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Everett Benyard thought he was finally in a strong enough financial position to purchase his first home earlier this year. He’d saved money by living with his parents for a time and secured a higher-paying job in 2020.
But the 30-year-old San Diego corrections officer has struggled to compete in one of the country’s hottest real estate markets, where the median home price on single-family houses reached $860,000 in July, according to the California Association of Realtors.
Read the full story at CNN | Business.