by Wells Funding Group | Jun 21, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is...
by Wells Funding Group | Jun 18, 2021 | First Time Home Buyers, For Buyers, Infographics, Pricing, Rent vs. Buy
Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your monthly payment is locked...
by Wells Funding Group | Jun 15, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates...
by Wells Funding Group | Jun 14, 2021 | For Buyers, For Sellers, Housing Market Updates
In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, the...
by Wells Funding Group | Jun 11, 2021 | For Buyers, For Sellers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade – there’s likely high demand for your current house, and...
by Wells Funding Group | Jun 10, 2021 | For Buyers, For Sellers, Housing Market Updates
During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that...
