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The 10 most affordable and most expensive US cities to buy a house
The 10 most affordable and most expensive US cities to buy a house

Miami Herald

time11-07-2025

  • Business
  • Miami Herald

The 10 most affordable and most expensive US cities to buy a house

For many people, buying a house is simply out of reach today. Housing costs have reached record highs, pricing buyers out and leaving more homes on the market than there have been in years. The data backs this up: Nationwide, just 35% of homes are affordable to the average homebuyer - down from 60% in 2022. Affordability has dropped since the pandemic because house prices and mortgage rates rose in tandem. Both remain elevated due to chronic underbuilding and broad economic uncertainty. But trends vary widely by market: In some cities, homes sell within a week for well above asking; in others, they typically sit for two months or longer. Regardless, with homeownership increasingly out of reach, more Americans are instead turning to renting - including six-figure earners in cities like San Francisco and Orlando. So where can buyers and sellers find the best deals? Redfin Real Estate ranked the 10 cheapest and 10 most expensive housing markets in the U.S., based on median home prices and local incomes. The most affordable cities to buy a house in 2025 The most expensive cities to buy a house in 2025 Rust Belt cities have the most affordable housing If you're looking for an affordable house, start your search in the Rust Belt. Cities like Detroit, St. Louis, and Pittsburgh top the list of the cheapest places to buy a house in the U.S. Around two-thirds of homes in these metros are affordable for households earning the median income - a stark contrast to cities like San Francisco, where the share of affordable homes is in the single digits. Home prices in the Rust Belt are roughly 50% lower than the national median, due in part to decades of population loss and disinvestment that kept prices low. But that's starting to change. Affordable prices and renewed investment are drawing buyers back, supercharging local housing markets and pushing prices up across the region. In Rochester, for instance, house prices have increased by $27,000 in the past year - nine times the national increase. Today, seven of the 10 cheapest housing markets in the country are in the Rust Belt, but that affordability edge may shrink unless local incomes rise to match prices. Meanwhile, pandemic boomtowns that saw prices soar between 2020 and 2022 are now seeing the sharpest declines. California owns the nation's most expensive housing markets If you're buying a house in California, expect to pay a premium. The state is home to the six most expensive U.S. markets - including San Francisco, San Jose, and Anaheim - where prices top $1 million. Los Angeles is the least affordable city in the nation to buy a house, where just 1% of homes are affordable to locals. Statewide, the typical house in California sells for $860,000 – $100,000 more than second-place Hawaii. Even with some of the highest average wages in the nation, Golden State residents struggle to afford housing. Still, some markets are seeing signs of demand. San Francisco and San Jose - the most expensive metros in the country - saw among the most homebuyer competition earlier this year. But overall, high prices and limited affordability will likely keep many consumers on the sidelines. Not every expensive market tells the same story. Cities like Boise and Tacoma also rank among the least affordable, but not because house prices are sky-high. Instead, they're unaffordable because local incomes are relatively low. True affordability happens when housing costs align with what people earn. When will housing affordability improve? High home prices have kept a growing number of people out of the housing market, but relief is coming. With so few active buyers, sellers are now sitting on nearly $700 billion of unsold homes, many of which take over a month to sell. This growing supply and demand imbalance is expected to push prices down by 1% by the end of the year, which could help some buyers reenter the market as wages rise. Still, affordability could dip further in some metros in the coming years, especially those with the largest gaps between prices and wages. A recent study found that Montana and California are expected to have wider affordability gaps by 2030. If you're a buyer or seller trying to navigate today's market, there are four things to keep in mind: Listings are risingPrices are easingBuyers are cautiousMarkets vary widely Buyers should take their time and negotiate, and sellers should price strategically and be open to concessions. Connect with a great agent who can educate you about your local market, like whether it's a buyer's or seller's market. No matter if you live in an affordable or expensive city, it's still possible to buy or sell with confidence. Methodology Rankings are based on housing affordability among the 91 largest U.S. metropolitan areas ("cities"). Data comes from Redfin through May 2025. Redfin ranked cities on the share of home listings that were affordable to someone making the local median income. A home was considered "affordable" if its corresponding monthly payment was no more than 30% of median monthly earnings, assuming a 20% down payment, typical taxes and fees, and a 30-year mortgage. This story was produced by Redfin Real Estate and reviewed and distributed by Stacker. © Stacker Media, LLC.

