Home Buying: The Most (and Least) Affordable Metros in the U.S.

Buying Real Estate

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Low mortgage rates and limited inventory have generally made things super competitive for first-time home buyers across the United States, but your search will vary based on where you live. Home prices can vary a lot from one metro area to another and across metro. But to really understand what buyers on the ground are seeing in locations across the country, data analyst Liz Renter looked at pricing and supply data from some of the largest metros from July to Sept. 2020.

In this video, Renter will go over what she learned to help you plan ahead for homeownership in 2021.

First-Time Home Buyer Metro Affordability Report – Q3 2020: https://www.nerdwallet.com/article/mortgages/fthb-affordability-q32020

3 Things to Know About Buying a Home in a Pandemic (VIDEO): https://www.youtube.com/watch?v=W2zU1h16BRk

8 First-Time Home Buyer Loans and Programs: https://www.nerdwallet.com/article/mortgages/programs-help-first-time-homebuyers

Cost of Living Calculator: https://www.nerdwallet.com/cost-of-living-calculator

How Much Can I Afford?: https://www.nerdwallet.com/mortgages/how-much-house-can-i-afford

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