by Wells Funding Group | Aug 18, 2022 | Baby Boomers, Demographics, For Sellers, Senior Market
Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers...
by Wells Funding Group | Aug 17, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them...
by Wells Funding Group | Aug 16, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this...
by Wells Funding Group | Aug 15, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Rent vs. Buy
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S....
by Wells Funding Group | Aug 12, 2022 | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record...
