by Wells Funding Group | Jun 29, 2022 | Buying Myths, Down Payments, For Buyers
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good...
by Wells Funding Group | Jun 28, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding...
by Wells Funding Group | Jun 27, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and...
by Wells Funding Group | Jun 23, 2022 | First Time Home Buyers, For Buyers, Pricing
If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices...
by Wells Funding Group | Jun 22, 2022 | First Time Home Buyers, For Buyers, Move-Up Buyers
Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need...
by Wells Funding Group | Jun 20, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates
Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap...