by Wells Funding Group | May 15, 2023 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The...
by Wells Funding Group | May 13, 2023 | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold...
by Wells Funding Group | May 12, 2023 | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold...
by Wells Funding Group | May 11, 2023 | For Sellers, Housing Market Updates, Selling Myths
If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm.Looking back at every April since 2017, the only year when...
by Wells Funding Group | May 10, 2023 | Housing Market Updates, Interest Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to...
