Why It's More Affordable To Buy a Home This Year

Why It's More Affordable To Buy a Home This Year

  • Kenny Eggmann
  • 01/31/24

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.

 

KENNY EGGMANN

#1 Coldwell Banker Realty Office in the Nation
840 Newport Center Dr., Ste.100 | Newport Beach, Ca 92660
C. 949.342.0142
KennyEggmann.com
CaIRE# 01969140

LOCAL KNOWLEDGE & GLOBAL CONNECTIONS

With many decades of combined knowledge of the Costal Orange County, the we look forward to providing you with a real estate experience that is second to none. Please feel free to explore our website, and contact Kenny with any questions you may have.