Starter Homes Under $300,000 Have Nearly Disappeared From the Market Entirely, NAR’s Own Data Shows, and First-Time Buyers Are Paying the Price for It
In June 2019, more than half of all homes listed for sale in the United States were priced under $350,000. Today, according to Realtor.com’s own inventory data, that share has fallen to just 37.6%, and the country has roughly 300,000 fewer entry-level listings than it did seven years ago. The National Association of Realtors’ own … Read more