Reported 1 day ago
A Bankrate study reveals that the average annual expense for owning a single-family home in the U.S. exceeds $21,000, not including mortgage payments. Many first-time buyers overlook hidden costs like home insurance, utilities, and maintenance, leading to financial strain. As these expenses can vary significantly, particularly in high-cost areas, potential homeowners are urged to consider the true costs of homeownership versus renting.
Source: YAHOO