by Wells Funding Group | Aug 12, 2022 | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record...
by Wells Funding Group | Aug 11, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s...
by Wells Funding Group | Aug 10, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your...
by Wells Funding Group | Aug 5, 2022 | For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Pricing
Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home...
by Wells Funding Group | Aug 3, 2022 | First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com...
by Wells Funding Group | Aug 2, 2022 | For Buyers, For Sellers, Foreclosures, Housing Market Updates
With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in...
