Home >> Tag Archives: Starter Homes

Tag Archives: Starter Homes

Top 10 Cities For First-Time Buyers

New Home Sales

Millennials and baby boomers are entering their prime home-buying years in unison and soon to be going head to head in the housing market. With competition heating up, find out where the best cities to buy are according to this new report.

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Home Search Moves Towards Pricier Options

A study found that listing prices and the budget quoted by homebuyers while searching for a home are moving closer. Does this trend signal relief for buyers looking at starter homes or is just a sign of shoppers giving up?

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Bad News for Starter Home Hopefuls

New residential sales statistics came out Tuesday from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. According to the National Association of Realtors (NAR), the drop in new home sales for April could be worrisome for first time and low-income homebuyers as inventory shortage is likely to cause the price of new homes to rise more than it has previously. As it stands, newcomers to home buying will continue to face financial and availability challenges.

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“Trading Up” Not so Easy in These 10 Cities

A crowded seller’s market has left some homeowners who want to move into nicer homes frustrated. Though they are getting record-high offers for their starter abodes, when it comes time to buy, their money is not going as far in the trade-up market. Based on seven criteria, here is a list of the 10 hardest places to trade up.

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Builders Cutting Down on Starter Homes

Millennials are starting to move into the housing market, but with inventory dwindling they may be out of luck. The solution? Newly built homes. Though millennials are often first time buyers, it does not necessarily mean they are starter home buyers.

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