The dream of owning a home feels increasingly out of reach for younger buyers, especially in major cities. Skyrocketing home prices and elevated mortgage rates have pushed many urban markets far beyond what most first-time buyers can afford.
But venture just a few hours outside of these major metros or even a flight away in smaller Midwestern or Southern towns, and the math changes fast. In many cases, you can still find move-in-ready homes for less than the price of a luxury car.
