by Wells Funding Group | Aug 22, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Interest Rates, Move-Up Buyers, Pricing
If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But...
by Wells Funding Group | Aug 19, 2022 | Buying Myths, For Buyers, Infographics
Some Highlights If you’re buying a home, here’s what you should know about your home inspection and why it’s so important. A home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase so you can avoid costly...
by Wells Funding Group | Aug 17, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them...
by Wells Funding Group | Aug 16, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this...
by Wells Funding Group | Aug 15, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Rent vs. Buy
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S....
by Wells Funding Group | Aug 12, 2022 | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record...
