by Wells Funding Group | Feb 28, 2022 | Demographics, Down Payments, For Buyers, For Sellers, Millennials, Move-Up Buyers
If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for...
by Wells Funding Group | Feb 25, 2022 | First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers, Rent vs. Buy
Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly...
by Wells Funding Group | Feb 24, 2022 | For Sellers, Housing Market Updates
Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply. Purchaser demand is very strong right now. The National Association of Realtors (NAR) just...
by Wells Funding Group | Feb 23, 2022 | For Buyers, For Sellers, Housing Market Updates
In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there...
