Independent thinking for complex markets and current events
Yeah…. this is so stupid. $1M starter homes is just insane. What are we even doing? Regardless of area — port.gas (@portgas1nvests) June 15, 2026 SEATTLE, June 15, 2026 – The bar for entry-level homeownership has never been higher. While the typical starter home nationwide is worth $198,649, a record 242 cities now have starter …
"We see a housing crisis coming next." "Home prices need to come down." pic.twitter.com/zHXHKIF8lm — Darth Powell (@VladTheInflator) May 27, 2025 We have the biggest gap ever between Home Prices and Mortgage Rates in 2025. Prices are 90% above the 130-year average. Meanwhile, Mortgage Rates are right around the long-term average (6.7%). The resulting gap …
(NewsNation) — In more than 230 U.S. cities, $1 million is only enough for a starter home, according to a new report. A Zillow analysis found that the typical “starter home” was worth at least $1 million in 233 cities as of March. That’s a huge jump from five years ago, when just 85 cities …
Buying starter homes is cheaper than it was last year, and you can thank mortgage rates for that. But while starter home prices themselves are more expensive than a year ago, the income needed to afford them fell when mortgage rates did, according to Redfin. For monthly payments on a starter home with a median …
In a heartbreaking reflection of the current state of housing affairs, a staggering 36% of Gen Zers and millennials gearing up to purchase their first homes cling to hope in the form of cash gifts from family. This reliance on familial support speaks volumes about the bleak reality faced by young aspiring homeowners, forced to …
by confoundedinterest17 Starter homes are simply unaffordable. Treasury Secretary Janet “Too Low For Too Long” Yellen, and former Federal Reserve Chair, is partly responsible for a phenomenon plaguing America: the death of starter homes. As Mish has discussed, with main markets no longer an option for first-time buyers, Point2 looked at the country’s 100 largest …