You crack open your laptop, type in a zip code and are looking at a six-figure home price that would have been considered impossible only ten years ago. Welcome to America's housing reality. Not only are the most expensive cities in the US expensive, but they are transforming who is able to live where, reforming careers, and forcing millions of households to make vicious financial trade-offs. The...
This week saw a slight fall in the mortgage rates, thus providing some breathing room to American citizens who are dealing with a very costly housing market. According to the article, the rate for the 30-year fixed mortgage fell to 6.47% for the week ending June 18, compared to 6.52% in the previous week. Although the difference is insignificant, it counts in a very sensitive market.It seems like the...
When it comes to affordable living in a national market where affordability seems but a memory, Topeka, Kansas offers something unique. It ranks among the best cities for price-sensitive buyers, and the statistics prove it.A Price Gap That Speaks VolumesWhat distinguishes Topeka’s real estate scene is its significant discount to the rest of the nation. As per Redfin, the median sales price for houses in...
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