by Wells Funding Group | Jul 11, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see...
by Wells Funding Group | Jul 8, 2022 | For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing
Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down...
by Wells Funding Group | Jul 7, 2022 | For Buyers, Housing Market Updates, Interest Rates
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their...
by Wells Funding Group | Jul 1, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable...
by Wells Funding Group | Jun 28, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding...
by Wells Funding Group | Jun 27, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and...
