by Wells Funding Group | Sep 22, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would...
by Wells Funding Group | Sep 20, 2022 | For Buyers, For Sellers, Housing Market Updates
While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising...
by Wells Funding Group | Sep 19, 2022 | For Sellers, Housing Market Updates, Selling Myths
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years....
by Wells Funding Group | Sep 15, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to...
by Wells Funding Group | Sep 14, 2022 | For Buyers, For Sellers, Housing Market Updates
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things...
by Wells Funding Group | Sep 13, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose...
