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 This Isn’t Your Typical Summer Housing Market
For Buyers, For Sellers, Housing Market Updates, Pricing
In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal,…
4 Major Incentives To Sell This Summer
For Sellers, Move-Up Buyers
While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move.
1.…
Your Home Equity Can Take You Places [INFOGRAPHIC]
For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing
Some Highlights
The amount of wealth Americans have stored in their homes has increased astronomically.
On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000.
When…
Selling Your House? Make Sure You Price It Right.
For Sellers, Pricing, Selling Myths
There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association…
The Truths Young Homebuyers Need To Hear
Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Rent vs. Buy
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found:
“1 in 4 underestimated their…
A Look at Home Price Appreciation Through 2025
For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with…
Home Builders Ramp Up Construction Based on Demand
For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize…
Happy Independence Day!
Holidays, Time-sensitive, Uncategorized
Wishing you a happy and safe Independence Day.
Are We in a Housing Bubble? Experts Say No.
For Buyers, For Sellers, Housing Market Updates, Pricing
The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based…
What Do Experts See on the Horizon for the Second Half of the Year?
For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first…