One of the weird things about the local housing market at the moment is that small, entry-level homes are hard to find — and (therefore) seem to be fetching a healthy premium.
Meanwhile, north of seven figures, there seem to be TONS of choices, many steeply discounted.
That disconnect suggests a solution (I’m kidding, but not completely):
Groups of first-time Buyers should combine to buy large, upper bracket homes — and share them!
Not only will the co-owners enjoy more space per person that way, they’ll also enjoy the quality of an upper bracket home; live in a (very) nice neighborhood; and possibly even get to enjoy (part of) an especially nice, oversized lot.
Not sure about the parking, though . . .