by Wells Funding Group | Feb 24, 2022 | For Sellers, Housing Market Updates
Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply. Purchaser demand is very strong right now. The National Association of Realtors (NAR) just...
by Wells Funding Group | Feb 23, 2022 | For Buyers, For Sellers, Housing Market Updates
In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there...
by Wells Funding Group | Feb 21, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term...
by Wells Funding Group | Feb 18, 2022 | For Sellers, Housing Market Updates, Infographics
Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising...
by Wells Funding Group | Feb 17, 2022 | Housing Market Updates, Interest Rates, Pricing
A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the...
by Wells Funding Group | Feb 16, 2022 | For Sellers, Housing Market Updates
While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving...
