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flag The U.S. faces a starter home shortage, with only 9% of new homes under 1,400 sq ft in 2023.

flag The U.S. is facing a shortage of starter homes, with only 9% of newly built homes in 2023 being under 1,400 square feet, down from 40% in 1982. flag This decline is due to factors like restrictive zoning laws, rising construction costs, and limited land availability. flag The median age of first-time homebuyers has risen to 38 from 29 in 1981, reflecting the growing difficulty in finding affordable homes.

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