by Wells Funding Group | Sep 21, 2022 | For Sellers, Interest Rates, Move-Up Buyers
Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your...
by Wells Funding Group | Sep 7, 2022 | Housing Market Updates, Interest Rates
If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your...
by Wells Funding Group | Aug 22, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But...
by Wells Funding Group | Aug 16, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this...
by Wells Funding Group | Aug 5, 2022 | For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Pricing
Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home...
by Wells Funding Group | Jul 12, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections...
