions Tell Us About the Housing Market
For Buyers, For Sellers, Housing Market UpdatesIt doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each…
Is It Time To Sell Your Second Home?
For Sellers, Housing Market Updates, Luxury MarketDuring the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places…
Today’s Housing Market Is Nothing Like 15 Years Ago
For Buyers, For Sellers, Foreclosures, Housing Market UpdatesThere’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008…
What To Expect From the Housing Market in 2023
For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position.
As the Federal Reserve (the Fed) made moves this year to try to lower inflation,…
Homeowners Still Have Positive Equity Gains over the Past 12 Months
For Sellers, Housing Market Updates, Pricing
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates.
Equity is the current value of your home…
Mortgage Rates Are Dropping. What Does That Mean for You?
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy.
Nadia…
2023 Housing Market Forecast [INFOGRAPHIC]
For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates
Some Highlights
From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation.
If you’re thinking of buying or selling a home this year, let’s connect so…
You May Have More Negotiation Power When You Buy a Home Today
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown.…
Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.
For Sellers, Housing Market Updates, Selling Myths
At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market.
An article from Calculated Risk helps…
What Every Seller Should Know About Home Prices
For Sellers, Housing Market Updates, Selling Myths
If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know.
What’s…