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A young couple in front of a home.
Many first-time homebuyers, largely consisting of millennials and Gen Zers, are locked out of homeownership.
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a row of homes in San Francisco
San Francisco has seen the biggest decline in starter home prices this year, according to Redfin.
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A Floridian home for sale.
Homes are getting less affordable for first-time buyers, Redfin said.
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Housing market home for sale
People walk by a sold sign in front of a house along the Erie Canal in Pittsford, New York, on Monday, Sept. 6, 2021.