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Starter Homes Still Out of Reach | Real Estate News
Starter homes are finally more plentiful—especially in the South—but prices are still 32% higher than pre-pandemic levels, crushing first-time buyers, especially those with lower incomes. More inventory doesn’t mean easier access; competition remains fierce and affordability remains the real barrier. The South shows early signs of price relief, while the Midwest stays cheapest (for now) and the coasts remain locked in—West with sky-high prices, East with zoning and space constraints. For many, homeownership is becoming a luxury, not a stepping stone, as younger, lower-income buyers face a…
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