{"id":1177,"date":"2024-01-26T06:30:00","date_gmt":"2024-01-26T11:30:00","guid":{"rendered":"http:\/\/myhelpcomesfromthelord.com\/index.php\/2024\/01\/26\/why-its-more-affordable-to-buy-a-home-this-year-infographic\/"},"modified":"2024-01-26T06:30:00","modified_gmt":"2024-01-26T11:30:00","slug":"why-its-more-affordable-to-buy-a-home-this-year-infographic","status":"publish","type":"post","link":"https:\/\/myhelpcomesfromthelord.com\/index.php\/2024\/01\/26\/why-its-more-affordable-to-buy-a-home-this-year-infographic\/","title":{"rendered":"Why It\u2019s More Affordable To Buy a Home This Year [INFOGRAPHIC]"},"content":{"rendered":"<div><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/myhelpcomesfromthelord.com\/wp-content\/uploads\/2024\/01\/202401-1.png?w=358&#038;ssl=1\" 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:\/\/i0.wp.com\/myhelpcomesfromthelord.com\/wp-content\/uploads\/2024\/01\/Why-Its-More-Affordable-To-Buy-A-Home-This-Year-MEM.png?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/myhelpcomesfromthelord.com\/wp-content\/uploads\/2024\/01\/Why-Its-More-Affordable-To-Buy-A-Home-This-Year-MEM.png?w=730&#038;ssl=1\"><\/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","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 href=\"https:\/\/myhelpcomesfromthelord.com\/index.php\/2024\/01\/26\/why-its-more-affordable-to-buy-a-home-this-year-infographic\/\"> Read more&#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":1178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[25,7,8,9,10,11,12,20,1,14],"tags":[],"class_list":["post-1177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-myths","category-first-time-home-buyers","category-for-buyers","category-for-sellers","category-housing-market-updates","category-infographics","category-move-up-buyers","category-pricing","category-real-estate-trends","category-rss"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/myhelpcomesfromthelord.com\/wp-content\/uploads\/2024\/01\/202401-1.png?fit=750%2C410&ssl=1","_links":{"self":[{"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/posts\/1177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/comments?post=1177"}],"version-history":[{"count":0,"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/posts\/1177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/media\/1178"}],"wp:attachment":[{"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/media?parent=1177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/categories?post=1177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myhelpcomesfromthelord.com\/index.php\/wp-json\/wp\/v2\/tags?post=1177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}