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…
Why Mortgage Rates Could Continue To Decline
Housing Market Updates, Interest RatesWhen you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here's what you…
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…
What Are the Real Reasons You Want To Move Right Now?
Demographics, For Sellers, Interest Rates, Selling MythsIf you're considering selling your house right now, it's likely because something in your life has changed. And while things like mortgage rates play a big role in your decision, you don’t want that to overshadow why you thought about making…
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…
Understanding the Benefits of Owning Your First Home
Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up BuyersAre you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:“When asked why they purchased their first home recently,…
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…
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.…
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…
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…
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
Buying Myths, For Buyers, Interest RatesIf you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s…