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REALTORS® – SERVING NORTHEAST OHIO

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

Posted on January 26, 2024 by dustinpurtan

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Simplifying The Market

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.

Source: KCM

Tagged The Purtan Group

Dustin A. Purtan – Team Lead/Founder
THE PURTAN GROUP, SERVING NORTHEAST OHIO
KELLER WILLIAMS CHERVENIC REALTY
3070 W Market St, Fairlawn, OH 44333

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