New construction starter homes have become a thing of the past as costs continue to rise, according to a report from Cotality. More buyers are flocking to a new kind of starter home, which is older and smaller.
Source: Inman News
1st-time buyers say ‘yes’ to older starter homes due to higher costs
Published in Agent, connecticut, Cotality, existing homes, existing-home sales, first-time buyers, first-time homebuyer, first-time homebuyers, home prices, home sales, housing market, Inman Connect San Diego, Libby McKinney Tritschler, market strategy, Markets & Economy, mortgage rates, new construction, new construction homes, new home sales, News Brief, real estate market, realtor.com, Redfin, rent prices, rental market, san diego, Select, Sheharyar Bokhari, Southport Connecticut, starter home, starter homes, Team AFA, tech innovation, thom malone and william raveis
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