Sam Altman-led OpenAI has a problem with this China's ‘AI tigers' company; says ‘The goal is to…'
Sam Altman-led OpenAI has a problem with this China's ‘AI tigers' company; says ‘The goal is to…'

Time of India

time26-06-2025

  • Business
  • Time of India

Sam Altman-led OpenAI has a problem with this China's ‘AI tigers' company; says ‘The goal is to…'

OpenAI has raised concerns about Chinese artificial intelligence firm Zhipu AI, calling it a major player in China's bid to dominate the global AI market. In a blog post published Wednesday (June 25), the company said Zhipu AI has made 'notable progress' and is on the 'front line' of Beijing's push to expand its AI influence. Founded in 2019, Zhipu AI has been described by Chinese media as one of the country's 'AI tigers' — a group of high-growth large language model companies seen as key to China's strategy to reduce reliance on US technology. OpenAI highlights Zhipu AI's Beijing links and overseas activity According to OpenAI, Zhipu AI has received over $1.4 billion in backing from various state-linked sources and maintains close ties with the Chinese Communist Party (CCP). The company's leadership 'frequently engages with CCP officials, including Premier Li Qiang,' the blog post said. The ChatGPT-maker highlighted that Zhipu is also expanding globally, with offices in the UK, Singapore, Malaysia, and the Middle East, and joint innovation centers in countries like Indonesia and Vietnam. OpenAI warned that Zhipu's efforts align with China's 'Digital Silk Road' strategy, which aims to embed Chinese AI systems and standards into emerging markets. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How to Find Industrial Equipment Providers in Belgium (Learn More) Equipment Manufacturers | Search Ads Undo 'In practice, this means: forming an alliance that co-builds national LLMs with ASEAN and other Belt and Road capitals; opening joint innovation centers; embedding safety labs such as the new Dubai Content-Safety Lab (corroborated by CN sources); and, underwriting projects with Gulf capital (the Saudi Prosperity7 Aramco fund participated in a USD $400M round) and Huawei Ascend hardware, albeit not at Stargate-level scale,' the company highlighted. 'The goal is to lock Chinese systems and standards into emerging markets before US or European rivals can, while showcasing a 'responsible, transparent and audit-ready' Chinese AI alternative,' OpenAI said. Zhipu AI has not responded to OpenAI's latest remarks. However, company chairman Liu Debing said last week that Zhipu hopes to 'contribute China's AI power to the world.' Zhipu has also been linked to China's military modernization efforts. This led to its inclusion on the US Commerce Department's Entity List in January. The firm is reportedly preparing for an initial public offering and was last valued at around $2.78 billion. Meanwhile, OpenAI has been expanding its own presence. It recently secured a $200 million contract with the US Defense Department and announced an 'OpenAI for Government' program aimed at US public sector use. It also plans to build an AI-focused facility in the UAE under the $500 billion Stargate Project, backed by Abu Dhabi's MGX and Japan's SoftBank. Skullcandy Dime Evo: 5 Features That Make It Stand Out! AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Delhivery expands Chandigarh Gateway Hub to boost regional logistics
Delhivery expands Chandigarh Gateway Hub to boost regional logistics

Business Upturn

time24-06-2025

  • Business
  • Business Upturn

Delhivery expands Chandigarh Gateway Hub to boost regional logistics

By Aman Shukla Published on June 24, 2025, 11:58 IST Delhivery, India's largest fully integrated logistics provider, has expanded its Gateway Hub in Chandigarh, adding significant capacity and infrastructure to serve North India. Spanning 2.35 lakh sq. ft, the upgraded facility is set to fuel local economic growth, create thousands of jobs, and support regional businesses with improved order fulfillment and nationwide connectivity. With 30% more storage capacity, the hub now features advanced automation like a Hub Conveyor System with 4,000 shipments/hour throughput and a Cross Belt Sorter (CBS) handling 12,000 shipments/hour. This tech-led approach boosts delivery speed and efficiency, especially during peak seasons. Businesses in the region will benefit from 3,000+ bin locations and the ability to store over 46,000 inventory bags—empowering MSMEs to store and ship goods more efficiently across India. Delhivery has also prioritized sustainability at the site. The facility includes a 350KW rooftop solar setup, a 1,000L wastewater reuse system, and natural lighting through transparent fiber roofing, reducing energy use and environmental impact. Part of a wider northern India network covering Punjab, Haryana, Jammu, and Himachal Pradesh—with over 20 sorting centers and 360+ delivery stations—the Chandigarh hub strengthens Delhivery's promise of scalable, tech-enabled, and eco-conscious logistics. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

