Housing Market Updates - The McGrady Group

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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…

Dane County Market Snapshot, Inventory Low, End of 2023

The McGrady Group 2024

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…

Buyers: You May Face Less Competition as Bidding Wars Ease

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm…

What’s Actually Happening with Home Prices Today?

For Buyers, For Sellers, Housing Market Updates, Pricing

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel…

What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]

For Buyers, For Sellers, Housing Market Updates, Infographics

Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and…

Why You May Want To Start Your Home Search Today

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While…

Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

Buying Myths, For Buyers, For Sellers, Housing Market Updates, Selling Myths

Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable,…

What Sellers Need To Know in Today’s Housing Market

For Sellers, Housing Market Updates, Pricing

If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re…

Experts Increase 2022 Home Price Projections

For Buyers, For Sellers, Housing Market Updates, Pricing

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide…

What Would a Recession Mean for the Housing Market?

For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be…

The U.S. Homeownership Rate Is Growing

First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy

The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more…

Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]