by Wells Funding Group | Jan 31, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable...
by Wells Funding Group | Jan 4, 2022 | First Time Home Buyers, For Buyers, Rent vs. Buy
Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents...
by Wells Funding Group | Nov 15, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy
As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to consider. Here are a...
by Wells Funding Group | Nov 1, 2021 | First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a...
by Wells Funding Group | Oct 11, 2021 | First Time Home Buyers, For Buyers, Rent vs. Buy
A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership...
by Wells Funding Group | Oct 7, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR):...
