9 charts show how buying a home has gotten harder for the average American

Tech Insider : Economy, Economy, Business
House with graph collage
 

Getty Images; Chelsea Jia Feng/BI

I bought a $3.25 million home as a single woman. Homeownership is an investment in my future.

Tech Insider
Jessica Chestler in a side by side photo of her Williamsburg condo.
In 2022, NYC real estate agent Jessica Chestler purchased this $3.25 million condo in Williamsburg.

Courtesy of Jessica Chestler

Before buying a home, check this hidden financial risk

Tech Insider
houses in a line on a sandy beach and in the water on stilts aerial view from above
Houses in a small beach resort in southeast St. Johns County, Florida.

Aerial_Views/ Getty Images

I'm a millennial making $120,000 a year. I rent because buying a home in Florida is so costly and would be too much work.

Tech Insider
A man enjoying a drink with a view of the downtown Brickell buildings on the Miami River in Florida.
Buying a home in Miami has become more expensive over the last few years.

Boogich/Getty Images

America's big cities are losing their one big advantage

Tech Insider : Economy
A city with ripped $100 bills in between the buildings

iStock; Rebecca Zisser/BI

Cities may be crowded, dirty, loud, and expensive, but they've always offered one clear advantage over America's rural areas: more money.

Gen Z might be the luckiest homebuying generation. Here's where they're scooping up homes.

Tech Insider : Economy
Indianapolis, Indiana.
A SmartAsset analysis found that Gen Z bought homes in 2023 at the fastest rate in Indianapolis, St. Louis, and Cincinnati.

Sean Pavone/Shutterstock

15 cities where the most millennials can actually afford to buy a house

Tech Insider : Economy
Downtown Raleigh, North Carolina skyline
The Raleigh-Cary metro area of North Carolina had the highest percentage of millennials who became homeowners in 2022.

Kevin Ruck/Shutterstock

I got a 2.75% mortgage rate when most other homebuyers were being quoted 7%. Now I can save more for retirement.

Tech Insider
Brian Sankey on the beach.
Brian Sankey purchased a home with a 2.75% interest rate in June.

Courtesy of Brian Sankey

A financially independent couple with 2 kids shares how they both retired by 35 and haven't returned to the office since

Tech Insider : Economy
Sam Dogen
Sam Dogen and his wife both retired at 35.

Sam Dogen

I 'escaped' Texas for Tennessee. I loved the food and tech scene, but got tired of the heat and rising property taxes.

Tech Insider
Jim Ward and his wife in downtown Knoxville.
Jim Ward and his wife in Gay Street in Downtown Knoxville.

Courtesy of Jim Ward

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