Real Listing Team

The Top 3 Reasons Affordability Is Improving

There are 3 big reasons affordability is improving today. Mortgage rates
are coming down, home prices are moderating, and wages are rising. If you
hit pause on your home search because it felt out of reach, maybe it’s time
to dive back in.

The Top 3 Reasons Affordability Is Improving

There are three significant reasons why affordability is improving today. Mortgage rates are decreasing, home prices are stabilizing, and wages are increasing. If you put your home search on hold because it seemed unattainable, perhaps now is the time to reconsider and get back into the search.

#affordability #mortgagerates #keepingcurrentmatters

Data Sources

https://www.freddiemac.com/pmms/archive

https://www.spglobal.com/spdji/en/indices/indicators/sp-corelogic-case-shiller-20-city-composite-home-price-nsa-index/news-research

https://fred.stlouisfed.org/series/CES0500000017

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