If homeownership and investing are on your 2023 goals list, here are some questions to ask yourself before whipping out your spreadsheet, money apps or notebooks.
Elizabeth Ayoola, NerdWallet The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
This, coupled with housing shortages, has driven the national median price of homes above $400,000 for the first time, according to the National Association of Realtors. This could mean starting off with a condo or townhouse and then using the equity from the condo to purchase your next property, Harris says.
“It's not going to be forever necessarily, but this gave us the opportunity to have our own home, and we can leverage the equity and all of that going forward,” she says.
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