Where Have All the Small Houses Gone?
By Elena Cox, a data journalist for Realtor.com.
Being a first-time homebuyer these days can feel a bit like a hungry dog begging for scraps. And no one is rushing in with filet mignon anytime soon.
At the heart of the problem: the near disappearance of the classic American starter home—the smaller, more affordable, entry-level abodes that have long been the sweet spot of first-time buyers. Homes that would seem to fit the bill, at least in terms of size and amenities, are often now listed at wildly prohibitive price points, even in a time marked by record-low mortgage rates. Read the full article.
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This post is by Eric Slifkin, REALTOR® serving South Florida's Treasure Coast. Eric holds the Certified Residential Specialist® (CRS®) designation by the CRS® Council, a subsidiary of the National Association of REALTORS® (NAR). You can reach Eric at 772-288-1765.
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