According to the National Association of Realtors, a starter home is defined as 85% of the median home price.
For the former, foreclosures and short sales represent a golden opportunity to secure a starter home for a growing family at a tremendous discount.
Mr. KATZ: I think they're driving to qualify, so they can afford a decent starter home or perhaps the, sort of, the second home.
Starter-home affordability: Moody's Economy.com provided us with an index of housing affordability based on the cost of a median priced home in each city compared with the median income.
To determine the best city for couples, we collected data for 40 of the largest metropolitan statistical areas for five different categories: marriages per 1, 000 people, divorces per 1, 000 people, starter-home affordability, income disparity and availability of couple's or family counseling.
Freese's home run came on a fastball from Mets starter Jeremy Hefner, who was starting in place of Shaun Marcum.
Two ties and a loss provided a rough starter start to the season, especially given the ties were at home against Norwich (currently 17th with 3 points) and West Brom (surprisingly 5th with 11 points).
FORBES: Premier League Leaders and Laggards Through September
Ben Francisco hit his first home run for the Yankees and three relievers were spotless after fill-in starter David Phelps wasted a four-run lead.
Ben Francisco hit his first home run for the Yankees and three relievers supplied spotless work after fill-in starter David Phelps wasted a four-run lead.
Ben Francisco hit his first home run for New York and three relievers supplied spotless work after fill-in starter David Phelps wasted a four-run lead.
On Tuesday at home against the Chicago White Sox, the Mets hope to get another boost from rookie starter Matt Harvey, the NL pitcher of the month who went 4-0 with a 1.56 ERA and a .156 opponents' batting average in six April starts.
The prospect of an interest free loan covering 20% of the cost of a 'newly built home' - as the chancellor described it - could stimulate house building and provide far more starter homes.
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