Quantcast
Home / Columnists / Jim Woodard / Home prices rise, but so does homebuyers’ power (access required)

Home prices rise, but so does homebuyers’ power (access required)

Nationwide, home affordability is up and growing, driven by low mortgage rates (but now rising a bit) and stabilizing incomes, thus giving consumers more buying power, according to a report published by the National Association of Realtors. The NAR report cited an interesting example: "Assuming a 5 percent down payment, a 3.5 percent mortgage rate, and ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

%d bloggers like this: