I started this post a while back and never got around to fleshing it out and publishing it... so here it is, with articles a few weeks old.
When we were job hunting preparing to graduate and get married, we were looking at places to live all over the country- and not Indiana. Nothing against this state, we just saw more opportunities elsewhere, or so we thought. Well, we're back here in Hamilton County in our cozy apartment (now newly painted on the inside! And in progress on the outside!) and hoping to settle somewhere in a house of our own in a couple years.
When we start researching houses, however, it seems to be a blessing we live in the Indianapolis area. A recent CNN article highlights the growing housing prices, saying more and more renters are spending more than half of their income to pay the rent. We're luckily not doing that, and we're even being able to save a good percentage of what we make, thanks to low housing prices.
Home prices, too, are affordable in the area. Actually, Indianapolis is the least-expensive large city to buy a house in nationally, when evaluated as "percentage of houses sold affordable to someone with the median income." Check out the whole list. That encourages me, knowing that we'll be able to get a nice house and not be dragged down by an unreasonable mortgage We've talked a lot about it, and I'm excited to end up in a home, but we want to go about buying a house as responsibly as possible, saving for a down payment in the midst of saving for other things. Ashley says she gets a puppy when she moves into the townhome, I'm being told I have to wait till we have a house with a yard :)
Check out how your city compares. Also check out today's post on Lifehacker about house-shopping.
Gotta go! Bible study time!