The Brief
- The number of cities where starter homes cost a million dollars or more has exploded in the U.S. in recent years.
- California tops the list.
- More than 100 California cities have million-dollar entry-level homes.
SAN FRANCISCO – New figures show the number of cities where entry-level, starter homes cost a million dollars or more has hit a record high in the U.S., with California leading the pack.
By the numbers:
Since the pandemic, cities with a typical starter home worth $1 million or more have almost tripled to 242, according to figures from online real estate marketplace Zillow.…