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
- All Blogs (485)
- Baby Boomers (1)
- Buyers (1)
- Buying Myths (4)
- Demographics (1)
- Distressed Properties (1)
- First Time Home Buyers (8)
- For Buyers (21)
- For Sellers (15)
- Foreclosure (2)
- Housing Market Updates (19)
- Infographic (4)
- Interest Rates (3)
- Move-Up Buyers (5)
- New Construction (2)
- Pricing (9)
- Rent vs. Buy (2)
- Selling Myths (3)
- Senior Market (1)
Recent Posts
The Truth About Credit Scores and Buying a Home
How Much Home Equity Have You Gained? The Answer Might Surprise You
How Mortgage Rates Affect Your Monthly Payment
What To Save for When Buying a Home
Mortgage Forbearance: A Helpful Option for Homeowners Facing Challenges
Expert Forecasts for the 2025 Housing Market
Time in the Market Beats Timing the Market
Get Ready To Buy a Home in 2025
Home Staging FAQ: What You Need To Know
New Year, New Home: How To Make It Happen in 2025
I have been selling all types of real estate since 1991. My consistent ranking in the top 5% of the nation among my peers, speaks to my level of expertise and dedication. I strive to stay on top of the latest trends and techniques in the constantly evolving world of real estate and offer the best customer service possible.