{"id":87,"date":"2026-10-19T12:00:00","date_gmt":"2026-10-19T12:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/emilydenneyliveinwyomingrealty-com\/2026\/10\/19\/starter-homes-outpace-first-buyer-budgets\/"},"modified":"2026-10-19T12:00:00","modified_gmt":"2026-10-19T12:00:00","slug":"starter-homes-outpace-first-buyer-budgets","status":"publish","type":"post","link":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/2026\/10\/19\/starter-homes-outpace-first-buyer-budgets\/","title":{"rendered":"Starter Homes Outpace First-Buyer Budgets"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/emily-denney-1\/home-affordability-gap-remotion-videos-7332\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>A typical US starter home carried a ~$2.2K monthly mortgage payment, requiring at least ~$103.6K income once rates and down payment were factored in.<br \/>\nThat required income sat well above the median first-time buyer income of ~$72.1K, highlighting an affordability gap for households trying to enter US Real Estate.<br \/>\nA trade group defines starter homes at 85% of median value, yet first-time buyers can afford homes priced at only ~60% of median sale price.<br \/>\nHigh rents have made saving harder, rates were near ~7%, and typical owners of starter homes were 59, limiting turnover into entry-level inventory.<br \/>\nConsumer sentiment matched the numbers: 9 in 10 young adults said buying felt harder than for parents, and ~80% of US metros scored below 100.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A typical US starter home carried a ~$2.2K monthly mortgage payment, requiring at least ~$103.6K income once rates and down payment were factored in. That required income sat well above the median first-time buyer income of ~$72.1K, highlighting an affordability gap for households trying to enter US Real Estate. A trade group defines starter homes [&hellip;]<\/p>\n","protected":false},"author":520,"featured_media":88,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-87","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/posts\/87","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/users\/520"}],"replies":[{"embeddable":true,"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/comments?post=87"}],"version-history":[{"count":0,"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/posts\/87\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/media\/88"}],"wp:attachment":[{"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/media?parent=87"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/categories?post=87"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.emilydenneyliveinwyomingrealty.com\/blog\/wp-json\/wp\/v2\/tags?post=87"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}