by Wells Funding Group | Jul 21, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about...
by Wells Funding Group | Jul 19, 2022 | First Time Home Buyers, For Buyers, Move-Up Buyers
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from...
by Wells Funding Group | Jul 18, 2022 | For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is undergoing a shift, and the supply of homes for sale is increasing as a...
by Wells Funding Group | Jul 13, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of...
by Wells Funding Group | Jul 11, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see...
by Wells Funding Group | Jul 8, 2022 | For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing
Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down...
