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

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. '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. Jake Skorheim and Spike O’Neill, co-hosts of "The Jake and Spike Show" on KIRO Newsradio, asked listeners what they look for in buying a home, and the ensuing discussio