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Key Terms To Know When Buying a Home [INFOGRAPHIC]

by Wells Funding Group | Jan 13, 2023 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers

Some Highlights Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to...

What Are Your Goals in the Housing Market This Year?

by Wells Funding Group | Jan 2, 2023 | First Time Home Buyer, For Buyers, Interest Rates, Move-Up Buyers

If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, high inflation...

What Makes a House a Home?

by Wells Funding Group | Dec 22, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too. Home...

Mortgage Rates Are Dropping. What Does That Mean for You?

by Wells Funding Group | Dec 19, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist...

Planning to Retire? It Could Be Time To Make a Move.

by Wells Funding Group | Dec 15, 2022 | Baby Boomers, Demographics, For Sellers, Move-Up Buyers, Senior Market

If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move...

You May Have More Negotiation Power When You Buy a Home Today

by Wells Funding Group | Dec 14, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers

Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors...
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