Home Affordability Reaches Generational High

"If you have good credit and savings, now is a great time to buy. According to Zillow.com, "Homes are more affordable than they've been in the past 35 years." Not only have home values fallen in many key markets, making homeownership more accessible to the average buyer, interest rates are at historic lows, meaning that once a home is purchased, monthly payments are smaller than in our recent past."