A starter home now costs $1 million in half the states in the U.S., report reveals [Yahoo! Finance]
D.R. Horton, Inc. (DHI)
Last d.r. horton, inc. earnings: 4/28 06:30 am
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Source: Yahoo! Finance
But in more U.S. cities, getting a starter home is even more out of reach, given the $1 million barrier to entry in hundreds of cities. A new housing report reveals the hurdle to becoming a first-time homebuyer is now even higher in hundreds of U.S. cities. Housing platform app Zillow reports there are now 233 locations in the U.S. where a simple “ starter home ”—a smaller, less-expensive route to owning a larger house—will now run you $1 million or more. The increase represents a dramatic rise from five years ago when there were only 85 cities with million-dollar starter homes. The implications include significantly higher down payments, elevated monthly mortgage payments and more difficulty for low- and middle-income buyers to get on the path to homeownership. And it's not just a California problem, wrote Zillow economic analyst Anushna Prakash. New York, New Jersey, Florida, Massachusetts, Washington, and Texas now boast cities in the million-dollar-starter-home club. This is
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DHI
Earnings
- 10/28/25 - Miss
DHI
Sec Filings
- 12/16/25 - Form 4
- 12/12/25 - Form 4
- 12/10/25 - Form ARS
- DHI's page on the SEC website