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3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

by Wells Funding Group | Oct 26, 2022 | For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing

With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news...

What Happens to Housing when There’s a Recession?

by Wells Funding Group | Oct 25, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be...

Pre-Approval Is a Critical First Step on Your Homebuying Journey

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...

3 Questions You May Be Asking About Selling Your House Today

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...

What’s Ahead for Home Prices?

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...
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