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…
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…
Buy Now, or Wait?
Buying Tips, For Buyers, Infographics, Mortgage RatesSome HighlightsIf you’re wondering if you should buy now or wait, here’s what you need to know. If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you…
Don’t Fall for These Real Estate Agent Myths
Agent Value, Buying Tips, For Buyers, For Sellers, Selling TipsWhen it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes.As you figure out who you’ll…
Why Buying Now May Be Worth It in the Long Run
Buying Tips, Equity, First-Time Buyers, For Buyers, Home PricesShould you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your…
The Down Payment Assistance You Didn’t Know About
First-Time Buyers, For BuyersBelieve it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below):Here’s what…
Is Your House Priced Too High?
Agent Value, For Sellers, Selling TipsEvery seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different.But did you know one of the biggest things that could jeopardize your success is the…
Lower Mortgage Rates Boost Your Buying Power
For Buyers, Infographics, Mortgage RatesSome HighlightsMortgage rates are trending down and that’s great news for your bottom line.As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power.If…
Falling Mortgage Rates Are Bringing Buyers Back
For Sellers, Mortgage Rates, Selling TipsIf you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates…
The Latest Builder Trend: Smaller, Less Expensive Homes
Affordability, For Buyers, New ConstructionEven though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these…
Mortgage Rates Drop to Lowest Level in over a Year and a Half
For Buyers, For Sellers, Mortgage RatesMortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment.Even a small decline in rates could help you get a better monthly payment…