by Wells Funding Group | Sep 14, 2022 | For Buyers, For Sellers, Housing Market Updates
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things...
by Wells Funding Group | Sep 13, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose...
by Wells Funding Group | Sep 9, 2022 | For Buyers, For Sellers, Infographics
Some Highlights If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights. The right advisor utilizes the latest technology and can help you navigate today’s home...
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...
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...
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...