by Wells Funding Group | Jan 25, 2022 | Demographics, First Time Home Buyer, For Buyers, Gen Z
Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership. The sooner you start planning, the...
by Wells Funding Group | Jan 24, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers
You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s...
by Wells Funding Group | Jan 20, 2022 | Buying Myths, For Buyers, Housing Market Updates
One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly...
by Wells Funding Group | Jan 19, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t...
by Wells Funding Group | Jan 17, 2022 | First Time Home Buyer, For Buyers
Homeownership has long been considered the American Dream, and it’s one every American should feel confident and powerful pursuing. But owning a home is also a deeply personal dream. Our home provides us with safety and security, and it’s a place where we can grow and...
by Wells Funding Group | Jan 13, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have...
