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E160: Want a Balanced Life? Look No Further Than These Locations

E160: Want a Balanced Life? Look No Further Than These Locations

FromHow to Buy a Home


E160: Want a Balanced Life? Look No Further Than These Locations

FromHow to Buy a Home

ratings:
Length:
21 minutes
Released:
Feb 2, 2023
Format:
Podcast episode

Description

A good work ethic is a timeless principle, but the all-work-no-play mentality of the Boomer and Gen X generations is going out of style. Millennials and Gen Z find more value in a healthy work/life balance that prioritizes mental health and personal values.
Well, David Sidoni did some research (as he loves to do) and found studies that highlight the best places to live if you’re looking for a balanced and happy life in 2023. 
Here are some topics from today’s discussion:
The difference between generational preferences
How inventory is impacting regional affordability
A look at the housing market in popular cities
The best places to live in the United States

Episode Highlights:
[01:25] What The Market Could Look Like in These Popular Regions
Overall, home prices aren’t expected to change too much, but individual markets are exhibiting some interesting patterns. The Midwest is showing some promise with home prices, rents, and mortgage rates staying below the national averages. The key? INVENTORY. Inventory is at a much more manageable number in these areas, keeping the costs on the lower end. Some metro areas, including Austin, Tampa, and Miami, are currently priced high, but are poised to drop later in the year. Price appreciation, inventory, listing prices, and weak labor markets are all key factors that contribute to a region’s affordability. 
[7:30] The Best Places to Sustain a Good Work/Life Balance
Ahhh, a healthy work/life balance. The coveted lifestyle. If this is what you’re looking for, then there are some places that are more conducive to this way of life. Looking at mental health, income, remote working prevalence, commute times, and health insurance, Midwest cities DOMINATED the lists for the best balances of these factors. Also, these cities had more affordable housing options for first-time buyers. Hmm… definitely worth thinking about. The top 10 cities had some of the shortest commute times, best air quality, best insurance coverages, a variety of recreation options, great affordability scores, and high mental health rankings. How cool!
 
Resources Mentioned:
 
https://www.zillow.com/research/10-best-metros-first-time-home-buyers-31855/ 
 
https://www.redfin.com/news/housing-market-predictions-2023/ 
 
https://www.rismedia.com/2023/01/23/top-cities-work-life-balance/ 
Released:
Feb 2, 2023
Format:
Podcast episode

Titles in the series (100)

Looking for answers - Can I buy a home? How do I even do this? When should I start planning? Where should a first-time home buyer start? Right here. Real information from a real expert with clear answers to end your confusion. Guidance from industry insider, me, David Sidoni, the #HowtoBuyaHomeGuy. I’ll give you the playbook on the do’s and do not’s of buying your first home. From planning for the big step even years ahead of time, all the way to the nitty-gritty of getting your keys. If you’ve felt clueless about where to start, you are not alone because the real estate industry has either ignored first-time home buyers or handed them off to novice agents with little training or expertise – and that sucks for you. So get the info, including the dirty little secrets of real estate that will help protect you; as well as the crucial tips to help you plan for the entire process step by step. Tools, tips, and techniques, from my personal experience working with over 115 successful first-timers (as of July 2021), and hear success stories from some of the over 500 listeners all over the country that used this podcast to guide them to their dream.The real estate industry thinks first-time buyers suck, but I don’t. Get the ultimate “How To” that nobody with a clue is giving first-time home buyers. You deserve the truth. You deserve to be treated like the valued consumer that you are. If you’re sick of high rents, listen and you may find out you don’t have to be a renter as long as you think. Cut through the BS and end your confusion. You can do this!