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A Recession Doesn’t Equal a Housing Crisis

by Wells Funding Group | May 2, 2023 | Housing Market Updates, Interest Rates, Pricing

Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession,...

Why Today’s Foreclosure Numbers Are Nothing Like 2008

by Wells Funding Group | Apr 27, 2023 | Distressed Properties, Foreclosures, Housing Market Updates

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know...

The Three Factors Affecting Home Affordability Today

by Wells Funding Group | Apr 26, 2023 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just...

What Are the Experts Saying About the Spring Housing Market?

by Wells Funding Group | Apr 25, 2023 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is...

Think Twice Before Waiting for Lower Home Prices

by Wells Funding Group | Apr 17, 2023 | First Time Home Buyer, For Buyers, Housing Market Updates, Millennials, Move-Up Buyers, Pricing

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media...

Want To Sell Your House This Spring? Price It Right.

by Wells Funding Group | Apr 13, 2023 | For Sellers, Housing Market Updates, Selling Myths

Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most attention from buyers right now. If you’re thinking of selling your house this spring, it’s...
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