by Wells Funding Group | Sep 13, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose...
by Wells Funding Group | Sep 8, 2022 | For Sellers, Move-Up Buyers
There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your...
by Wells Funding Group | Sep 1, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction
According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and...
by Wells Funding Group | Aug 31, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it...
by Wells Funding Group | Aug 25, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things...
by Wells Funding Group | Aug 22, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Interest Rates, Move-Up Buyers, Pricing
If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But...
