by Wells Funding Group | Jun 7, 2022 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could...
by Wells Funding Group | Jun 3, 2022 | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing
Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during...
by Wells Funding Group | Jun 1, 2022 | For Buyers, For Sellers, Housing Market Updates
In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several times a year, the Mortgage Bankers Association (MBA) releases...
by Wells Funding Group | May 31, 2022 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers
If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts...
by Wells Funding Group | May 25, 2022 | For Buyers, For Sellers, Housing Market Updates
If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National Association of Realtors (NAR) releases...
by Wells Funding Group | May 24, 2022 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home...
