{"id":698,"date":"2024-01-27T00:34:13","date_gmt":"2024-01-27T00:34:13","guid":{"rendered":"https:\/\/renwre.info\/2024\/01\/27\/why-its-more-affordable-to-buy-a-home-this-year-infographic\/"},"modified":"2024-01-27T00:34:13","modified_gmt":"2024-01-27T00:34:13","slug":"why-its-more-affordable-to-buy-a-home-this-year-infographic","status":"publish","type":"post","link":"http:\/\/renwre.info\/?p=698","title":{"rendered":"Why It\u2019s More Affordable To Buy a Home This Year [INFOGRAPHIC]"},"content":{"rendered":"<div><img decoding=\"async\" width=\"358\" src=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20240125\/202401-1.PNG\" alt=\"Why It\u2019s More Affordable To Buy a Home This Year [INFOGRAPHIC] Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\"><\/p>\n<p><a href=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20240125\/Why-Its-More-Affordable-To-Buy-A-Home-This-Year-MEM.png\" rel=\"noopener noreferrer\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20240125\/Why-Its-More-Affordable-To-Buy-A-Home-This-Year-MEM.png\"><\/a><\/p>\n<h3>Some Highlights<\/h3>\n<ul>\n<li><a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/01\/18\/3-key-factors-affecting-home-affordability\/\" rel=\"noopener noreferrer\" target=\"_blank\">Home affordability<\/a> depends on three factors: mortgage rates, home prices, and wages.<\/li>\n<li><a href=\"https:\/\/www.freddiemac.com\/pmms\/archive\" rel=\"noopener noreferrer\" target=\"_blank\">Mortgage rates<\/a> are down from their recent peak, <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/01\/23\/experts-project-home-prices-will-increase-in-2024\/\" rel=\"noopener noreferrer\" target=\"_blank\">home prices<\/a> are expected to rise at a slower pace, and <a href=\"https:\/\/fred.stlouisfed.org\/series\/CES0500000017\" rel=\"noopener noreferrer\" target=\"_blank\">wages<\/a> are increasing faster than usual.<\/li>\n<li>That\u2019s good news if you want to <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/01\/19\/key-terms-every-homebuyer-should-learn-infographic\/\" rel=\"noopener noreferrer\" target=\"_blank\">buy a home<\/a> because it means <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/01\/08\/what-lower-mortgage-rates-mean-for-your-purchasing-power\/\" rel=\"noopener noreferrer\" target=\"_blank\">affordability<\/a> is getting better.<\/li>\n<\/ul>\n<\/div>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s <a class=\"more-link\" href=\"http:\/\/renwre.info\/?p=698\">Continue reading <span class=\"screen-reader-text\">  Why It\u2019s More Affordable To Buy a Home This Year [INFOGRAPHIC]<\/span><span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/698"}],"collection":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=698"}],"version-history":[{"count":0,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/698\/revisions"}],"wp:attachment":[{"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=698"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}