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…
Experts Project Mortgage Rates Will Continue To Rise in 2022
First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded,…
Sellers Have Incredible Leverage in Today’s Market
For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it…
Does Your House Have What Buyers Want?
For Sellers, Housing Market Updates
The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs.
As a…
Housing Challenge or Housing Opportunity? It Depends.
For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically.
There are many…
There Are More Homes Available Now than There Were This Spring
For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year.
The…
Your Home Equity Is Growing [INFOGRAPHIC]
For Sellers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights
If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year.
Whether it’s funding an education, fueling your next move, or starting a business,…
Important Distinction: Homes Are Less Affordable, Not Unaffordable
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates
It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize…
What Does the Future Hold for Home Prices?
Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths
If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue…
Sellers: Your House Could Be an Oasis for Buyers Seeking More Options
For Sellers, Housing Market Updates
Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply.…
What Do Past Years Tell Us About Today’s Real Estate Market?
For Sellers, Housing Market Updates, Selling Myths
As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking…