by Wells Funding Group | Feb 3, 2023 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers
Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to...
by Wells Funding Group | Feb 2, 2023 | For Buyers, For Sellers, Housing Market Updates
The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the...
by Wells Funding Group | Feb 1, 2023 | For Sellers, Selling Myths
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained...
by Wells Funding Group | Jan 31, 2023 | For Sellers, Housing Market Updates, Move-Up Buyers
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.Now, however, rates are beginning to come...
by Wells Funding Group | Jan 30, 2023 | For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.In today’s market, it makes sense to explore all your options. That includes both homes that have...