by Wells Funding Group | Aug 11, 2021 | Buying Myths, For Buyers, Interest Rates, Pricing
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than...
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 7, 2021 | Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Rent vs. Buy
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k...
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...
by Wells Funding Group | Jun 25, 2021 | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the...