Marshall forward Obinna Anochili-Killen: 'I want to bring my length and my versatility'
Marshall forward Obinna Anochili-Killen: 'I want to bring my length and my versatility'

USA Today

time17-06-2025

  • Sport
  • USA Today

Marshall forward Obinna Anochili-Killen: 'I want to bring my length and my versatility'

Marshall forward Obinna Anochili-Killen: 'I want to bring my length and my versatility' Obinna Anochili-Killen capped off a five-year career at Marshall with a sensational graduate season, and the forward wants to keep that momentum going into the 2025 NBA draft. Anochili-Killen was the Sun Belt Conference Defensive Player of the Year this past season, averaging 14.4 points, 5.7 rebounds and 3.2 blocks on 54.8% shooting from the field in 32 games. He ranked third in the country in blocked shots (102) and fifth in block percentage (12.7). The 6-foot-8 Nigerian scored in double figures in all but seven games, registering six 20-point outings. He recorded 23 points, 10 rebounds and nine blocks on Jan. 23 in a win over Georgia State, becoming the 14th player in history to reach that stat line in a game. Anochili-Killen nearly reached a triple-double with blocks on a couple of other occasions, including an 18-point, nine-block, six-rebound performance on Feb. 15. He was the only player in the country to have at least nine blocks in multiple games. The 23-year-old left the program as the all-time leader in blocked shots with 286, surpassing the previous record of 196 by Jannson Williams (2016-21). He finished second in games played (149), eighth in rebounds (792) and 13th in points (1,682). Following the season, Anochili-Killen was invited to compete in the Portsmouth Invitational Tournament in April, an annual scouting event for the top seniors in the country. He averaged 7.5 points, four blocks and two rebounds in two games. Fittingly, he led all players in blocked shots. The All-Sun Belt second-team honoree measured in with a monstrous 7-foot, 4-inch wingspan in Portsmouth, representing one of the largest differentials among all participants. He also recorded a 2.972-second time in the lane agility test. Anochili-Killen is considered a potential second-round pick this year, thanks to his defensive versatility and ability to score from all over the court. Teams have been intrigued by his length, along with his relentless effort and knack for making hustle plays. He is expected to work out with at least 10 teams before the draft on June 25-26, including the Boston Celtics, Dallas Mavericks, Detroit Pistons and San Antonio Spurs, among others. He is looking to become the first Marshall player drafted since Hassan Whiteside in 2010. Rookie Wire recently caught up with Anochili-Killen to discuss growing up in Nigeria, his collegiate career at Marshall, preparing for the 2025 NBA draft and more. Note: This interview has been lightly edited and condensed for clarity. How has the predraft process gone for you so far? OAK: It has been awesome. I just try to enjoy everything because not a lot of people do this, and I know a lot of people want to be in my position. I want to enjoy it. Probably the hardest part is the travel because some of my workouts have been back-to-back. You just have to take care of your body, hydrate and be focused. When did you know basketball could be a realistic option for you? OAK: When I stepped on the basketball court at a young age, I just fell in love with the game. After that, seeing people consistently leaving for the United States, because there were a couple of guys who were already down at the gym doing good for themselves. That just made me realize that I could change my life for myself and ultimately my family. When I was in Nigeria, I was just hungry. I wanted to come to the United States and work. When I finally came to the United States and I started to see my potential, I picked it up a notch. With the dream of trying to help my family, I took off from there. When you arrived in the United States at 14, it was your first time on an airplane. How surprised would you have been at that point to know that you'd be on the verge of making it to the NBA? OAK: It would have definitely been surprising. The reason why it would have been surprising because I basically went to a place where not a lot of people know where it is. If I went to Chapel Hill or West Virginia, it would have been like, 'Why did you even stay down there?' In my mind, I was envisioning myself in a big city. I didn't envision myself starting my career in a small town. What I would have told my younger self is to be patient. It isn't about the place that you're at; it is about you. It doesn't matter where you're at or the facilities you have, just take whatever you have and make something out of it. What was the most rewarding aspect of your time at Marshall? OAK: My patience and loyalty to the school. That goes a long way. If I were one of those kids who wanted to chase NIL or a bigger school, I don't think I would have had the career that I had. Being patient with my