California’s Once-Accessible Starter Homes Out of Reach for Most as Wealthier Buyers Drive Up Prices

Starter homes in California, once considered an accessible entry point into homeownership, have now become largely out of reach for the average buyer due to soaring property values and limited housing supply. According to a new report from Redfin, the state’s least expensive homes are increasingly being purchased by wealthier buyers, effectively shutting out first-time…

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