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Key Terms To Know When Buying a Home [INFOGRAPHIC]

by Wells Funding Group | Jan 13, 2023 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers

Some Highlights Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to...

Is It Time To Sell Your Second Home?

by Wells Funding Group | Jan 12, 2023 | For Sellers, Housing Market Updates, Luxury Market

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home...

Today’s Housing Market Is Nothing Like 15 Years Ago

by Wells Funding Group | Jan 11, 2023 | Mortgage News

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there...

The Truth About Negative Home Equity Headlines

by Wells Funding Group | Jan 10, 2023 | Mortgage News

Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the...

What Experts Are Saying About the 2023 Housing Market

by Wells Funding Group | Jan 9, 2023 | Mortgage News

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace...
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