Want to own a home? Be prepared to save for 10 years

Surging real estate prices stretch saving timelines into new territory.

Photo courtesy of Kostiantyn Li/Unsplash.com.
Photo courtesy of Kostiantyn Li/Unsplash.com.
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According to Redfin.com, the median sale price of a home in the Tampa metro area has surged to nearly $360,000. That’s nearly a $100,000 jump in just two years, putting homeownership out of reach for more and more residents.

 

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