by Wells Funding Group | Jan 27, 2023 | First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers, Pricing
Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in...
by Wells Funding Group | Jan 26, 2023 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that...
by Wells Funding Group | Jan 25, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates
If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices...
by Wells Funding Group | Jan 24, 2023 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp,...
by Wells Funding Group | Jan 19, 2023 | First Time Home Buyer, For Buyers, Move-Up Buyers
One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:“In a preapproval [sic], the lender tells you...
by Wells Funding Group | Jan 18, 2023 | For Buyers, For Sellers, Pricing
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened...
