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
A Vineyard Aerie Above Glen Ellen, $4.1M
Home Projects That Add the Most Value
Is It Better To Rent or Buy a Home?
The Secret To Selling Your House in Today’s Market
Many Veterans Don’t Know about This VA Home Loan Benefit
Common Real Estate Terms Explained
Paul R. Williams And Old-School Glamor In La Canada Flintridge, $8.5M
Real Estate Is Voted the Best Long-Term Investment 12 Years in a Row
Navigating Today’s Market
Thinking about an Adjustable-Rate Mortgage? Read This First.