08/25/2026
Starter Homes Are Becoming More Affordable—Here's What First-Time Buyers Should Know
We've noticed a positive shift for first-time buyers: purchasing a starter home in the U.S. now calls for an income of about $70,693—1.5% less than last year. With median incomes currently exceeding this figure by $17,000, the path to homeownership is a bit more accessible, even as mortgage rates remain relatively high. For median-priced homes, an income of around $109,796 is still needed. As real estate professionals with decades of experience helping clients navigate California's varied markets, we know how important it is to understand these numbers when planning your next move. Trust and integrity guide us as we guide you through every step of the process.