First-Time Home Buyers are individuals or households entering the real estate market to purchase a home for the first time or after an extended period of renting. Various programs and incentives often exist to assist these buyers, particularly those who meet specific criteria such as income limits.
A starter home is typically a modest-sized house designed for first-time homebuyers. These homes serve as entry points into the housing market, often featuring less than 1,500 square feet and existing within an affordable price range.
