The Top 3 Reasons Affordability Is Improving
Affordability is based on three key factors: mortgage rates, home prices, and wages.
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Affordability is based on three key factors: mortgage rates, home prices, and wages.
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion.
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments.
We share insightful articles and resources to help homeowners and real estate professionals stay connected to the top trends related to the real estate market and local happenings in Tallahassee.