First-Time Buyers - The McGrady Group

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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…

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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…

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…

The Truth About Down Payments (It’s Not What You Think)

Affordability, Buying Tips, First-Time Buyers, For Buyers, Rent vs. Buy

Buying a home is exciting… until you start thinking about the down payment. That’s when the worry can set in.“I’ll never save enough.”“I need a small fortune just to get started.”“I guess I’ll just rent forever.”Sound familiar?…

What Credit Score Do You Really Need To Buy a Home?

Buying Tips, First-Time Buyers, For Buyers

According to Fannie Mae, 90% of buyers don’t actually know what credit score lenders are looking for, or they overestimate the minimum needed.Let that sink in. That means most homebuyers think they need better credit than they actually…

Why a Newly Built Home Might Be the Move Right Now

Affordability, Buying Tips, First-Time Buyers, For Buyers, Home Prices, Inventory, Mortgage Rates, Move-Up, New Construction, Rent vs. Buy

Are you looking for better home prices, or even a lower mortgage rate? You might find both in one place: a newly built home. While many buyers are overlooking new construction, it could be your best opportunity in today’s market. Here’s…

Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers

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

Over the past few years, affordability has been the biggest challenge for homebuyers. Between rapidly rising home prices and higher mortgage rates, many have felt stuck between a rock and a hard place.But, something pretty encouraging is happening.…

What You Should Know About Getting a Mortgage Today

First-Time Buyers, For Buyers

If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standards are still strong.Lenders are making it slightly…

Why Big Investors Aren’t a Challenge for Today’s Homebuyer

First-Time Buyers, For Buyers

Remember the chatter in the headlines about all the homes big institutional investors were buying? If you were thinking about buying a home yourself, you may have wondered how you’d ever be able to compete with that. Here’s the thing. That’s…

Multi-Generational Homebuying Hit a Record High – Here’s Why

Affordability, Buying Tips, First-Time Buyers, For Buyers

Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR (see…

Why Homeownership Is Going To Be Worth It

First-Time Buyers, For Buyers, Rent vs. Buy

Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? The housing market? But in the middle of all that uncertainty, there’s one thing a lot of people still crave – a place to call their own.Because…

The Five-Year Rule for Home Price Perspective

First-Time Buyers, For Buyers, Home Prices

Headlines are saying home prices are starting to dip in some markets. And if you’re beginning to second guess your plans based on what you’re hearing in the media, here’s what you need to know.It's true that a few metros are seeing slight…