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First-time homebuyer affordability in Seattle area called 'ridiculous' as housing costs keep rising

A WalletHub study ranks Seattle and Tacoma among the toughest U.S. cities for first-time homebuyers, with starter homes averaging well over $500,000.

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'Big Money Show' co-host Taylor Riggs joins 'Fox & Friends' to analyze the soaring cost of entry-level homeownership, noting 242 U.S. cities now require $1 million for a starter home.

She discusses congressional efforts to limit large institutional investors from purchasing these homes.

Buying a first home in the Seattle-Tacoma area has become one of the toughest challenges in the country, according to a new study ranking the region among the nation's worst places for first-time homebuyers because of soaring housing costs and limited affordability.

A new study from WalletHub ranked Seattle 204th and Tacoma 190th out of 300 in a survey ranking American cities for first-time homebuyers.

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