The starter home isn’t what it used to be. For the better part of the past century, most Americans became homeowners by purchasing a detached single-family house. But soaring prices are making that paragon of U.S. real estate less attainable, and many people have turned to condominiums as the only affordable option, particularly in expensive coastal cities. Now even that option has become endangered. People often use condo as a synonym for apartment , but it refers to a particular arrangement:

Tag-uri: Real Estate