Key Highlights

• Affordability is driven by mortgage rates, home prices, and wages.

• Mortgage rates are falling, prices are steadying, and wages are on the rise, enhancing buying power.

• If you previously paused your search due to costs, it might be a great time to explore the market again.

With mortgage rates declining, home prices stabilizing, and wages increasing, housing affordability is at its best in recent years. If affordability has been holding you back, now may be the time to revisit your options. Let’s connect to see how these changes impact your buying potential and make the most of today’s favorable conditions.