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Blog | Clark Real Estate Group

Articles Containing Relevant Information Including Tips Infographics Concerning Buying Myths For Sellers About Distressed Properties Explaining Down Payments First Time Home Buyers Detailing Foreclosures About Housing Market Updates Regarding Interest Rates Covering News Explaining Pricing Concerning Selling Myths For Buyers

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.

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