Why Finding A Starter Home Is Harder Than Ever
Posted by Jay Gulick on Friday, March 25, 2016 at 10:18 AM By Jay Gulick / March 25, 2016 Comment
From Markewatch.com: Millennials and others looking to buy a first — or “starter” — home are struggling to find ones they can afford, a new research report says. There are fewer affordable starter homes in 95 of the 100 largest U.S. markets now compared with 2012, according to the San Francisco-based real estate research company Trulia.com. Trulia defines a starter as a home that is in the lower third of a market’s valuation and affordable to those making the median income in that market. Read more.
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