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 Your House Will Shine in Today’s Market
For Sellers, InventoryEven though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. So, know that if you’ve got moving on your mind, your house can really stand out.There…
Two Reasons Why the Housing Market Won’t Crash
Economy, InventoryYou may have heard chatter recently about the economy and talk about a possible recession. It's no surprise that kind of noise gets some people worried about a housing market crash. Maybe you’re one of them. But here’s the good news –…
Buying Beats Renting in 22 Major U.S. Cities
Affordability, For Buyers, Home Prices, Inventory, Mortgage RatesThat’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below):As mortgage rates have eased off their recent peak, home prices have…
The Best Time To Buy a Home This Year
Buying Tips, For Buyers, Inventory, Mortgage RatesA shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy…
The Surprising Amount of Home Equity You’ve Gained over the Years
For Sellers, Home Prices, InventoryThere are a number of reasons you may be thinking about selling your house. And as you weigh your options, you may find you’re unsure how you’re going to deal with one thing about today’s housing market – and that’s affordability.…
Are We Heading into a Balanced Market?
For Buyers, For Sellers, InventoryIf you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know.What Is a…
What’s the Impact of Presidential Elections on the Housing Market?
Economy, For Buyers, For Sellers, Home Prices, Inventory, Mortgage RatesIt’s no surprise that the upcoming Presidential election might have you speculating about what’s ahead. And those unanswered thoughts can quickly spiral, causing fear and uncertainty to swirl through your mind. So, if you’ve been considering…
How Growing Inventory Benefits Today’s Buyers
For Buyers, Infographics, InventorySome HighlightsWhile the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal.Here’s what that means when you buy: more options for your search,…
Are There More Homes for Sale Where You Live?
For Buyers, InventoryOne of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year. Recent data from Realtor.com shows that nationally, there are 36.6% more homes actively for sale…
3 Reasons Why We’re Not Headed for a Housing Crash
Foreclosures, Infographics, InventorySome HighlightsBack in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time.Existing homes, new homes, and foreclosures are all way below the…