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

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.

Infographic showing falling mortgage rates, slower home price growth, and rising wages as factors improving home affordability.

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Cami Czarny is a leading real estate agent and has helped many buyers & sellers achieve their real estate dreams in Los Gatos, San Jose, and surrounding communities.
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