15 major U.S. cities where starter homes can be found for less than $230,000
Publishing timestamp: 2023-11-02 09:00:01
Summary
A recent analysis by Five Star Painting found that there are 15 major U.S. cities where starter homes can be found for under $230,000 on average, which is significantly lower than the U.S. median home price. These affordable homes are typically found in smaller cities and not major coastal hubs. However, cities like San Francisco have extremely high prices, making it difficult for homebuyers with median income to afford a starter home.
Sentiment: NEUTRAL
Tickers: RDFN,
Keywords: united states, redfin corp, real estate, personal finance, new york, detroit,
Source: https://www.cnbc.com/2023/11/02/major-us-cities-where-starter-homes-are-still-affordable.html