16 affordable cities buyers should target as home prices rise but stay below peak levels

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16 affordable cities buyers should target as home prices rise but stay below peak levels

IP Galanternik DU/Getty ImagesThose who procrastinated on property purchases may be kicking themselves.Both mortgage rates and home values have risen in the past year.However, there are 16 US markets where prices are below the median and falling.Although aspiring homeowners may have thought it was smart to put off purchases last year, that decision seems to have backfired.Home affordability was challenged again in 2024, which real-estate analyst…