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…
The Best Use of Time (and Money) When It Comes to Renovations
For Sellers, Pricing, Selling Myths
In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions…
Are Houses Less Affordable Than They Were in Past Decades?
Buying Myths, For Buyers, Interest Rates, Pricing
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive…
Looking for a Place To Call Home? Consider a Condominium.
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Pricing
It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth…
Sellers: Make Today’s Home Price Appreciation Work for You
For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should…
With Rents on the Rise – Is Now the Time To Buy?
First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes:
“Beyond simply…
Key Questions To Ask Yourself Before Buying a Home
First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need…
Waiting To Buy a Home Could Cost You [INFOGRAPHIC]
Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights
If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again.
The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the…
4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures
Distressed Properties, Foreclosures, Housing Market Updates, Pricing, Short Sales
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen.
1. There are…
Today’s Real Estate Market Explained Through 4 Key Trends
For Buyers, For Sellers, Housing Market Updates, Pricing
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four…
3 Charts That Show This Isn’t a Housing Bubble
For Buyers, For Sellers, Housing Market Updates, New Construction, Pricing
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.
1. The…