Source: The Mortgage Reports —
As home prices keep climbing, many would-be buyers are looking outside their current ZIP codes for affordable housing.
The good news is, home prices aren’t rising at the same pace everywhere.
If you’re looking for affordable homes in 2022, the South, Southeast, or Midwest could be your best bet. A few states show up repeatedly for having some of the cheapest homes on the market, including Texas, Florida, Tennessee, Ohio, and Michigan. And those aren’t the only ones.
Finding a cheap house in 2022 will take some research and flexibility. But it’s not impossible. Here’s what you should know.