US Starter Homes Return, But Affordability Still Blocks First-Time Buyers
The availability of starter homes in the United States has improved, giving budget-conscious buyers more options to choose from. The Southern US is leading this recovery, largely driven by a surge in new construction activity. However, regions like the Midwest and Northeast continue to struggle with persistent housing supply shortages. Despite greater availability overall, purchasing a starter home now demands significantly higher income than it did previously. Affordability therefore remains a major barrier for first-time buyers across much of the country.
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