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First Time Home Buyer, Home Shortage, HomeBuyers, Real Estate, Real Estate Blogs, Real Estate Education
First-Time Homebuyers are Facing a Starter Home Shortage
Lack of “Starter Homes” in the U.S. Makes First-Time Homebuying Difficult Post from our Partners at the CE Shop dated 2/13/2022 It’s hard for first-time homebuyers in this housing market — in recent years, they’ve faced ultra-high home prices, record-low inventory, and more recently, rising mortgage rates. Some first-time homebuyers might be feeling frustrated or discouraged, and as a real estate agent, it’s your job to help them through the process. But how did we get here? In this blog, we’re going to explore what experts say is one of the major barriers to homeownership: the lack of available “starter homes.” What Is a “Starter Home”? There’s no one…