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…
Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC]
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up BuyersSome HighlightsHere’s what you really need to know about a few myths causing fear in today’s housing market.Despite common misconceptions, many people can buy a home even if they have student loans, home prices are rising nationally (not…
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…
The Difference Between Renting and Buying a Home [INFOGRAPHIC]
Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Rent vs. BuySome HighlightsWhen deciding between buying a home or renting, think about these three important factors.Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time.If you’re ready to…
How Homeowner Net Worth Grows with Time [INFOGRAPHIC]
Buying Myths, For Buyers, InfographicsSome HighlightsIf you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.On average, people who bought homes 32 years ago have seen their home’s value nearly…
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…
How Remote Work Helps with Your House Hunt [INFOGRAPHIC]
Buying Myths, Demographics, First Time Home Buyers, For Buyers, Infographics, Move-Up BuyersSome HighlightsWhile remote work peaked during the pandemic, many people still work from home today.If you’re one of them, it could have an unexpected benefit when you’re looking to buy a home.If you can work from home, you might have more…
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…
Home Price Forecasts Revised for 2023 [INFOGRAPHIC]
Infographics, PricingSome HighlightsLast year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.While it’s normal for experts to re-forecast throughout the year, the good news for…
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…
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…