starter home/house
noun
: a first home
This small house would make a great starter home/house for a young couple.
Examples of starter home/house in a Sentence
Recent Examples on the Web
Buying a starter home in San Jose costs 86.7% more than renting one.
—
Angela Rodriguez, Sacramento Bee, 21 May 2024
The hope would be this particular tax credit would increase starter home supply, which is extremely low as more current homeowners hold onto their current properties.
—Sydney Lake, Fortune, 2 May 2024
Considering higher home prices, it’s also been increasingly difficult for first-time home buyers to come up with enough cash for a down payment, even on a starter home.
—Sydney Lake, Fortune, 2 May 2024
For one, the cost of owning a home is the highest on record, and the salary needed to buy a starter home has almost doubled since the start of the pandemic.
—Alena Botros, Fortune, 24 Apr. 2024
Under this law, the retirees can earn supplemental income and young families can buy an affordable starter home.
—Karen Garcia, Los Angeles Times, 14 Oct. 2023
Meanwhile, the salary Americans need to buy a starter home has nearly doubled since the pandemic, according to Redfin data, and the down payment on the average home has jumped 25% in the last year alone, a separate Redfin report said.
—Jason Ma, Fortune, 13 Apr. 2024
Statewide, a typical starter home costs over $1 million, while the average renter pays 42% of their income for housing, according to a Forbes Housing analysis.
—Obby Caina Calvan, Chicago Tribune, 17 Aug. 2023
Even purchasing a starter home is completely out of reach for many Americans, and some experts argue these types of houses don’t even exist anymore, considering how high mortgage rates and home prices have gotten.
—Sydney Lake, Fortune, 2 Apr. 2024
Angela Rodriguez, Sacramento Bee, 21 May 2024
The hope would be this particular tax credit would increase starter home supply, which is extremely low as more current homeowners hold onto their current properties.
—Sydney Lake, Fortune, 2 May 2024
Considering higher home prices, it’s also been increasingly difficult for first-time home buyers to come up with enough cash for a down payment, even on a starter home.
—Sydney Lake, Fortune, 2 May 2024
For one, the cost of owning a home is the highest on record, and the salary needed to buy a starter home has almost doubled since the start of the pandemic.
—Alena Botros, Fortune, 24 Apr. 2024
Under this law, the retirees can earn supplemental income and young families can buy an affordable starter home.
—Karen Garcia, Los Angeles Times, 14 Oct. 2023
Meanwhile, the salary Americans need to buy a starter home has nearly doubled since the pandemic, according to Redfin data, and the down payment on the average home has jumped 25% in the last year alone, a separate Redfin report said.
—Jason Ma, Fortune, 13 Apr. 2024
Statewide, a typical starter home costs over $1 million, while the average renter pays 42% of their income for housing, according to a Forbes Housing analysis.
—Obby Caina Calvan, Chicago Tribune, 17 Aug. 2023
Even purchasing a starter home is completely out of reach for many Americans, and some experts argue these types of houses don’t even exist anymore, considering how high mortgage rates and home prices have gotten.
—Sydney Lake, Fortune, 2 Apr. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'starter home/house.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Starter home/house.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/starter%20home%2Fhouse. Accessed 28 May. 2024.
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