by Wells Funding Group | Nov 9, 2022 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so...
by Wells Funding Group | Nov 8, 2022 | First Time Home Buyers, For Buyers, Move-Up Buyers
Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons...
by Wells Funding Group | Nov 7, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s...
by Wells Funding Group | Nov 4, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2%...
by Wells Funding Group | Nov 3, 2022 | Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers
It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way...
by Wells Funding Group | Nov 1, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the...
