The Death of the Starter Home

Starter homes are the entry point for many first-time home buyers.
But rising home prices across the country are making it more difficult for first time homebuyers
In San Francisco, a “starter home” goes for more than $700K
The number of starter homes on the market (the bottom one third in terms of price) has declined by almost half since 2012.

Emily Badger recently examined the difficulty first time buyers are having when looking for a starter home for the Washington Post.

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