by Wells Funding Group | Aug 5, 2021 | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an existing home.”...
by Wells Funding Group | Aug 3, 2021 | First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic...
by Wells Funding Group | Aug 2, 2021 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision....
by Wells Funding Group | Jul 30, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights If you’re thinking about buying a home but considering delaying the decision in hopes of saving money, it’s time to reevaluate that plan. While waiting might feel like a cautious choice, it could actually lead to higher costs over time, especially as...
by Wells Funding Group | Jul 26, 2021 | For Buyers, For Sellers, Housing Market Updates
If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from...
by Wells Funding Group | Jul 23, 2021 | For Buyers, For Sellers, Infographics
Some Highlights The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price...