by Wells Funding Group | May 17, 2023 | For Buyers, For Sellers, Housing Market Updates, Pricing
The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will...
by Wells Funding Group | May 16, 2023 | For Buyers, For Sellers, Housing Market Updates, Pricing
If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home...
by Wells Funding Group | May 15, 2023 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The...
by Wells Funding Group | May 13, 2023 | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing
Some HighlightsWhile home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.Last July, prices started to decline, but around February, they began climbing back up.If you put your plans to move on hold...
by Wells Funding Group | May 12, 2023 | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold...
by Wells Funding Group | May 9, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up.But the...
