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…
How Inflation Affects the Housing Market
For Buyers, For Sellers, Housing Market Updates, Interest RatesHave you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship…
Buyer Traffic Is Still Stronger than the Norm
Demographics, For Sellers, Housing Market Updates, Selling MythsAre you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s…
Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
For Sellers, Housing Market Updates, Infographics, Selling MythsSome HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in…
More Jobs and Better Pay Leads to More Buyer Demand
For Sellers, Housing Market Updates, Selling MythsThere’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good…
Why Median Home Sales Price Is Confusing Right Now
Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling MythsThe National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned.…
People Want Less Expensive Homes – And Builders Are Responding
For Buyers, Housing Market Updates, Interest Rates, PricingIn today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges,…
Don’t Expect a Flood of Foreclosures
Buying Myths, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Selling MythsThe rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon.…
Equity Is a Game Changer for Homeowners Looking To Sell
For Sellers, Housing Market Updates, Move-Up Buyers, Selling MythsIf you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity…
Home Prices Are Back on the Rise [INFOGRAPHIC]
For Buyers, For Sellers, Housing Market Updates, Infographics, PricingSome HighlightsLooking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.If you’ve put your plans to move on pause because you were worried about home…
About 11,000 Houses Will Sell Today
For Sellers, Housing Market Updates, Selling MythsSome homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple…