by Wells Funding Group | Mar 17, 2023 | For Sellers, Foreclosures, Housing Market Updates, Infographics, Pricing
The housing market has seen significant shifts recently, but experts agree that a crash like the one seen in 2008 is unlikely. This infographic highlights key factors that suggest the housing market is not on the brink of a crash and why now might still be a good time...
by Wells Funding Group | Mar 2, 2023 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market...
by Wells Funding Group | Feb 16, 2023 | For Buyers, For Sellers, Housing Market Updates, Pricing
The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.Local price trends still vary by...
by Wells Funding Group | Jan 27, 2023 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Pricing
Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in...
by Wells Funding Group | Jan 24, 2023 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp,...
by Wells Funding Group | Jan 23, 2023 | For Sellers, Pricing, Selling Myths
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:“. . . some of...