Business & Investment

The amount of money you need to buy a home in each state

Americans were in motion when the country was blocked.

last year, 1 in 20 adults has moved From where they lived permanently or temporarily Coronavirus outbreak, According to a recent report by the Pew Research Center.

He gives the most financial reasons for moving, and then wants to lose his job and get closer to his family. Some said they needed more space during the pandemic or could work remotely.

In most cases, Covid encourages potential buyers to move from urban apartments to suburban homes. Rising house prices Almost entirely.

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US financial snapshot one year after Covid

The home runaway caused by the pandemic has fueled affordable price issues for many potential buyers. Mortgage interest rate Close to the lowest level ever. Today, homes in many states require higher salaries than the buyer’s current median income.

This is just a view How much is it According to career planning site Zippia.com, you can afford the average home in each state.Nationally, the median home price is $ 346,800..

The amount of money you need to buy a home in each state

https://www.cnbc.com/2021/03/04/how-much-you-need-to-earn-to-buy-a-house-in-each-state.html The amount of money you need to buy a home in each state

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