The status of home affordability is a constant discussion in housing markets across the country. The economy can improve and improve, but without people buying homes, recovery doesn’t get very far. Thankfully, home affordability has been improving year after year, and numbers are looking better than they have in quite some time!
According to AOL Real Estate, the “majority of homes nationwide are more affordable now than they were in the years leading up to the start of the housing bubble.” By historical standards, two-thirds of homes currently on the market (through Zillow) are considered affordable, with many metro areas more affordable now for “typical buyers making the area’s median income.”
With low mortgage rates, homebuyers are able to get more for their money, increasing home affordability across the board. And to get the most for their money, many buyers look to the new townhomes for sale at Villages of Urbana. Built by both Ryan Homes and NVHomes, moving into a townhome in our community is an excellent way to take advantage of current market conditions.
NVHomes
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With the NVHomes townhome, residents can expect granite countertops, hardwood floors, stainless steel appliances, maple cabinetry, and a luxurious master bathroom. Best of all, these homes are 100% ENERGY STAR certified, meaning homeowners can live more comfortably while potentially preserving their money and the environment.
Ryan Homes
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The Ryan Homes townhomes are equally as impressive, with three spacious finished levels. High ceilings make any homeowner feel like royalty and a brick front adds to the classic design of these homes.
Ideal for all types of homebuyers, these luxury townhomes work harder to provide residents with an exceptional living experience. Our residents can reap all of the benefits of living so close to nearby Montgomery County and the D.C. metro area, without paying the steep price of homes – the median home price of nearby Montgomery County is almost 30% higher than our townhomes at Villages of Urbana! With affordable homes in an all-encompassing community in an already thriving region, our community is an incredible place to call home.
The Villages of Urbana itself is a mixed-use development, creating a convenient lifestyle that is so sought-after by today’s homebuyers. With shops, a grocery store, a library, parks, pools, and an elementary school all within one community, it’s no wonder so many residents absolutely love living here! With an improving housing market, and an opportune time to benefit from home affordability, smart homebuyers are moving into Villages of Urbana today!
Source: AOL Real Estate
