by Wells Funding Group | May 1, 2023 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been...
by Wells Funding Group | Mar 22, 2023 | First Time Home Buyers, For Buyers, Rent vs. Buy
Are you having trouble finding a home that fits your needs and your budget? If so, you should know there’s an option worth considering – condominiums, also known as condos. According to Bankrate:“A condo can be a more affordable entry point to homeownership than a...
by Wells Funding Group | Mar 20, 2023 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or...
by Wells Funding Group | Dec 8, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association...
by Wells Funding Group | Oct 19, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling...