Why It’s More Affordable To Buy a Home in 2024

Dated: February 2 2024

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

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.
  • Connect with Armine Group at 818 389 4465 to get started!
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Arminé Ghevian

My goal is simple: a commitment to finding the dream home, purchase, or sale for my clients. With more than 25 years of experience in the real estate industry & the Los Angeles County market, my t....

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