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About Seth
The Blog
For Buyers
More about the Buyer's Incentive!
For Sellers
Successes
Discover Madison Neighborhoods
What people are Saying
Video Series
About Seth
The Blog
For Buyers
More about the Buyer's Incentive!
For Sellers
Successes
Discover Madison Neighborhoods
What people are Saying
Video Series
26 January 2024
|
Buying Myths
,
First Time Home Buyers
,
For Buyers
,
Infographics
,
Move-Up Buyers
,
Pricing
Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]
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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