Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]
![Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240125/202401-1.PNG)
Some Highlights
- Home affordability depends on three factors: mortgage rates, home prices, and wages.
- Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual.
- That’s good news if you want to buy a home because it means affordability is getting better.
Categories
Recent Posts
Would You Let $80 a Month Hold You Back from Buying a Home?
Are Builders Overbuilding Again? Let’s Look at the Facts.
The VA Home Loan Advantage: What Every Veteran Should Know Right Now
What a Government Shutdown Really Means for the Housing Market
Why Your Home Equity Still Puts You Way Ahead
How To Make Sure Your Sale Crosses the Finish Line
Thought the Market Passed You By? Think Again.
Why You Don’t Need To Be Afraid of Today’s Mortgage Rates
Why Some Homes Sell Quickly – and Others Don’t Sell at All
The Reason Homes Feel Like They Cost So Much (It’s Not What You Think)
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”