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You Can Afford a Higher Priced House if You Buy New, Study Claims

Americans may be able to buy a higher-priced home if they buy new, according to a study by the National Association of Home Builders. The NAHB study — using data from the Census Bureau and Department of Housing and Urban Development — suggests due to lower operating costs with new-homes buyers can purchase a newer home that is more expensive and still achieve the same annual operating costs as an older, existing home.

Via Realtor.org

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