McGrady Group Blog - The McGrady Group

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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…

Dane County Market Snapshot, Inventory Low, End of 2023

The McGrady Group 2024

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…

Experts Project Mortgage Rates Will Continue To Rise in 2022

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded,…

Sellers Have Incredible Leverage in Today’s Market

For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it…

Renters Missed Out on $51,500 This Past Year

First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy

Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national…

The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC]

Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean…

Does Your House Have What Buyers Want?

For Sellers, Housing Market Updates

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a…

Housing Challenge or Housing Opportunity? It Depends.

For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many…

There Are More Homes Available Now than There Were This Spring

For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers

There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The…

Knowledge Is Power When It Comes to Appraisals and Inspections

Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers

Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider…

Your Home Equity Is Growing [INFOGRAPHIC]

For Sellers, Housing Market Updates, Infographics, Move-Up Buyers

Some Highlights If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business,…

Important Distinction: Homes Are Less Affordable, Not Unaffordable

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates

It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize…