A Key To Building Wealth Is Homeownership

by Wells Funding Group | Mar 28, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Rent vs. Buy

The link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of...

What You Can Expect from the Spring Housing Market

by Wells Funding Group | Mar 24, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate...

What You Need To Know if You’re Thinking About Building a Home

by Wells Funding Group | Mar 23, 2022 | For Buyers, Housing Market Updates, Move-Up Buyers, New Construction

If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue. While home builders are...

The Average Homeowner Gained More Than $55K in Equity over the Past Year

by Wells Funding Group | Mar 21, 2022 | For Sellers, Housing Market Updates, Pricing

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect –...

Did Your Dream Home Just Come on the Market?

by Wells Funding Group | Mar 17, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers

For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of...

This Spring Presents Sellers with a Golden Opportunity

by Wells Funding Group | Mar 14, 2022 | For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, you should know – you may be...