Homebuyers Boost Chances Amidst Scarcity of Starter Homes
Originally Published 2 months ago — by NPR
The article discusses the ongoing shortage of affordable starter homes across the U.S., driven by rising construction costs, zoning laws, and market dynamics, which make it difficult for first-time buyers to find suitable, affordable properties. It highlights regional examples, regulatory barriers, and potential solutions like deregulation and financial assistance programs, while advising prospective buyers to consider strategic compromises such as looking outside major cities to improve their chances of homeownership.