by Wells Funding Group | Jun 3, 2022 | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing
Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during...
by Wells Funding Group | Jun 2, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers, Rent vs. Buy
June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be. When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the community, an investment, and a place you can put...
by Wells Funding Group | Jun 1, 2022 | For Buyers, For Sellers, Housing Market Updates
In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several times a year, the Mortgage Bankers Association (MBA) releases...