by Wells Funding Group | May 27, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some...
by Wells Funding Group | May 26, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Pricing, Rent vs. Buy
The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle....
by Wells Funding Group | May 25, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months...
by Wells Funding Group | May 21, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Infographics
Some Highlights For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest...
by Wells Funding Group | May 18, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing
Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings. In an...
by Wells Funding Group | May 17, 2021 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as...
