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…
Today’s Real Estate Market Explained Through 4 Key Trends
For Buyers, For Sellers, Housing Market Updates, Pricing
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four…
Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?
For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses…
3 Charts That Show This Isn’t a Housing Bubble
For Buyers, For Sellers, Housing Market Updates, New Construction, Pricing
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.
1. The…
Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights
Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market.
Although the supply increases…
Housing Supply Is Rising. What Does That Mean for You?
For Buyers, For Sellers, Housing Market Updates
An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First…
Why This Isn’t Your Typical Summer Housing Market
For Buyers, For Sellers, Housing Market Updates, Pricing
In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal,…
Your Home Equity Can Take You Places [INFOGRAPHIC]
For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing
Some Highlights
The amount of wealth Americans have stored in their homes has increased astronomically.
On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000.
When…
A Look at Home Price Appreciation Through 2025
For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with…
Home Builders Ramp Up Construction Based on Demand
For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize…
Are We in a Housing Bubble? Experts Say No.
For Buyers, For Sellers, Housing Market Updates, Pricing
The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based…