Marketplace®

Daily business news and economic stories

Aging town trying to lure first-time buyers priced out of new homes, with fixer-uppers

For the first time on record, the national median home sale price has passed $300,000, according to a recent report by the real estate brokerage Redfin. Those rising prices have made it tough for people in their 20s and 30s trying to get into a first home. But the trend also presents an opportunity for […]

For the first time on record, the national median home sale price has passed $300,000, according to a recent report by the real estate brokerage Redfin. Those rising prices have made it tough for people in their 20s and 30s trying to get into a first home. But the trend also presents an opportunity for aging communities with a lot of older, less expensive homes, to try and attract younger residents.

This story was produced by the Marketplace hub at the ideastream newsroom in Cleveland.

Click the above audio player to hear the full story.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    6 hours ago
    25:19
  • Make Me Smart
    12 hours ago
    19:00
  • Marketplace Morning Report
    15 hours ago
    6:55
  • Marketplace Tech
    19 hours ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45