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…
What To Expect as Appraisal Gaps Grow
Buying Myths, Down Payments, For Buyers, For Sellers, Move-Up Buyers, Pricing, Selling Myths
In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors…
Save Time and Effort by Selling with an Agent
For Sellers, FSBOs, Pricing, Selling Myths
Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved…
Homebuyers: Hang in There [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights
Today’s sellers’ market provides unique challenges—and benefits—for buyers.
Current low interest rates won’t last forever, and home prices are forecast to rise.
If you’re a homebuyer, hang in there. Homeownership…
Demand for Vacation Homes Is Still Strong
For Sellers, Luxury Market, Pricing, Selling Myths
The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home…
Homeowner Wealth Increases Through Growing Equity This Year
First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership…
Pre-Approval Makes All the Difference When Buying a Home
Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers
You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer…
5 Things Homebuyers Need To Know When Making an Offer
Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer…
Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Pricing, Rent vs. Buy
Some Highlights
When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.
On the other hand, when you own your home, you build your own wealth,…
Housing Wealth: The Missing Piece of the Affordability Equation
First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year.
However,…
Don’t Wait To Sell Your House
For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths
We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to…