Homes for Less than $200K?! Yes, They Do Exist—and Here Are the Cities Where You Can Find the Most

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With high inflation, high home prices, high mortgage interest rates, and high just about everything, affordability remains Concern No. 1 for home shoppers on a budget. Nothing else even comes close—especially for first-time homebuyers or those without trust funds or wealthy benefactors.

More and more Americans have begun to see the dream of homeownership as a fast-fading mirage.

That’s where the Realtor.com® data team can help! It turns out there are still plenty of affordable homes on the market—if you know where to look. In several parts of the country, there are hundreds, even thousands, of homes for sale for less than $200,000.

Yes, you read that correctly.












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Prancing Horse Estate on California’s Central Coast Gallops Onto the Market for $19.9M

Realtor.com

Want a permanent staycation? The Prancing Horse Estate & Vineyard in Carpinteria, CA, just might fit the bill.

“I call it ‘adult Disneyland,’” says listing agent Neyshia Go, of the Go Group at Sotheby’s International Realty. “It has everything you could possibly want without ever having to leave.”

This sprawling compound includes vineyards, an eight-car garage, L.A. Lakers–themed basketball court, pool, rooftop gym, and equestrian facilities. But the star attraction is the 11,000-square-foot mansion.

The property is listed for $19,985,000.










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Regulators fire warning shot over bow of mortgage comparison sites

The Consumer Financial Protection Bureau warned on Tuesday that operators of mortgage comparison-shopping platforms may be violating RESPA if they manipulate search results to coerce kickbacks.

Save Money (and the Planet): An Energy Efficient Mortgage, Explained

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Are you a buyer with your eyes on a charming older house or a bargain fixer-upper?

As you’re researching what it will take to buy the property, you’ll likely come across some hefty costs for updates to replace the outdated furnace and drafty single-pane windows. And that might leave you thinking you can’t afford the home after all—especially if those costs come on top of making your mortgage payments.

Well, hang on. We’ve got some good news on a type of mortgage you probably never heard of.

An Energy Efficient Mortgage, or EEM, allows you to make energy upgrades to your home and roll those costs into your mortgage loan. Here’s what you need to know to determine if an EEM is right for you.

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Podcaster Jon Favreau Lists His Los Angeles Home for $4.4M

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Political podcaster Jon Favreau is trading up in the City of Angels.

Indeed, the former speechwriter for President Barack Obama and current co-host of the podcast “Pod Save America” is moving to the coveted Windsor Square neighborhood. So he’s unloading his gorgeously renovated Los Angeles lair, which he picked up in 2020 for $3.5 million.

Favreau has listed the four-bedroom, five-bath, 3,400-square-foot residence for a cool $4.4 million. It features a sea-inspired blue, green, and white palette and blond wood floors.

The home was built in 1920.

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Stunning Beach House Made of Glass Charms the SoCal Market for $7.5M

Realtor.com

An award-winning architectural design in Manhattan Beach, CA, is a showstopper of a beach house.

The concrete, steel, and glass home offers unobstructed ocean views.

“I’ve never seen anything like it,” says Lauren Forbes with Compass. She’s co-listing the home with Todd Jones of Rodeo Realty. “There are two separate wings on the top that almost look like trains or beautiful glass buildings that are separated.”

One of the home’s most striking details is its outdoor entertaining space, which is positioned between the wings.










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‘Teen Mom’ Chelsea DeBoer’s Latest Home Makeover Has Us Wondering: Is She OK? Take a Look

HGTV

Former “Teen Mom” star turned designer Chelsea DeBoer and her husband, Cole, are known for taking some big, unexpected risks on their renovation show, “Down Home Fab.”

But in the latest episode, “French Glam Bungalow,” you have to wonder: Have they gone too far?

The stakes are high, as client Landon is Chelsea’s friend as well as her hairstylist. It’s risky enough working for a friend, but when that pal holds your hair in his hands? That takes some grit!

“Friends as clients, that can be tricky,” says Chelsea. “It’s a huge compliment that Landon and [partner] Ty like our design style so much that they want us to redesign their home, but there’s always a little bit of fear mixing business and personal.”

'A French Glam Bungalow style room' width=901
Wood floor painted black
Fake fireplace filled with disco balls
Copper kitchen sink
Velvet skull wallpaper on the ceiling
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Price growth slowdown continued in December as mortgage rates peaked

Home price growth fell 0.4 percent between November and December, while year-over-year single-family price growth dropped to 6.9 percent, according to new data released Tuesday by CoreLogic.

The Rate of Home-Price Growth Hits Lowest Since Late Summer 2020. These Markets Have the Highest Risk of Price Declines.

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Home prices are starting to reflect the insipid housing market.

After months of weak data indicating that home sales have stalled, home prices are finally starting to reflect the slowdown that began last year.

Home-price appreciation slowed to 6.9% in December, according to the CoreLogic Home Price Index.

The rate of home-price growth is the lowest since the late summer of 2020. Home price growth also slowed by 0.4% from the month before.

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Baseball Icon Albert Pujols’ Kansas Mansion Hits the Market for $2.3M

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Recently retired Major League Baseball legend Albert Pujols is ready to walk off from his time in the Sunflower State.

After finishing his 22-year career back where it began with the St. Louis Cardinals, Pujols is easing into a new life.

First up on his to-do list? The sale of a $2.3 million, 10,000-square-foot home.

Pujols recently listed his five-bedroom, 7.5-bath mansion in Leawood, KS, which sits just south of Kansas City and right on the Missouri border. It’s about four hours west of St. Louis, where the slugger starred for more than a decade.











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Mapping out 253 cities with quarterly declines in home value

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