coaches, teammates and the program as a whole paid dividends. With NIL, I had a lot of people throwing money at me and all that, but that wasn't one of my goals. I have an accounting degree, so I know how money works. If you attend another school and they offer you $20,000, you won't have the same relationship with the school. The only thing fans know about you is that you are just about the money. You're going to play one year, and nobody is going to know you. With Marshall, I had a connection with the fans. It doesn't matter if you're at Duke or Kentucky or whatever, the NBA is going to find you if you're good enough. Most of the guys I've been working out with went to Kentucky, Duke or Villanova, and I'm there with them. I just feel like it doesn't matter about the school. What mattered to me was actually working on my game, working on myself and showing people what I could do, and I knew I could do it at Marshall. Could you tell that the fans appreciated that you stayed when you could have left for another program? OAK: 100%! I'm getting calls from fans like, 'Do you need anything?' It isn't only the basketball aspect, but the off-the-court aspect. The fans appreciated me just being there, not leaving for the money and all that. It wasn't even at the end of my career, but from the beginning. I've seen where we had a bad season. In my five years, we've had ups and downs. Two years ago, we had a bad season, and we sold out five times. Tell me a losing team that you've seen do that. It doesn't happen that way. If you come to Marshall University, you're basically family. They don't care if you're losing or winning; they just want to come down and support you. Those things play a huge factor because you know you have people who will support you regardless of where you go or what you do. You became the Marshall all-time shot blocker this past season. What is your mindset on defense? OAK: To make sure every team knows that if you go to the basket, they're looking for me. My mindset is I want them to know that if they're going to the rim or they're around, they're looking for me or I'm on the scouting report: 'You can't just go inside. You have to find him.' I wanted to make sure that, offensively, people are looking for me even if I'm on the ball or off the ball. They're looking to see where I am to try to find a way to take me out of the picture defensively, which isn't going to be possible because I'm all over the place. You nearly had a triple-double with blocks. Did you know you were that close? OAK: Well, no, because my goal in that game was to win because I think that was our second road win, so that was a pretty huge win in the conference. But you know when you're on a roll; I was just on a roll in that game. One thing about blocking shots is that (teams) want to show you that they can score on you, so I took the challenge. I really didn't know I had nine; I probably thought I had maybe six or seven. But that wasn't on my mind. I was just trying to get a win for my team, and if that means getting nine blocks, 10 rebounds or whatever it takes, I'm going to do it. How beneficial is it to have such a long wingspan? OAK: It is huge because I'm a 6-8 guy with a 7-foot wingspan. If you look at other 7-footers, their wingspan is probably going to be 7-1 or 7-2, so I basically look at myself as a 7-footer. That has helped me a lot with getting steals and deflections, and being big defensively. I can cover a lot of ground using my wingspan and my quickness. It is easy for me to create space to block or alter shots. With bigs, it is easy for me to use my quickness. Putting weight on can help me stand my ground against the bigs. That is definitely one of my tools: being versatile. What are you trying to show teams in your workouts? OAK: I'm trying to show these teams that I can switch multiple positions from 1-5. I can be energetic defensively. I try to show them the stuff I can do, which is being energetic and all of that. Most teams already have their 20-point scorers, but most of the teams want to fill in those role players who can help them more. They need guys who can do what (Alex) Caruso is doing right now with OKC, or you can also look at the Pacers. The two teams playing in the NBA Finals have guys who defend and knock down shots. What I want to bring is my length on defense and my versatility. What do you want teams to know about you? OAK: First of all, I'm a hard worker. I try to improve every day. I'm not a guy who stays stagnant; I try to find every little thing to improve on. You can kind of see it from my freshman year to my senior year in college. I just try to work and improve. I'm easy to get along with. I'm coachable. I like people to be honest with me. I want people to tell me what I need to improve on. I'm definitely loyal. I'm the kind of guy who, when stuff gets bad, I don't just leave. I try to figure stuff out because I feel like that is huge in the league: You've got to be patient. I try to work through the process. That is the kind of guy you get from me.

