The Top 3 Reasons Affordability Is Improving
Published on
October 4, 2024
In this Article...
Affordability is becoming more accessible for homebuyers in Charleston, thanks to declining mortgage rates, stabilized home prices, and rising wages. Charlotte Lemon, a Realtor at Charleston Home, highlights these key factors as reasons why now might be an ideal time to reconsider entering the housing market.The Top 3 Reasons Affordability Is Improving
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, connect with an agent to talk about why now may be the perfect time to jump back in.
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