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
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)
Planning To Sell in 2026? Start the Prep Now
Is the Housing Market Going To Crash? Here’s What Experts Say
The $280 Shift in Affordability Every Homebuyer Should Know
2026 Housing Market Outlook
Why More Buyers Are Turning to New Construction This Year
Don’t Let Unrealistic Pricing Cost You Your Move
Why Home Prices Aren’t Actually Flat
