by Wells Funding Group | Jun 6, 2022 | For Sellers, Pricing, Selling Myths
If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’ market might be just the answer for your summer plans. With homes continuing to get multiple offers, this could be your moment to get the contract you’re...
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 | 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...
by Wells Funding Group | May 10, 2022 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts...
by Wells Funding Group | May 3, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an...
by Wells Funding Group | May 2, 2022 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are...
