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Homes in Order

Pay off mortgage, save big!

  • It Starts With Interest
  • Mortgage Basics
  • 1 equals 5
  • 2 EQUALS 1,000
  • Poor Richard

Cost of Housing, How Much Do You Need to Make?

After COVID, housing prices have surged. According to this article on Realtor.com, housing prices are shown for each state, and how much you need to make. I immediately looked up these states:

  • Utah. Holy cow! My home state, suddenly one of the most expensive states! Are my kids ever going to be able to afford a house? Will my kids be able to stay in Utah?
  • California. OK, something’s wrong here. I’ve lived in California, and there’s something going on here.
  • Georgia, Florida. This is my mom’s roots. Housing is considerably more affordable here than back home!
  • Montana? Uhhmmm, I’ve driven through Montana. It does have a big sky! And no, this can’t be accurate.
  • Hawaii. Makes sense, maybe even more expensive?

Homes in Order takeaway: You’re gonna need some money. How do you get more money? Spend less, earn more. Mortgage math is the same, whether in Hawaii, West Virginia, or Utah. 1 still = 5! And 2 still = $1,000.

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