This Michigan City is No. 1 in the U.S. for Cheap Starter Homes
Home prices are still on the rise, including in Michigan. However, they aren’t going up as much as they were in the past few years. Higher mortgage rates have slowed the market a little, but there is still more demand than supply for homes. So, buying a home is still quite expensive. It may even seem like a pipe dream to some. So, as house prices continue to increase, the idea of a starter home might seem more and more unattainable. That said, one Michigan city has the cheapest starter homes in America. according to a new study.
CNBC.com has a new story about highlighting 15 American cities with the cheapest starter homes. They note that “there are 15 major U.S. cities where starter homes can be found for under $230,000, on average, according to a recent analysis by painting services company Five Star Painting.” That’s in comparison to the median price for a home in the U.S., which is a whopping $431,000, according to the latest U.S. Census Bureau data. So, what’s a starter home? “Starter homes commonly refer to relatively modest houses that are affordable for first-time homebuyers, or more generally, homebuyers with lower incomes,” CNBC.com notes.
In this study, CNBC also used Redfin data. Based on Redfin real estate listings of the 50 largest U.S. cities, one Michigan city is actually great for those wanting a starter home. It has the cheapest starter homes in the entire U.S. That city is Detroit. The average starter home price, as of August 2023, in Detroit is just $83,500. Why? CNBC states, “A few reasons contribute to lower homes prices in Detroit, including a declining population and relatively high number of distressed home sales, which is when an owner is forced to sell their home, usually because they can’t afford the mortgage payments.” No. 2 is Cleveland at $109,650. Find the full list here.
Jobs That Pay Over $100K Without a Degree
Technology Sales Manager
Careerkarma.com has Technology Sales Manager listed as the job without a college degree that makes the most money. Average salary is $161,920. Sound good, right? Minimum job requirements are, “Experience as a sales representative and a high-school diploma.”
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Computer and Information Systems Manager
Another high-paying job without a degree, according to Careerkarma.com, is a Computer and Information Systems Manager. They make an average of $159,010 a year. You need computer science knowledge and 5 to 10 years of management experience, they state.
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Fire chief
Here’s an interesting one. A fire chief is on Indeed’s list of high-paying jobs without a degree. They state, “Fire chiefs are responsible for overseeing and managing fire departments, which involves supervising personnel, developing budgets and planning emergency responses.” National average salary is $105,287 per year.
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Product Manager
Another job on Indeed list of high-paying jobs without a degree is Product Manager. So, what is that? “They may develop and implement the large and small business strategies that fuel the product development process and manage the launch of the product’s features,” they explain.
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Professional Sports Referee
This is a really interesting one: Professional Sports Referee. The top salary per year is $210,000. But, they can make as little as $21,000 per year, too, as that’s the average salary. So, you have to get a bigger gig to make more than 100K for this job. This is according to Resumeviking.com. They state, “No academic background is necessary, apart from obtaining a referee certification in the sport you want to referee. The stakes are high, but so is the return if you have the nerves for putting it all out there with no guarantees of ever gaining enough recognition to join in on this multi-billion-dollar industry!”
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Senior Real Estate Manager
The national salary for a Senior Real Estate Manager is $133,076 per year,” according to Indeed. They state, “Senior real estate managers oversee the daily operations of a property like an apartment complex or commercial building. They typically manage maintenance teams, ensure tenants pay rent on time and fill vacancies.” They suggest to “gain experience in entry-level positions and work your way up to this job.”
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Court Reporter/Typist
A Court Reporter makes an average salary of $103,270, according to Careerkarma.com. The job is to take notes on legal proceedings in court. “To land a court reporter job with no degree, you’ll need to take the exam for Registered Professional Reporter certification,” they note. “This requires good listening skills, the ability to type quickly, and some knowledge of common legal terms.”
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Executive Assistant
Executive Assistant is No. 1 on US News and World Report’s list of the highest-paying jobs without a degree. “Executive assistants support high-level executives in public offices and private companies,” they state. “They may manage the executive’s schedule, make travel arrangements, prioritize the executive’s emails, and sometimes act as a receptionist or gatekeeper, serving as the liaison between the executive and anyone who wishes to meet with them.”
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