by Wells Funding Group | Sep 16, 2021 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason...
by Wells Funding Group | Sep 15, 2021 | First Time Home Buyer, For Buyers, Move-Up Buyers
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found...
by Wells Funding Group | Sep 10, 2021 | Buying Myths, First Time Home Buyer, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and data to truly...
by Wells Funding Group | Sep 7, 2021 | For Sellers, Interest Rates, Move-Up Buyers
If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner...
by Wells Funding Group | Aug 24, 2021 | For Sellers, Luxury Market, Move-Up Buyers
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2%...
by Wells Funding Group | Aug 23, 2021 | First Time Home Buyer, For Buyers, Interest Rates, Move-Up Buyers
Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money....