X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Would-be buyers of starter homes in larger cities will have the best luck in cities like Columbus, Indianapolis, Minneapolis-St. Paul and Nashville, while feeder cities in the Washington D.C., Indianapolis, Denver, and Raleigh metros are among the nation’s best overall for the property type. 

“In most big U.S. cities, it’s practically impossible to realize the American dream as a first-time homebuyer, including for millennials, who now make up the largest generational cohort interested in homeownership,” says StorageCafe’s Matei Idu in a new analysis. “There is, however, a silver lining, and that comes with urbanization and the rapid growth of suburbs and feeder cities that can now easily compete with gateway cities in providing premier lifestyles plus access to affordable homes.”

 

GlobeSt. Multifamily Fall 2022Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.