A "starter" home for $1 million?
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A "starter" home for $1 million?
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A typical starter home in nearly 250 U.S. cities is now worth $1 million or more, according to Zillow. Is that even a starter home anymore? In this episode, how rapid housing inflation has changed the game for first-time homebuyers and why more Americans are opting for a starter home in the suburbs. Plus: Manufacturing data reflects strong sector growth, U.S. trading partners bear the economic brunt of Trump’s war with Iran, and the 1973 oil crisis provides lessons for dealing with chaotic fuel costs today.
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Read the stories from today’s episode:
- A key index shows the U.S. economy is expanding. Elsewhere, not so much
- Strong manufacturing numbers mask a sector hedging against war and tariff uncertainty
- For this London honey seller, Brexit has been "a chaotic 10 years"
- When the "starter home" price tag hits $1 million
- What can the oil crisis of 1973 teach us about today?
- A fixer-upper became a forever home for this Massachusetts couple