by Wells Funding Group | May 2, 2023 | Housing Market Updates, Interest Rates, Pricing
Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession,...
by Wells Funding Group | May 1, 2023 | Buying Myths, First Time Home Buyer, For Buyers, Rent vs. Buy
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been...
by Wells Funding Group | Apr 28, 2023 | First Time Home Buyer, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down...
by Wells Funding Group | Apr 27, 2023 | Distressed Properties, Foreclosures, Housing Market Updates
You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know...
by Wells Funding Group | Apr 26, 2023 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just...
