by Wells Funding Group | Jul 29, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may...
by Wells Funding Group | Jul 27, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers
There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage...
by Wells Funding Group | Jul 26, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the...
by Wells Funding Group | Jul 22, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added...
by Wells Funding Group | Jul 21, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about...
by Wells Funding Group | Jul 19, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from...
