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…
Invest in Yourself by Owning a Home
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, PricingAre you wondering if it makes sense to buy a home right now? While today’s mortgage rates might seem a bit intimidating, here are two compelling reasons why it still may be a good time to become a homeowner.Home Values Appreciate over TimeThere’s…
The Perks of Selling Your House When Inventory Is Low
For Sellers, Housing Market Updates, Selling MythsWhen it comes to selling your house, you’re probably trying to juggle the current market conditions and your own needs as you plan your move. One thing that may be working in your favor is how few homes there are for sale right now. Here’s…
Why Home Prices Keep Going Up
Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling MythsIf you've ever dreamed of buying your own place, or selling your current house to upgrade, you're no stranger to the rollercoaster of emotions changing home prices can stir up. It's a tale of financial goals, doubts, and a dash of anxiety that…
Home Price Growth Is Returning to Normal [INFOGRAPHIC]
Housing Market Updates, Infographics, PricingSome HighlightsIf you're wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year. Based on typical seasonality in the market, prices go up most…
Are Higher Mortgage Rates Here To Stay?
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest RatesMortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph…
Are You a Homebuyer Worried About Climate Risks?
Buying Myths, Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up BuyersThe increasing effects of natural disasters are leading to new obstacles in residential real estate. As a recent article from CoreLogic explains: “As the specter of climate change looms large, the world braces for unprecedented challenges.…
Home Prices Are Not Falling
For Sellers, Housing Market Updates, Pricing, Selling MythsDuring the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative…
Explaining Today’s Low Housing Supply [INFOGRAPHIC]
Housing Market Updates, Infographics, New ConstructionSome HighlightsWondering why the supply of homes for sale is limited today? There are a few factors at play.Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons…
Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon
For Buyers, For Sellers, Foreclosures, Housing Market UpdatesYou might remember the housing crash in 2008, even if you didn't own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there's good news – the housing market now is different from 2008.One important…
The Return of Normal Seasonality for Home Price Appreciation
Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling MythsIf you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that…