by Wells Funding Group | Jan 20, 2023 | For Sellers, Housing Market Updates, Infographics, Pricing
Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home...
by Wells Funding Group | Jan 18, 2023 | For Buyers, For Sellers, Pricing
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened...
by Wells Funding Group | Dec 21, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more...
by Wells Funding Group | Dec 20, 2022 | For Sellers, Housing Market Updates, Pricing
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your home minus what you owe on the loan....
by Wells Funding Group | Dec 6, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price...
by Wells Funding Group | Nov 9, 2022 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so...