The typical starter home sold for a record $260,508 in August, a 2.2% year-over-year increase, according to new data from Redfin. In comparison, mid- and high-price home prices grew 1.4% and 2.7% over the same period, respectively, to near-record highs of $370,000 and...
Sales of starter homes rose 3.9% year-over-year in June to the highest level in two years, according to a new report from Redfin. June was the 10th consecutive month in which home sales rose year-over-year. Pending sales of starter homes were also up last month with a...
A typical Black household can only afford a starter home in 10 of the nation’s 50 most populous metros, according to a new report from Redfin (NASDAQ:RDFN). In comparison, the typical White household can afford a starter home in 32 of the 50 metros. For its report,...
Utah Gov. Spencer Cox has announced a plan to build 35,000 starter homes by 2028. According to a report in the Deseret News, Cox dubbed his plan the Utah First Homes program and framed the proposal as a strategy to address the state’s housing shortage. Cox unveiled...
What a difference a year makes – according to Redfin (NASDAQ:RDFN), a first-time homebuyer must earn roughly $64,500 per year to afford the typical “starter” home, up by $7,200 or 13% from one year earlier. Redfin reported the typical starter home sold for a record...
xAI-Linked Company Reportedly Targets 418 Mississippi Homes Amid Noise Laws…
