Starter-Home Squeeze: Where First-Time Buyers Still Find a Foothold

It's no secret that finding a starter home has become more challenging in recent years. Since 2019, the share of starter homes has slipped from 38.1% to 36.2%, with prices climbing by a significant 31%. More first-time buyers are now turning to condos and townhomes, as these make up a growing portion of the entry-level market. While many Southeast and Sunbelt markets remain tough on affordability, the Midwest is still offering more accessible options for those just starting out. As someone who's guided many clients through their first home purchase across the Bay Area, I always focus on understanding your unique needs and helping you navigate these changing trends with confidence and clarity.