Homeownership has become increasingly challenging due to rising real estate prices and living costs. However, it remains achievable with strategic planning. Tips include finding a fixer-upper in a lower-demand area, consulting with lenders for down payment assistance, and focusing on improving financial health. Consider affordable starter homes, explore down payment programs, and prioritize paying off high-interest debt. Additionally, look for properties with accessory dwelling units (ADUs) for rental income and create a dedicated savings fund for home purchases.
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