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.
Categories
Recent Posts

Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff

Are These Myths About Buying a Newly Built Home Holding You Back?
What You Need To Know About Concessions

Online Home-Buying Search Terms Recently Hit 2-Year High

Why Selling Without an Agent Can Cost You More Than You Think

A Second Home Might Be the Missing Piece in Your Retirement Plan

3 Advantages of Buying a Newly Built Home Today

The Truth About Down Payments (It’s Not What You Think)

The 3 Things You Risk by Pricing Too High

What Credit Score Do You Really Need To Buy a Home?
Whether you're trying to buy your dream home or selling your current one, LPT Realty's number one priority is to help find you the best deal possible while providing exceptional customer service. LPT Realty agents are armed with best in class technology and marketing tools to help you make informed decisions about buying or selling your home, and are there for you every step of the way.