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What Would a Recession Mean for the Housing Market?

by Wells Funding Group | Aug 16, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this...

What Does the Rest of the Year Hold for Home Prices?

by Wells Funding Group | Aug 11, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s...

Selling Your House? Your Asking Price Matters More Now Than Ever

by Wells Funding Group | Aug 9, 2022 | For Sellers, Pricing, Selling Myths

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that...

Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

by Wells Funding Group | Aug 5, 2022 | For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Pricing

Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home...

Buying a Home May Make More Financial Sense Than Renting One

by Wells Funding Group | Aug 3, 2022 | First Time Home Buyer, For Buyers, Pricing, Rent vs. Buy

If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com...

A Real Estate Professional Helps You Separate Fact from Fiction

by Wells Funding Group | Jul 28, 2022 | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths

If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted...
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