Starter Homes Are Non-Starters for Some
By Roberto Gonzalez, Hagerstown Commercial Real Estate
(RG Realty Inc)
Traditionally, new buyers take their first homeowner's plunge with what is termed a “starter home” – confining their Hagerstown home search to relatively inexpensive and modestly sized properties. Today a shift is underway. Many prospective buyers are finding the traditional starter home is no longer a necessary first step. I think it’s due to our current market’s desirable conditions, but no matter what the reason, more first-timers are finding it beneficial to sail past the starter home market and step right into a larger, more long-term property. The unusual combination of circumstances is national in scope: More House for Less - Viewed from a historical perspective, house prices are still down near the bottom of the charts – though it’s looking as if that is not likely to last much ...
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