by Wells Funding Group | Sep 27, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From...
by Wells Funding Group | Sep 23, 2021 | Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait,...
by Wells Funding Group | Sep 22, 2021 | Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Millennials
There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the...
by Wells Funding Group | Sep 16, 2021 | First Time Home Buyers, 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 Buyers, 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 Buyers, 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...
