Is home affordability improving?

If you’ve been waiting for a sign to get serious about your home search, the National Association of REALTORS® just released their Existing Home Sales Report today, and it’s full of good news for buyers. Here is the breakdown of what is actually happening in the market right now: Affordability is Improving: The Housing Affordability Index reached its highest level since March 2022. More Options on the Market: Total housing inventory is up 2.4% from last month. The "Market Shift" is Here: Sales are up 1.7% as savvy shoppers jump on the current inventory. How to find the best deals right now: While more homes are hitting the market, the best opportunities are often found with sellers who are motivated to move quickly. I’ve curated a real-time list of Price Reduced homes in our area. These are properties where the sellers have already made a move to attract a buyer, giving you a potential edge in negotiations. View the List of Price Reduced Homes Here Are you ready to see what's available in your price range? Reply and let’s go find your next home.