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.
If you have any questions about this article or other real estate challenges, please contact me directly!
Until next time, stay real informed!
Richard Allen
REALTOR®, Media Realty Group Inc.
Licensed in MA, CT, RI and NH
President, the realinsyghts group LLC™
Zillow Premier Agent
508-686-0940
The information contained and the opinions expressed in this article are not intended to be construed as investment advice. the realinsyghts group™ LLC and Media Realty Group, Inc. do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. the realinsyghts group™ LLC and Media Realty Group, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.