by Wells Funding Group | Feb 22, 2023 | Baby Boomers, Demographics, For Buyers, For Sellers
Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research...
by Wells Funding Group | Feb 21, 2023 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:“Two dynamics are keeping existing-home inventory historically low – rate-locked...
by Wells Funding Group | Feb 16, 2023 | For Buyers, For Sellers, Housing Market Updates, Pricing
The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.Local price trends still vary by...
by Wells Funding Group | Feb 15, 2023 | First Time Home Buyer, For Buyers, Move-Up Buyers, New Construction
If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.The Number of Newly Built Homes Is on the RiseWhile...
by Wells Funding Group | Feb 14, 2023 | First Time Home Buyer, For Buyers, Move-Up Buyers
[:en]No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a...
by Wells Funding Group | Feb 13, 2023 | First Time Home Buyer, For Buyers, Move-Up Buyers
Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you...
