Only 38% of Non-Homeowners Can Afford a Starter Home
About this episode
The episode discusses the challenges non-homeowners face in affording starter homes, based on a new study revealing that only 38% can afford one.
Buying a first home is becoming harder than ever. A new study finds that fewer than 40% of non-homeowner households can afford a typical starter home, highlighting the growing affordability gap facing first-time buyers. Kathy Fettke breaks down what the data reveals, why affordable markets continue to stand out, and what these trends mean for real estate investors. Download your Free PDF at www.Realwealth.com/AffordableMarkets . Source: https://www.cbsnews.com/news/starter-home-affordability-income-gap-lendingtree/
People in this episode
Host: Kathy Fettke
Topics covered
- affordability
- starter homes
- real estate investing
- first-time buyers
- housing market
Keywords
- starter home
- affordability gap
- first-time buyers
- real estate trends
- housing market
Mentioned in this episode
Organizations: RealWealth, LendingTree
Places: USA
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