So it's no secret that today's housing and market is uniquely challenging. So if you're

feeling the weight of that struggle, you are not crazy, you are not alone. Now, in our current reality,

there are three things that you want to evaluate before buying a home. So we're going to dive into

those. but before

we begin, make sure to subscribe and share this episode with a friend who you think we'll enjoy it.

All right. First and foremost, let's share some stats about the housing market. So NBC News says that

according to the Census Bureau data, nearly 30% of middle class homeowners

have monthly payments costing more than 30% of their income.

So when it comes to buying a home, you guys, we do talk about that that payment needs to be

around 25% of your take-home pay.

In an ideal world, that's what you want. So that 75% of the rest of your

take-home pay can be put towards things like living expenses, paying off debt, saving up for stuff

you need or want, like all of that, right? But when a lot of your income is being taken up by your

rent or your mortgage, it gets really hard to win financially.

The next stats that I found interesting came from Zillow. Americans must earn roughly $106,500

in order to live comfortably to afford a home. And that is a significant increase from the 59,000 annual household income needed in 2020.

So we know the housing market went up significantly the value of homes.

And for most places in America, almost all of them, they have stayed at that price.

And there wasn't this bubble where everything, you know, popped and went back down to 2019 numbers.

They stayed really high and they are continuing to increase steadily, smaller percentages, but we're seeing that.

So when you have such an increase when it comes to the housing market, being able to afford a house in 2025 versus 2019 is going to look and costs very, very different.

So I think it's really important to know that reality. And I'm sure a lot of you, especially

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