TOWN SQUARE | Potential buyers with a low income in comparison to the median income in their region have an especially difficult time becoming homeowners because of the difficulty of saving money.
How to know if your home is too expensive
By Erin Gobler article
Housing makes up the largest chunk of many people’s budgets, but can quickly become unaffordable. We’ve rounded up expert tips for how to tell if your home is too expensive. (iStock)
For most people, housing makes up the largest chunk of their monthly budget. And buying a home is often the largest purchase people will make. Unfortunately, it’s far too easy to get in over your head. Expensive houses and real estate can adversely affect your monthly income and you may not be able to afford other essentials.
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