by Wells Funding Group | May 4, 2023 | Demographics, For Buyers, For Sellers
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their...
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 | Mar 28, 2023 | Demographics, First Time Home Buyers, For Buyers
Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.Why...
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 | Feb 22, 2023 | Baby Boomers, Demographics, For Buyers, For Sellers
Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research...
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...