They waited out the pandemic boom. They saved longer, rented longer, delayed longer, and watched the typical first-time homebuyer age climb to a record 40. Now, the buyers who did everything right are running into a new problem: The Northeast just became the fastest-growing region for million-dollar starter homes in the country.
It’s especially imperfectly timed for millennials entering their peak household spending years and beginning to form their own families (or at least try to).
