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Home Prices • Mortgage Rates • October 23, 2024

The Top 3 Reasons Affordability Is Improving

by Peter "Pete" Hall

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Some Highlights

  • 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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