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How an Expert Can Help You Understand Inflation & Mortgage Rates

by Wells Funding Group | Sep 27, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average...

The True Strength of Homeowners Today

by Wells Funding Group | Sep 26, 2022 | For Buyers, For Sellers, Housing Market Updates

The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country?...

What Experts Say Will Happen with Home Prices Next Year

by Wells Funding Group | Sep 22, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing

Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would...

Watching the Stock Market? Check the Value of Your Home for Good News.

by Wells Funding Group | Sep 20, 2022 | For Buyers, For Sellers, Housing Market Updates

While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising...

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

by Wells Funding Group | Sep 16, 2022 | First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers

Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your...

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

by Wells Funding Group | Sep 15, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers

If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to...
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