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Homeownership Is a Great Hedge Against the Impact of Rising Inflation

by Wells Funding Group | Jun 23, 2022 | First Time Home Buyer, For Buyers, Pricing

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices...

Things To Avoid After Applying for a Home Loan

by Wells Funding Group | Jun 22, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need...

The Average Homeowner Gained $64K in Equity over the Past Year

by Wells Funding Group | Jun 21, 2022 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may...

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

by Wells Funding Group | Jun 20, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates

Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap...

More Listings Are Coming onto the Market [INFOGRAPHIC]

by Wells Funding Group | Jun 17, 2022 | For Sellers, Housing Market Updates, Infographics

Some Highlights Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home. But inventory...
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