by Wells Funding Group | Apr 18, 2023 | Demographics, First Time Home Buyers, For Buyers, Millennials
In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why?...
by Wells Funding Group | Apr 17, 2023 | First Time Home Buyers, 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...
by Wells Funding Group | Mar 7, 2023 | Baby Boomers, Demographics, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at...
by Wells Funding Group | Dec 1, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Move-Up Buyers
If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022...
by Wells Funding Group | Nov 28, 2022 | For Sellers, Housing Market Updates, Millennials
Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The...
by Wells Funding Group | Nov 17, 2022 | Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials
If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of...