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  • REAL News Topics
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  • Jan 26, 2024
Blogs

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

  • Brad Johnson
  • 12:00 pm
Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Simplifying The Market

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.

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