Las Vegas Market Watch
WHY IT’S MORE AFFORDABLE TO BUY A HOME THIS YEAR [INFOGRAPHIC]
January 26, 2024
By Olga M M Kokubu
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.
January 26, 2024
By Olga M M Kokubu