The best, and worst, markets for first-time homebuyers
Just ask John Mullenholz, who recently bought a home in San Francisco with his wife, Lauren. Mullenholz — who, as the founder and CEO of cyber security firm Pikotime, is no stranger to big projects — calls the process “one of the biggest projects I’ve tackled in my life, bar none.”
See also: West Coast real estate is now so expensive that married couples are moving in with roommates Indeed, Bankrate data analyst Adrian Garcia tells MarketWatch that to buy the median home in San Francisco, you’d need an income of nearly $300,000. That’s because median home prices are now more than $950,000, according to real estate firm Trulia.
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