Did you know that you might be able to get into your new home with a down payment equal to just a few months’ rent?
The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down the optimal window of time in which to make a purchase.
Click here to read the three main factors that go into determining how affordable homes are for buyers.