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How To Navigate a Market Where Multiple Offers Is the New Normal

by Wells Funding Group | Mar 10, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly...

Key Factors That Impact Affordability Today

by Wells Funding Group | Mar 9, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now...

How Global Uncertainty Is Impacting Mortgage Rates

by Wells Funding Group | Mar 8, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates

If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from...

Why It’s Critical To Price Your House Right

by Wells Funding Group | Mar 7, 2022 | For Sellers, Pricing, Selling Myths

When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking...

Supply and Demand in Today’s Market [INFOGRAPHIC]

by Wells Funding Group | Mar 4, 2022 | For Buyers, For Sellers, Housing Market Updates, Infographics

Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For...
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