Jaina Pallasigui, a public-health professional, started investing in real estate in the Midwest in December 2021.
Her first home in Evansville cost less than $50,000. “It was $48,000, and I did a conventional loan, with a down payment of 20%,” Pallasigui told MarketWatch. She has since bought two more single-family homes. But for aspiring homeowners who are open to relocating, or have the ability to work remotely, there are some good — and affordable — options left in the U.S., according to a new report from Realtor.com.
The Midwest has gained prominence in recent months: Many real-estate investors have also started moving towards the Midwest, as they find the potential for higher rental income in those markets.