by Wells Funding Group | Mar 17, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of...
by Wells Funding Group | Mar 16, 2022 | First Time Home Buyer, For Buyers, Rent vs. Buy
Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly...
by Wells Funding Group | Mar 15, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers
As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some...
by Wells Funding Group | Mar 14, 2022 | For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, you should know – you may be...
by Wells Funding Group | Mar 11, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the...
