Top 10 Affordable Cities for Middle-Class Homebuyers


With residence costs hovering in 2022, patrons might really feel they’ve solely two probabilities to land a brand new property – slim and none.

“Middle-class Americans were already priced out due to the price gains in 2020 and 2021,” mentioned Kevin Oakley, contributing editor at Builder Magazine.

Interest charges are getting nearly all of the blame, however somebody who may afford a house in March 2022 may nonetheless afford a house — typically — utilizing the mortgage choices out there right this moment, Oakley famous. But it gained’t be simple.

“As rates go higher throughout the year (they will keep increasing until inflation is under control) then it could cause a second wave of affordability issues for even upper-class home buyers,” he mentioned.