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…
Your Home Equity Can Offset Affordability Challenges
For Sellers, Housing Market Updates, Interest Rates, Selling MythsAre you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried…
Are More Homes Coming onto the Market?
For Sellers, Housing Market Updates, Selling MythsAn important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your…
Plenty of Buyers Are Still Active Today [INFOGRAPHIC]
For Sellers, Housing Market Updates, Infographics, Selling MythsSome HighlightsHolding off on selling your house because you believe there aren’t any buyers out there?Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can…
Why Is Housing Inventory So Low?
For Buyers, For Sellers, Housing Market Updates, Interest Rates, New ConstructionOne question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy.…
What Experts Project for Home Prices Over the Next 5 Years
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up BuyersIf you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re…
Get Ready for Smaller, More Affordable Homes
Buying Myths, First Time Home Buyers, For Buyers, Housing Market UpdatesHave you been trying to buy a home, but higher mortgage rates and home prices are limiting your options? If so, here’s some good news – based on what Ali Wolf, Chief Economist at Zonda, has to say – smaller, more affordable homes are on…
Mortgage Rates: Past, Present, and Possible Future
Housing Market Updates, Interest RatesIf you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good…
Expert Home Price Forecasts Revised Up for 2023
Housing Market Updates, PricingToward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened…
Why It’s Still a Seller’s Market Today
For Sellers, Housing Market Updates, Selling MythsEven though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. But what does that really mean for you? And why are conditions…
Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
For Sellers, Housing Market Updates, InfographicsSome HighlightsYour equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.Almost half of homeowners are equity rich because they have at least 50% equity…