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How Owning a Home Builds Your Net Worth

by Wells Funding Group | Sep 6, 2022 | First Time Home Buyer, For Buyers

Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is...

Here’s Why It’s Still a Sellers’ Market [INFOGRAPHIC]

by Wells Funding Group | Sep 2, 2022 | For Sellers, Housing Market Updates, Infographics, Selling Myths

Some Highlights While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average...

New Homes May Have the Incentives You’re Looking for Today

by Wells Funding Group | Sep 1, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction

According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and...

Buyers: You May Face Less Competition as Bidding Wars Ease

by Wells Funding Group | Aug 31, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it...

What’s Actually Happening with Home Prices Today?

by Wells Funding Group | Aug 30, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more...
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