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…
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…
Understand Your Options To Avoid Foreclosure
Distressed Properties, For Sellers, Foreclosures, Housing Market Updates, Pricing, Short Sales
Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is…
Your Agent Is Key When Pricing Your House [INFOGRAPHIC]
For Sellers, FSBOs, Infographics, Pricing
Some Highlights
Pricing your house right takes market experience and expertise.
To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition.
If…
5 Reasons Today’s Housing Market Is Anything but Normal
For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market…
What Buyers and Sellers Need To Know About the Appraisal Gap
Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it…
If Housing Affordability Is About the Money, Don’t Forget This.
First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy
There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s…
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
For Buyers, For Sellers, Housing Market Updates, Pricing
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent…
A Look at Home Price Appreciation and What It Means for Sellers
For Sellers, Housing Market Updates, Pricing
When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your potential…
Sellers Are in a Sweet Spot [INFOGRAPHIC]
For Sellers, Infographics, Move-Up Buyers, Pricing
Some Highlights
In today’s sellers’ market, you’re set up to win big when you list your house.
That’s because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. Then, when you buy your…