Sell My House in MD | Homes Are More Affordable Today, Not Less Affordable

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Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Most real estate brokers and agents don’t really have all the tools needed to provide 100% selling services to sellers that need to sell their houses quick, for cash and at a fair price.


This is why we have integrated fully with all the data on the MLS and became a real estate source to thousands of investors in the MD, DC & VA region.


In order for most consumers to take advantage of the competition between these investors, we’ve created the perfect system. If you are in the market to sell you home and you are in need for a fair offer right away… you’ve come to the right place.


We can provide customised innovation towards all your real estate needs if you are a home seller.
Today, I would like to talk to you about Homes Are More Affordable Today, Not Less Affordable

 

There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years.

 

It’s not, however, just the price of a home that matters.

 

Homes, in most cases, are purchased with a mortgage. The current mortgage rate is a major component of the affordability equation. Mortgage rates have fallen by over a full percentage point since December 2018. Another major piece of the affordability equation is a buyer’s income. The median family income has risen by approximately 3% over the last year.

 

The National Association of Realtors (NAR) releases a monthly Housing Affordability Index. The latest index shows that home affordability is better today than at almost any point over the last 30 years. The index determines how affordable homes are based on the following:

 

 

READ MORE:  https://www.reallynicehomes.com/sell-my-house-in-md-homes-are-more-affordable-today-not-less-affordable/


???Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 
www.99SOLD.com - Call or text 240-426-5754 for more information.

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Topic:
Home Selling
Location:
Maryland Montgomery County
Groups:
Local Expert
Tags:
selling
buying a home in md
homes for sale in md
selling homes in md
sell my house in md
buy my house in md

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Rainmaker
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

This is valuable real estate market data for home buyers and sellers in your vicinity. Fernando.

Jan 15, 2020 07:28 PM #1
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Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
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