what is the highest price for a house i can afford?

i make about $ 140,000 a year with the income from my two jobs. i am thinking it is about the right time to buy a house as i am approaching 30 years old in a few years and the housing market has dropped so much. but i dont know anything about the process, or what i can afford. in my area i see homes selling for over a MILLION bucks. seems unrealistic. what type of a house do you think i can afford on my income?

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