How Affordability is Improving
Imagine having $283 extra every month ๐ตโจ Maybe that goes toward your savings ๐ท๐ Maybe it helps with childcare, groceries, or a weekend getaway ๐งบ๐งธโ๏ธ Or maybe it simply gives you a little more breathing room โ something we could all use ๐ฟ๐ Thanks to recent improvements in mortgage rates ๐ and cooler home prices ๐ ๐, that scenario is becoming more realistic. Monthly mortgage payments on a median-priced home have dropped almost $300 in just a few months. ๐ It doesnโt solve every challenge in todayโs housing market, but it is a step in the right direction โก๏ธโจ especially if youโve been waiting, watching, and hoping for a window of opportunity ๐๐ช Earlier this year, many buyers stepped back because their budget just couldnโt stretch far enough ๐๐ธ Now? You may be surprised by how much more doable things feel. This is officially the most affordable market weโve seen in 2.5 years ๐๐ Curious how this shift could change your monthly payment or what price range might now fit your budget? Message me anytime โ Iโd love to help you run the numbers and see whatโs possible ๐ฌ๐ฒ๐ #๏ธโฃ #OrangeCountyRealEstate #MortgageTips #MXAssociates
