Pricing - The McGrady Group

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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…

Dane County Market Snapshot, Inventory Low, End of 2023

The McGrady Group 2024

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…

Reasons Your Home May Not Be Selling

For Sellers, Pricing

When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles. And, while the current housing market is generally favorable…

Two Questions To Ask Yourself if You’re Considering Buying a Home

Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate…

Why Homeownership Wins in the Long Run

First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important…

Why the Median Home Price Is Meaningless in Today’s Market

For Buyers, For Sellers, Housing Market Updates, Pricing

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release,…

How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Pricing

Some HighlightsIf you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the…

A Drop in Equity Doesn’t Mean Low Equity

For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline,…

Are Home Prices Going Up or Down? That Depends…

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing

Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to…

Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]

For Buyers, For Sellers, Foreclosures, Housing Market Updates, Infographics, Pricing

Some HighlightsComparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years.Expect unsettling housing…

Oops! Home Prices Didn’t Crash After All

For Buyers, For Sellers, Housing Market Updates, Pricing

During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts:Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business:“I…

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant…