Posts from September 22nd, 2025
Real Estate Market Updates
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September
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3 Reasons Affordability Is Showing Signs of Improvement This Fall
3 Reasons Affordability Is Showing Signs of Improvement This Fall
For the past couple of years, it's been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn't feel possible. Maybe you were one of them.
But there's some encouraging news. If you've been waiting for a better time to jump back in, affordability may finally be showing signs of improvement this fall.
The latest data from Redfin shows the typical monthly mortgage payment has been coming down, and is now about $290 lower than it was just a few months ago (see graph below):
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