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The Top 3 Reasons Affordability Is Improving

By
Real Estate Agent with PHP Houses SL3302417

Affordability is based on three key factors: mortgage rates, home prices, and wages. And today, it’s improving quickly as rates come down, prices level off, and wages climb. If you put your search on pause because it was too expensive to buy, let’s talk about why now may be the perfect time to jump back in.

 

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PHP Houses
142 W Lakeview Ave
Unit 1030
Lake Mary, FL 32746
Ph: (407) 641-1531
Fax: (407) 205-1951
email: info@phphouses.com

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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The author will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
Roy Kelley
Retired - Gaithersburg, MD

This is a good report to share with prospective home buyers.

Have a productive month.

Oct 04, 2024 02:13 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Walter DiLoreto it is encouraging that some parts of the country are starting to see a more balanced market, but here in CT home prices continue to go up.

Oct 04, 2024 03:33 PM
John Pusa
Glendale, CA

Hello Walter DiLoreto these are great list of top reasons affordability is improving.

Oct 04, 2024 04:18 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Oct 05, 2024 03:41 AM