The 3 Factors That Affect Home Affordability
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:
Want To Sell Your House? Price It Right.
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:
![What’s Really Happening with Home Prices? [INFOGRAPHIC],www-vegasluxuryhomes-chime-me](https://blog.chime.me/www-vegasluxuryhomes-com/wp-content/uploads/sites/1919/2023/01/Whats-Really-Happening-With-Home-Prices-KCM-Share-1.png)
What’s Really Happening with Home Prices? [INFOGRAPHIC]
