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.
Categories
Recent Posts
Preparing SoCal Homes for Late Fall and Winter
Valley vs. “Over the Hill”: Where Does Your Dollar Stretch Further in 2026?
Why October and November Can Reward Buyers and Sellers
Programs for First-Time Home Buyers
Understanding the Impact of Interest Rates on Home Purchasing Decisions
The Impact of Tariffs on Housing Affordability Across Income Levels
Navigating Multiple Offers on Your Property: A Comprehensive Guide
Important New Requirements when Selling or Buying a CONDO
Why Homes Are Taking Longer to Sell in Los Angeles
The San Fernando Valley Is Not One Market: What the Price Gap Means for Local Buyers and Homeowners
GET MORE INFORMATION
