As the spring buying season of 2025 approaches, prospective first-time homebuyers face a daunting landscape characterized by dwindling options and rising costs. The dream of homeownership, once accessible through starter homes, is becoming increasingly elusive. This article explores the critical factors contributing to this crisis and examines the implications for aspiring homeowners. Starter homes, typically
Real Estate
Purchasing a home is often seen as a significant milestone in life—a physical manifestation of stability and success. However, for many potential buyers, especially first-time homeowners, the path to owning a home can be daunting, primarily due to the financial obligations involved. One of the most substantial hurdles is saving for a down payment. This