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Home Prices Go Up in The U.S?
Housing price is escalating nationwide, up to 94% of main metropolitan areas, according to studies based on the fourth quarter of 2019.  The good news is that buyers still lean on low mortgages rates, in the fourth quarter of the past year, the 30-y fixed mortgage was on average 3.76%.
To afford a mortgage, a first-time homebuyer would need an estimate of $48,288 a year for a monthly average payment of over $1,000, assuming a 10% down payment. 
According to NAR (National Association of Realtors), finding a property available for sale is challenging, plus, home prices have gone up during each quarter of the year (2019), potential buyers are struggling even when we are having a good economy and low-interest rates. 
Real estate prices increased in the coasts, mostly in:
San Jose, CA. – $1.25 million San Francisco, CA. – $999,000 (3.9%) Anaheim-Santa Ana, CA. – $828,000 (3.6%) Urban Honolulu, Hawaii – $812,600 (0%) San Diego, CA. – $655,000 (4.6%) Boulder, CO. – $630,400 (6.4%) Los Angeles-Long Beach, CA. – $617,300 (7.2%) Seattle-Tacoma, WA. – $528,800 (8%) Nassau County, N.Y. – $496,600 (3.7%) Boston-Cambridge, MA. – $482,800 (4.9%) These areas are highly expensive as shown above, for a family to be able to afford a property in one of ... more

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