by Wells Funding Group | Nov 7, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s...
by Wells Funding Group | Nov 4, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2%...
by Wells Funding Group | Nov 1, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the...
by Wells Funding Group | Oct 27, 2022 | Demographics, For Sellers, Housing Market Updates, Millennials
If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed...
by Wells Funding Group | Oct 26, 2022 | For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news...
by Wells Funding Group | Oct 25, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be...
