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…
Evaluating Your Wants and Needs as a Homebuyer Matters More Today
First Time Home Buyers, For Buyers, Move-Up BuyersWhen it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic. Mortgage rates impact how much it costs to borrow money for your home loan. And, to help offset the higher borrowing costs today,…
Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.
For Buyers, Move-Up Buyers, New ConstructionDo you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You're not alone, but there’s some good news that may ease your worries. New home construction is up and…
What Homebuyers Need To Know About Credit Scores
First Time Home Buyers, For Buyers, Move-Up BuyersIf you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back…
Saving for a Down Payment? Here’s What You Need To Know.
Down Payments, First Time Home Buyers, For Buyers, Move-Up BuyersIf you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how…
How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, PricingSome HighlightsIf you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the…
A Drop in Equity Doesn’t Mean Low Equity
For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, PricingYou may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline,…
Your Needs Matter More Than Today’s Mortgage Rates
For Buyers, For Sellers, Interest Rates, Move-Up BuyersIf you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not…
Are Home Prices Going Up or Down? That Depends…
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, PricingMedia coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to…
Real Estate Is Still Considered the Best Long-Term Investment
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up BuyersWith all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the…
Why Buyers Need an Expert Agent by Their Side
First Time Home Buyers, For Buyers, Move-Up BuyersThe process of buying a home can feel a bit intimidating, even under normal circumstances. But today's market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and…