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The Average Homeowner Gained $64K in Equity over the Past Year

by Wells Funding Group | Jun 21, 2022 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may...

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

by Wells Funding Group | Jun 20, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates

Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap...

More Listings Are Coming onto the Market [INFOGRAPHIC]

by Wells Funding Group | Jun 17, 2022 | For Sellers, Housing Market Updates, Infographics

Some Highlights Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home. But inventory...

Home Price Deceleration Doesn’t Mean Home Price Depreciation

by Wells Funding Group | Jun 16, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say...

Is the Housing Market Correcting?

by Wells Funding Group | Jun 14, 2022 | For Buyers, For Sellers, Housing Market Updates

If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating...

More Americans Choose Real Estate as the Best Investment Than Ever Before

by Wells Funding Group | Jun 13, 2022 | For Buyers, Housing Market Updates

Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before. The graph...
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