Blog > Will Real Estate Ever Be Affordable Again?

Will Real Estate Ever Be Affordable Again?

by Gordon Hageman

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Affordability is relative and tied closely to wages, interest rates, and inventory. In my experience, while home prices rarely drop dramatically, affordability can improve through slower appreciation, increased housing supply, and lower borrowing costs. Creative solutions — like smaller floor plans, mixed-use developments, and suburban expansion — also help balance the equation. Over time, as income levels rise and more diverse housing options enter the market, affordability tends to stabilize. It’s important to remember that “affordable” looks different for everyone, and strategic buying can help people enter the market even when prices feel high.

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Gordon Hageman

Gordon Hageman

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