160 - Want a Balanced Life? Look No Further Than These Locations
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 2 February 2023
⏱️ 21 minutes
🧾️ Download transcript
Summary
A good work ethic is a timeless principle, but the all-work-no-play mentality of the Boomer and Gen X generations is going out of style. Millennials and Gen Z find more value in a healthy work/life balance that prioritizes mental health and personal values.
Well, David Sidoni did some research (as he loves to do) and found studies that highlight the best places to live if you’re looking for a balanced and happy life in 2023.
Looking at mental health, income, remote working prevalence, commute times, and health insurance, Midwest cities DOMINATED the lists for the best balances of these factors. Also, these cities had more affordable housing options for first-time buyers. Hmm… definitely worth thinking about. The top 10 cities had some of the shortest commute times, best air quality, best insurance coverages, a variety of recreation options, great affordability scores, and high mental health rankings.
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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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Resources Mentioned:
https://www.zillow.com/research/10-best-metros-first-time-home-buyers-31855/
https://www.redfin.com/news/housing-market-predictions-2023/
https://www.rismedia.com/2023/01/23/top-cities-work-life-balance/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Well, we all know that buying your first home can be stressful, but so can renting for years and years, throwing away that money every single month. |
| 0:12.3 | While you watch homes affordability spin out of control, yeah, that can be a real mind. |
| 0:19.0 | So today we're going to dig into some interesting studies |
| 0:21.6 | on the best places to live |
| 0:23.1 | if you're looking for a balanced and happy life. |
| 0:26.8 | Let's do this. |
| 0:27.7 | I'm going to hear. What's happening my hot-to-buye. |
| 0:44.3 | Good to have you back. |
| 0:46.3 | David Sedone here with some fun facts I found scouring the interwebs, bringing you the best of the best. |
| 0:52.3 | For the past 17 years, this 52, almost 53-year-old dude |
| 0:56.4 | has been helping mostly Gen Zs and millennials. Occasionally, according to my wife, |
| 1:01.7 | I act like I'm only 17 years old, but working with all these people, I do hear what the 20 and |
| 1:08.1 | 30-somethings are looking for in their lives. |
| 1:11.6 | Life goals have shifted, and the world, while it still appreciates hard work, |
| 1:17.0 | it's about to be run by a couple of generations that also value the life part of work-life balance. |
| 1:24.9 | So today I'm going to share two recent articles that I read on 2023 expectations |
| 1:30.2 | for certain cities here in America. The first is more economically data-driven and the second |
| 1:36.5 | gets into the mental health aspects of places to live. So while many home prices are expected |
| 1:42.4 | to change maybe not so much overall next year, |
| 1:46.7 | individual markets may fare a little bit differently. |
| 1:50.5 | Experts generally predicted that relatively affordable Midwestern markets |
| 1:55.5 | are likely to be the strongest for 2023. |
... |
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