Starter homes now cost $1 million in hundreds of U.S. cities, Zillow finds

The cost of entry-level homes has skyrocketed, with Zillow revealing that prices now exceed $1 million in 242 U.S. cities, a significant increase from just three years ago. This trend underscores the escalating housing market pressures, making it increasingly difficult for first-time buyers to find affordable living spaces. Such a sharp rise highlights the broader issue of housing affordability and its impact on economic mobility, potentially reshaping urban demographics and community structures across the nation.