by Wells Funding Group | May 9, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up.But the...
by Wells Funding Group | May 8, 2023 | For Buyers, Housing Market Updates, New Construction
If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t...
by Wells Funding Group | May 4, 2023 | Demographics, For Buyers, For Sellers
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their...
by Wells Funding Group | May 1, 2023 | Buying Myths, First Time Home Buyer, For Buyers, Rent vs. Buy
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been...
by Wells Funding Group | Apr 28, 2023 | First Time Home Buyer, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down...
by Wells Funding Group | Apr 26, 2023 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just...
