The True Cost of Owning a Home: What to Know Before You Buy

Hidden homeownership costs can catch you by surprise if you're not prepared. This week on the 900th episode of Real Estate Today, we look at common homeownership expenses that buyers should prepare for.

Melissa Bailey, sales team lead at Real Broker in Phoenix, AZ., and Shane Brady, agent at Keller Williams in Boston, MA. discuss the true impact of rising insurance costs, how home inspections can flag potential maintenance issues, and the future expenses to look out for when buying a home.