It's harder than ever before to buy your first home. Since 1963, home prices have risen 2.4 times faster than inflation, according to Clever. While home price growth has slowed since 2022, when.
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.
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.
The Midwest offers a unique lifestyle, attracting many with its lower cost of living and a slower pace compared to other regions of the country. Many will tout the benefits of living in the Midwest.
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