As alluring as it may seem to shop for real estate at relatively cheap prices, not all metros are created equal. The old saying "location, location, location" should still remain top of mind for savvy.
Buying a home is a learning experience. This is especially true for first-time buyers trying to navigate mortgage rate forecasts, but even seasoned buyers tend to learn at least a few lessons with.
Depending on where you live, earning a $100,000 salary might cover most of a three-bedroom home purchase or it may not be anywhere near enough money to put toward buying a house with this many.
Perhaps you've lived in the same city you grew up in and intend to spend the rest of your life there. Or, maybe you've done quite the opposite and relocated frequently. Learn More: Here's What the US.
Living a comfortable life in the 50 biggest cities in the United States requires earning an income of at least $50,000 annually and in many cities, homeowners and renters need to earn six figures..