by Wells Funding Group | Mar 9, 2023 | First Time Home Buyer, For Buyers, Move-Up Buyers
Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer.1. Lean on a Real...
by Wells Funding Group | Mar 7, 2023 | Baby Boomers, Demographics, First Time Home Buyer, For Buyers, Millennials, Move-Up Buyers
During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at...
by Wells Funding Group | Mar 6, 2023 | First Time Home Buyer, For Buyers, Move-Up Buyers
You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.A lot of the time, these reports are assuming things...
by Wells Funding Group | Feb 28, 2023 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to...
by Wells Funding Group | Feb 27, 2023 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac:“Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create...
by Wells Funding Group | Feb 23, 2023 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is...
