In the midst of rising costs, affordable housing advocates are saying now might be the ideal time for potential homebuyers to enter the market.
Developers are actively working to make homeownership more accessible by buying down interest rates, allowing buyers like Tanisha Augustus to secure a mortgage at 4.5% for her new townhome in South Town Development.
“I’m excited for these buyers who have really been struggling with the cost of living,” Maja Sly, an affordable housing advocate, told Channel 2’s Lori Wilson. “This allows them to be in a home but also make it affordable.”…