First-time home buyers and even repeat purchasers are finding it challenging to locate an affordable home in a desirable market. That’s due to several factors, including higher mortgage interest rates and list prices as well as heavy competition among buyer prospects. But the good news is that there are less expensive real estate markets to be found where the annual earnings required are lower than average. In fact, a fresh report by ATTOM reveals the 10 most affordable areas around the country based on earnings.
Dig deeper into this top 10 list and learn why these markets made the list, what to think about before committing to a move to a less expensive market, and other criteria to consider by checking out my most recent story for The Mortgage Reports, available here.
