A recent study conducted by the Detroit Free Press has found
that first-time home buyers are purchasing significantly more
expensive properties than they had been a generation ago.
Specifically, young couples without children, whether they are
married or not, have been gobbling up "starter homes" at a faster
rate than their parents, or even the same demographic only a decade
One example used by the source was a couple from Macomb
Township, Michigan, who were less than three weeks away from
getting married when the story was published on April 8. The pair,
who are 28 and 30 years old, were able to purchase a 3,100 square
foot property with luxury features like granite countertops and
hardwood flooring for roughly $300,000.