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…

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

For Buyers, Housing Market Updates, Interest Rates, Pricing

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago.…

The Best Week To List Your House Is Just Around the Corner

For Sellers, Housing Market Updates

Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market…

A Key To Building Wealth Is Homeownership

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

The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of…

What You Can Expect from the Spring Housing Market

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

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation,…

What You Need To Know if You’re Thinking About Building a Home

For Buyers, Housing Market Updates, Move-Up Buyers, New Construction

If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue.…

The Average Homeowner Gained More Than $55K in Equity over the Past Year

For Sellers, Housing Market Updates, Pricing

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity…

Did Your Dream Home Just Come on the Market?

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

For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes…

This Spring Presents Sellers with a Golden Opportunity

For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case,…

How To Navigate a Market Where Multiple Offers Is the New Normal

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

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared…

Key Factors That Impact Affordability Today

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but…