02/21/2026
Buying a home is getting more affordable, and this graph helps explain why.
It shows how much of a household’s income typically goes toward buying a home. As a general rule, spending 30% or less of your income on housing is considered affordable.
For the last couple of years, the math was still well above that threshold. But lately, things have been getting better thanks to a mix of lower mortgage rates, slower home price growth, and rising wages.
While affordability isn't going to snap back overnight, the trend is finally moving in the right direction.
If you want to talk through what this means for your buying power, send me a message and let’s break it down.
