by Wells Funding Group | Oct 24, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers
If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s...
by Wells Funding Group | Oct 21, 2022 | For Sellers, Housing Market Updates, Infographics
Some Highlights If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next...
by Wells Funding Group | Oct 20, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling...
by Wells Funding Group | Oct 19, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling...
by Wells Funding Group | Oct 18, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the...
