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

Key Points to Note:

The affordability of homes is influenced by three main factors: mortgage rates, home prices, and wages.

Currently, mortgage rates have decreased from their recent high, there is an anticipation of a more gradual increase in home prices, and wages are growing at an accelerated rate.

This positive trend is advantageous for potential homebuyers, signaling an improvement in overall affordability.

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