Vic Markarian, recognized as the top real estate agent in Granada Hills, CA, provides valuable insights on the current state of housing affordability. As market conditions evolve, understanding affordability trends is crucial for both buyers and sellers. “Affordability is tight, but there are signs it may improve as the year goes on,” says Markarian. “Staying informed about these changes is essential for making the right decisions.”
One of the critical factors influencing housing affordability is the balance between renting and buying. Recent reports suggest that while renting may seem more affordable in some markets, this perspective often overlooks the benefits of homeownership, such as building equity. “When you buy a home, your monthly payments contribute to your investment, unlike rent, which is just an expense,” explains Markarian. Best real estate agents in Granada Hills, CA, like Markarian and his team at Vic Markarian Reak ...