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Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years

by Wells Funding Group | Feb 8, 2023 | For Sellers, Housing Market Updates

The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so. Your...

Experts Forecast a Turnaround in the Housing Market in 2023

by Wells Funding Group | Feb 2, 2023 | For Buyers, For Sellers, Housing Market Updates

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the...

Lower Mortgage Rates Are Bringing Buyers Back to the Market

by Wells Funding Group | Jan 31, 2023 | For Sellers, Housing Market Updates, Move-Up Buyers

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.Now, however, rates are beginning to come...

Where Will You Go If You Sell? You Have Options.

by Wells Funding Group | Jan 30, 2023 | For Sellers, Housing Market Updates, Move-Up Buyers, New Construction

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.In today’s market, it makes sense to explore all your options. That includes both homes that have...

Why It Makes Sense To Move Before Spring

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

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that...

Why You Shouldn’t Fear Today’s Foreclosure Headlines

by Wells Funding Group | Jan 25, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates

If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices...
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