Affordability - The McGrady Group

Auto Added by WPeMatico

Dane County’s Fall 2025 Market Insights

Dane County Market Analysis, Economy, For Buyers, For Sellers, Forecasts, Home Prices, Housing Market Updates, Infographics, Interest Rates, Inventory, Market Updates, McGrady Group Blog, Mortgage Rates, Pricing

In our Summer market outlook, we discussed the early 2025 trendlines in Price, Days on Market and interest rates matching Spring of 2024. Would this trend continue into the Summer and Fall of 2025, or would a softer real estate market begin…

Dane County’s Summer 2025 Market Insights

Dane County Market Analysis, For Buyers, For Sellers, Forecasts, Housing Market Updates, Infographics, Inventory, McGrady Group Blog, Mortgage Rates

In our Spring market outlook, we predicted that 2025 would repeat the trend lines of 2024. So far, that prediction has held steady. This update continues our focus on Dane County market data, mortgage rates, and provides insights for buyers…

Madison-WI-vs.-National-Real-Estate-Trends-March-2024-Listings.png

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…

The $280 Shift in Affordability Every Homebuyer Should Know

Affordability, Buying Tips, First-Time Buyers, For Sellers, Mortgage Rates, Move-Up

If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. Affordability is improving in 39 of the top 50 markets, according to First American. And that’s the 5th straight…

Why More Buyers Are Turning to New Construction This Year

Affordability, Buying Tips, For Buyers, New Construction

There’s a trend taking hold in real estate right now: more buyers are choosing newly built homes. And it’s not just about getting the latest technology or modern floorplans. It’s because they may be able to get a better deal.Builders are…

Why Experts Say Mortgage Rates Should Ease Over the Next Year

Affordability, Economy, First-Time Buyers, For Buyers, For Sellers, Mortgage Rates

You want mortgage rates to fall – and they've started to. But is it going to last? And how low will they go?Experts say there’s room for rates to come down even more over the next year. And one of the leading indicators to watch is the 10-year…

What Buyers Say They Need Most (And How the Market’s Responding)

Affordability, First-Time Buyers, For Buyers, Home Prices, Mortgage Rates

A recent survey from Bank of America asked would-be homebuyers what would help them feel better about making a move, and it’s no surprise the answers have a clear theme. They want affordability to improve, specifically prices and rates (see…

3 Reasons Affordability Is Showing Signs of Improvement This Fall

Affordability, Buying Tips, For Buyers

For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of them.But…

What a Fed Rate Cut Could Mean for Mortgage Rates

Affordability, Economy, For Buyers, Mortgage Rates

The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion.The Fed Doesn’t Directly Set Mortgage RatesRight…

Mortgage Rates Just Saw Their Biggest Drop in a Year

Affordability, Economy, First-Time Buyers, For Buyers, Mortgage Rates

You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It…

Condos Could Be a Win for Today’s Buyers

Affordability, Buying Tips, Downsize, First-Time Buyers, For Buyers, Home Prices, Inventory

Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain, especially in a market where every dollar counts. That’s where condos come in.For first-time buyers, they can be…

Are These Myths About Buying a Newly Built Home Holding You Back?

Affordability, Agent Value, For Buyers, New Construction

If you’ve been skipping over newly built homes in your search, you might be doing so based on outdated assumptions. Let’s clear up a few of the most common myths, so you don’t miss out on a solid opportunity.Myth 1: New Homes Are More…

3 Advantages of Buying a Newly Built Home Today

Affordability, Buying Tips, For Buyers, Infographics, Mortgage Rates, New Construction

Some HighlightsPrices, rates, and finding the right home are three of the biggest challenges for buyers today. You may find better luck with all 3 if you look at newly built homes.There are more available. Builders are more flexible on prices…