How much money you need to make to afford a $600,000 home
For first-time homebuyers, settling on the “right” time to buy feels a bit like a losing game—especially in this current market. Record-high inflation, paired with steep interest rates and a declining supply of new homes has made the road from renter to homeowner a more challenging one.
But the good news is that no matter what’s happening with the economy, there are moves you can make to make sure that you can comfortably afford your dream home when the right one comes along.
That starts with having a clear idea of your financial situation and how much buying power your