Here are the Most (And Least) Affordable Metros for Getting Married and Buying a Home in the Same Year

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Cleveland, where the average wedding costs $22,000 and the typical down payment is $34,000, is the most affordable place to get married and buy a new home.   Engaged couples in Cleveland , Detroit and Pittsburgh can have their wedding cake and eat it too–in their new home, that is. That’s because these three Midwestern metros are the most affordable … Read More

This Week’s $530M Mega Millions Jackpot Winner Could Purchase Every Single Home For Sale in These Cities

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Take your pick of Atlantic City,  Cleveland or Milwaukee. The winner of this week’s $530 million Mega Millions jackpot , the seventh largest in the game’s history, would take home about $261.4 million after taxes if they choose the lump sum. To put that amount of money into context, we’ve come up with a list of cities where the Mega … Read More

St. Louis, Chicago and Cleveland Are the Most Affordable Areas for Construction Workers to Buy Homes

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But the people who build homes can’t afford to buy them in the California metros that need new housing the most. St. Louis is the most affordable place for a construction worker to buy a home, with 67.3 percent of homes for sale affordable on the median personal income for construction workers in the area, the highest share of any … Read More

U.S. Home Prices Resume Growth, Up 2.8% in April

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Sales flattened as housing supply rose 3.1%, the smallest year-over-year increase in 7 months U.S. home-sale prices edged up in April, growing 2.8 percent from a year ago, to a median of $307,600 across the metros Redfin tracks. This marks a rebound from March’s slight year-over-year price decline–the first since early 2012–and a return to the around 3 percent growth … Read More

Luxury is Becoming More Attainable. Here’s What Luxury Homes for Sale Look Like Around the Country

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For the first time in years, the average sale price for luxury homes nationwide fell to $1.55 million in the first quarter of 2019.   Living luxuriously just became more affordable–relatively speaking. For the first time in nearly three years, the average sale price for luxury homes nationwide fell 1.6 percent to $1.55 million in the first quarter of 2019 … Read More

Together, Uber Employees Could Buy Every Single Home for Sale in San Francisco, Oakland and Berkeley with their IPO Cash

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The enormous public offering could put further pressure on the Bay Area housing market, already the most expensive in the country. With the wealth created through Uber’s massive upcoming IPO , current and former employees of the business could buy every single home for sale in San Francisco , Oakland and Berkeley combined, in cash—and still have about $400 million … Read More

No “Hacks” Needed: Millennial Homebuyers Taking Fewer Creative Measures to Save for Down Payments

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72% of millennial homebuyers are funding their down payment the old-fashioned way: saving from regular paychecks. Twenty-four percent of millennial homebuyers took a second job to save for a down payment, down from 36 percent last year . This is according to a March survey commissioned by Redfin of over 2,000 U.S. residents who planned to buy or sell a … Read More

$768M Powerball Winner Could Buy Every Home for Sale in Madison, Milwaukee AND his Hometown of West Allis

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With the $326 million he’s taking home after taxes, Manuel Franco has his pick of Wisconsin cities where he could purchase every for-sale home. What would you do with $326 million worth of lottery winnings? If you’re Manuel Franco of West Allis, Wisconsin , who came forward this week as the winner of the Powerball drawing that took place last … Read More