by Wells Funding Group | Sep 20, 2021 | For Buyers, For Sellers, Move-Up Buyers
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses...
by Wells Funding Group | Sep 17, 2021 | For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Rent vs. Buy
Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple...
by Wells Funding Group | Sep 16, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason...
by Wells Funding Group | Sep 15, 2021 | First Time Home Buyers, For Buyers, Move-Up Buyers
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found...
by Wells Funding Group | Sep 10, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and data to truly...
by Wells Funding Group | Sep 9, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing
One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest...
