Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

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.

keywords: "affordable home buying, 2023 housing market, homeownership incentives, low-interest rates, home purchase savings, first-time homebuyer, real estate trends"

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