by Wells Funding Group | Jul 13, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing
In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is...
by Wells Funding Group | Jul 9, 2021 | For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing
Some Highlights The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time to sell, your...
by Wells Funding Group | Jul 6, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners...
by Wells Funding Group | Jul 5, 2021 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize on these market...
by Wells Funding Group | Jul 1, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing
The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based on experience and expertise....
by Wells Funding Group | Jun 30, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does...
