Since 2011, the average price of a house in the U.S. has more than doubled — rising from $176,000 in 2011 to $358,000 in 2022.
Though home prices have recently dipped for the first time in more than a decade, inflation, growing student loan debt and high interest rates have made the dream of homeownership more challenging for each generation — especially in a booming real estate market.
But it’s not impossible. We’ll walk you through the process of buying a house step by step.
How to Buy a House: 9 Steps for First-Time Buyers
While the road to buying a house has become more riddled with potholes and speed bumps, it’s still one you can navigate with the right savings plan, a decent credit score and a little professional guidance.
Think you’re ready to embark on your home buying quest? Here’s how to buy a house in nine simple