Starter homes increasing

The news is positive for those looking to break into the housing market: metro areas such as Detroit are seeing an influx of smaller (1800 square feet) homes modestly priced ($330,000).

While the number of options may be limited as compared with higher-priced models, these homes are well-constructed with hardwood floors, solid windows, and strong wood siding.

Meanwhile, both houses of Congress are working on housing bills that boost the starter-home industry.