Myer surprises shoppers with up to 50 per cent off women's winter accessories just as the chill sets in
Myer surprises shoppers with up to 50 per cent off women's winter accessories just as the chill sets in

7NEWS

time17-06-2025

  • Lifestyle
  • 7NEWS

Myer surprises shoppers with up to 50 per cent off women's winter accessories just as the chill sets in

Myer is turning up the heat this season with up to 50 per cent off a massive range of winter accessories and trust us, this is the kind of sale that warms your wardrobe and your wallet. Whether you're after the perfect cosy scarf, statement hat or classic leather belt, Myer is bringing the goods (and the discounts). One standout in the sale is the Ozwear Ugg Cashmere and Wool Scarf in red. A luxe piece originally priced at $80, now just $56. Made with a premium blend of cashmere and wool and measuring 170cm x 30cm, it's the definition of stylish warmth and a total no-brainer for anyone looking to elevate their cold-weather outfits. Keep scrolling for more of the best winter steals from Myer, all stylish, practical and slashed in price. Shop more standout styles in the sale below: Scarves Ozwear Ugg Cashmere and Wool Scarf in Red was $80, now $56 Piper Wyoming Chunky Stripe Winter Scarf in Camel was $49.95, now $24.00 Oxford Deena Rib Knit Scarf in Mist Grey was $99.00, now $59.00 Basque Pashminetta Winter Scarf in Black was $39.95, now $19.98 Basque Cashmink Plaid Winter Scarf in Camel was $59.95, now $29.98 Basque Check Cashmink Winter Scarf in Wine was $59.95, now $29.98 Basque Pleated Check Winter Scarf in Burgundy was $49.95, now $24.98 Gregory Ladner Chunky Check Winter Scarf in Plum was $39.95, now $27.97 Basque Willimslow Reversible Winter Scarf in Camel was $49.95, now $24.98 Basque Pashminetta Winter Scarf in Champagne was $39.95, now $19.98 Basque Cashmink Plaid Winter Scarf in Ivory was $59.95, now $29.98 Piper Whistler Chunky Check Winter Scarf in Khaki was $39.95, now $19.98 Piper Solid Scarf in Khaki was $39.95, now $19.98 Basque Cashmink Plaid Winter Scarf in Taupe was $59.95, now $29.98 Piper Waterloo Multi Check Winter Scarf in Pink was $39.95, now $19.98 Gloves Belts Basque Angeline 2-Pack Leather Belt in Black/Olive was $49.95, now $24.98 Basque Brittany Double Ring Leather Belt in Black was $59.95, now $29.98 Piper Naomi Leather Belt in Black was $49.95, now $24.98 Piper Naomi Leather Belt in Tan was $49.95, now $24.98 Piper Alex Leather Belt in Black was $49.95, now $24.98 Basque Natalie Rigid Buckle Belt in Black was $59.95, now $29.98 Basque Maddy Leather Belt in Mid Tan was $49.95, now $24.98 Basque Maddy Leather Belt in Black was $49.95, now $24.98 Basque Willow Leather Belt in Black was $39.95, now $19.98 Hats and accessories Ozwear Ugg Sheepskin Bucket Hat in Chestnut was $156.00, now $109.20 Ozwear Ugg Vintage Rodeo Leather Rabbit Fur Aviator Hat in Brown was $156.00, now $109.20 Piper Aimee Teddy Winter Cap in Ivory was $29.95, now $14.98 Gregory Ladner Core Beret in Black was $29.95, now $14.98 Morgan & Taylor Xenia Faux Fur Headband in Black was $34.95, now $24.47 Gregory Ladner Bee Headband in Emerald was $39.95, now $27.97 Morgan & Taylor Elaina Faux Fur Cossack in Cream was $39.95, now $27.97 Basque Hampton Beanie in Mocha was $39.95, now $19.98

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