Las Vegas Market Watch

WHY IT’S MORE AFFORDABLE TO BUY A HOME THIS YEAR [INFOGRAPHIC]

January 26, 2024
By Vilma Tungol
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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 Vilma Tungol