With the ever-rising cost of living, the average American one-bedroom apartment now rents for $1,217. If you stick to the rule of thumb of spending 30% of your gross income on housing, you'd need a.
According to data from the Federal Reserve of St. Louis, Americans saved only 3.6% of their disposable income for the month of February. This is down from the 5.4% amount a decade ago and much lower.
Not so long ago, $1 million seemed like an astonishing home value, something that most Americans could never dream of paying without ridiculously high salaries. Find Out: Here's When To Buy a New.
According to Grant Cardone, wealthy people don't always invest in homeownership to build wealth. He even shared in an article for CNBC Make It that he didn't buy a home until he could afford to make.
Flipping houses has been a strategic way for individuals to make money for years. According to ATTOM, a leading provider of property data nationwide, home flippers saw an average of $66,000 in returns.