by Wells Funding Group | Sep 1, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy
As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in...
by Wells Funding Group | Aug 30, 2021 | First Time Home Buyers, For Buyers, Rent vs. Buy
Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial...
by Wells Funding Group | Aug 26, 2021 | First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy
There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in...
by Wells Funding Group | Aug 23, 2021 | First Time Home Buyers, 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....
by Wells Funding Group | Aug 20, 2021 | First Time Home Buyers, For Buyers, Infographics
Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine your true needs. If...
by Wells Funding Group | Aug 19, 2021 | Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Rent vs. Buy
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains...
