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…
Is a 20% Down Payment Really Necessary To Purchase a Home?
Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Millennials
There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half…
Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?
For Buyers, For Sellers, Move-Up Buyers
A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and…
Is It Time To Move on to a New Home?
For Buyers, For Sellers, Move-Up Buyers
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners…
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]
For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Rent vs. Buy
Some Highlights
Whether you’re buying or selling – today’s housing market has plenty of good news to go around.
Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers…
Is the Number of Homes for Sale Finally Growing?
First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last…
5 Tips for Making Your Best Offer
First Time Home Buyers, For Buyers, Move-Up Buyers
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage,…
The Truth About Today’s Buyer Demand
For Sellers, Housing Market Updates, Selling Myths
When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market respect…
Why It’s Still Safe To Sell Your Home
For Sellers, Housing Market Updates, Selling Myths
If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted…
Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]
Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights
When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for.
It takes professionals who study expert opinions…
Home Price Appreciation Is Skyrocketing in 2021. What About 2022?
For Buyers, For Sellers, Housing Market Updates, Pricing
One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year.
Here…