💥Affordability on the Rise?
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️Affordability on the Rise... Your Dream Home is Closer Than You Think! To read the full article... Click HERE.
I specialize in the East Valley of the Phoenix Metro area - Gilbert, Mesa, Chandler, Tempe, Scottsdale, Apache Junction, and Gold Canyon
☀️For ALL of Your East Valley AZ Real Estate Needs
📞Call or 🙋♂Text Brian at 480-773-2370
You are welcome, Sham Reddy CRS, affordablility needs to be on the rise. I hope that you will have a great day!
You make a great point Michael Jacobs and it seems that fewer and fewer conversations these days remain civil, there is such a divide, haha.
Good morning, Nina Hollander, Broker it seems that when areas are thriving, prices continue to rise.
Nina Hollander, Broker
Charlotte, NC
Brian England it all has to do with lack of inventory in the Charlotte area... demand versus supply.
Good morning Brian. Too soon for the effects of the fed rate cut to sink in. Prices for real estate are still high. If mortgage rates fall are we encouraging people to set themselves up failure by getting them qualified for the largest loan they can get and not having adequate reserve funds? Wages are not on pace with the increase in the cost of goods! And finally, credit card debt will prevent many from qualifying. Be careful what you wish for. Enjoy your day.
Brian England
Gilbert, AZ
Good morning, Wayne Martin I hate that wages have not kept up with inflation, that is the biggest issue.
The price of homes is ridiculous now - I hope that either wages go up or prices stabilize
Brian England
Gilbert, AZ
Roy Kelley
Gaithersburg, MD
The current mortgage interest rates are attractive for prospective home buyers.
Brian England
Gilbert, AZ
Brian England
Gilbert, AZ
Lawrence "Larry" & She...
Plainview, NY
I couldn't agree more Lise Howe and I think both need to happen for things to be right, haha.
I see that as well Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 but I find it very sad that wages have not kept up with inflation.
Hello Brian and three great points to share with buyers and us here in the Rain. Hope you are doing great today!
Brian England
Gilbert, AZ
I am glad that you appreciate them Will Hamm and I hope that you are having a good day my friend!
Brian while lower mortgage interest rates will help a little in making homes a little more affordable it is not enough. Lower price homes will need to come on the market, and so far I don't see any signs of that in CT.
Hannah Williams
Philadelphia, PA
Brian England
Gilbert, AZ
That is a big problem George Souto I am not seeing lower-priced homes coming onto the market either.
Well what a thought provoking post, my take is "affordability" is a relative term especially in my market:)Endre
Brian England
Gilbert, AZ
Brian England Maybe affordability in over 55 communities and that is questionable; maybe condos - even with grant money, it is difficult for young people to afford to purchase - it is cheaper to rent and rent is not cheap
Brian England
Gilbert, AZ
Your words are true Endre Barath, Jr., especially since I cannot afford anything in your market, haha.
It's a very sad state of affairs Hannah Williams nothing is affordable these days.
Hannah Williams
Philadelphia, PA
I could answer That Brian England, but I will not
The hint of a possible increase in affordability is connected to currently and future declining mortgage rates. BUT...prices are still going up so affordability will continue to be an issue in my market.
Brian England
Gilbert, AZ
I agree with that John Juarez it's got to be more than just interest rates for homes to become more affordable.
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