by Wells Funding Group | Jul 6, 2022 | For Sellers, Move-Up Buyers, Pricing
It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic...
by Wells Funding Group | Jun 27, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and...
by Wells Funding Group | Jun 24, 2022 | For Sellers, FSBOs, Infographics, Pricing, Selling Myths
Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in...
by Wells Funding Group | Jun 23, 2022 | First Time Home Buyers, For Buyers, Pricing
If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices...
by Wells Funding Group | Jun 21, 2022 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may...
by Wells Funding Group | Jun 16, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say...