Starter homes – modest in size and price – used to be a gateway for first-time homebuyers to begin building equity and a lifetime of stable homeownership.  That gateway, however, has significantly narrowed, as the housing shortage has placed a premium on smaller homes that used to fit the budget of a first-time, entry-level buyer. […]

Homeownership’s connection to economic stability, improved educational outcomes and better health is well documented. But amid an unprecedented housing crisis, homeownership — and the potential it brings — is financially no longer an option for a growing number of people.  The crisis has been decades in the making, a combination of low supply and excessive […]